Real Estate Training Courses Online: For Better or Worse?

Few years back, people have had only relied their education and learning needs through traditional methods. Even professional individuals who aim to enhance their knowledge and skills attend seminars and trainings to gain ideas that they can adapt for and succeed in achieving their career goals. Years have pass by, training and education became a very important part of every success and career path that a person chooses, specifically for real estate agents in the US. Licenses were then implemented to ensure that realtor agents are adequately capable of performing their duties and responsibilities – and which aimed to give emphasis on the need for applicants to ensure a college-level education before being able to take the national examination for realtors and get an active license. Aside from that, every state in the US had made their own set of requirements that applicants need to take note of as part of the licensing process.

With the existence of E-learning, also known as the online method of education and learning in the early 20th century, the housing market slowly began adapting to this – which sparked an interest for several service providers and companies to offer what we now know as real estate training programs online.

What are these real estate programs offered online?

These training programs are designed to provide the necessary education to realtors and applicants. The only difference is that the method was accessible and offered through the Internet and with the use of modern computers and mobile devices. Several US states have adapted to this kind of education, allowing it to be offered to license applicants and professionals taking their pre-licensing, continuing education, license renewal or post license course credits.

Since it is offered online, it showcases an advantage on the students to manage their own time in studying. Such online courses can be in a form of webinars, power-point presentations and slide shares. Other courses are downloadable to PDF formats to help students access their course even without internet connection. Just like several traditional methods of education, accredited real estate programs online hand out certificates to students who were able to finish the course, and to which they can print and add to their current credentials. Just to make it clear – these real estate training programs online do not give out the actual license to realtors. They only serve as the college-level of education and learning needed for them to be able to complete certain requirements set by the state department of real estate. Only a certain states’ licensing department can give out examinations and the actual license.

Why does this kind of program exist?

Though these programs only hand out certificates about the training and not the actual license itself – these online training programs for realtors and applicants prepare them in taking the examination given by the state department of licensing for realtors. It also helps suffice the requirement credits that realtors need to qualify for a realtor license.

With this breakthrough in the industry, online real estate courses became very popular until these days – especially to those individuals who do not have enough time to attend face to face training and traditional classes.

What other needs do these programs satisfy for?

Licensing in US real estate can be divided into several stages:

· Pre-licensing

· Continuing Education / License Renewals

· Post-Licensing

Though not all states follow the same steps and requirement, these online programs in licensing realtor applicants help meet the needs indicated under every stage.

Other courses online also offer professional development and career enhancement & training programs for those who need it.

So, is it for better or for worse?

To differentiate the impact of both learning method to the industry, let us take a quick look on several factors of learning:

· Type of Learners

o Online Method

– Does not offer a face to face interaction with instructors or professors, and with other students. Yet, several programs allow interaction via online chat, video calls and webcam to help online students connect with other online students.

– The internet is the main source of information to ideas where students have a hard time understanding when presence of online instructor or chat is not available.

– Courses can be accessible anytime and anywhere to enrolled students as long as there is sufficient internet connection.

o Traditional Method

– Can directly ask questions and inquiries and receive solid answers from teachers or instructors about certain topics that needs clarification.

– Good choice for students who are more intro directed learning.

– Have a face-to-face interaction with instructors or subject matter experts.

· Prior Knowledge about the Subject Matter

o Online Method

– Mostly recommended to individuals who have a background of the subject and just takes the course for knowledge developments purposes, license renewal or CE credit needs, or skill enhancement.

o Traditional Method

– Recommended to students and individuals who do not have a prior education about the subject matter at all, since it will require them further focus to be able to efficiently understand and learn from the course.

· Student Attitude

o Online Method

– Can be applicable for introvert type of individual or those who prefer taking the program on their own to avoid possible distraction.

o Traditional Method

– Applicable to individuals who prefer learning while being able to interact with the external environment or those who have extrovert personality.

Being an introvert or extrovert does not necessarily determine an individual’s choice. Some individuals may just prefer the traditional method of education due to its interactive and realistic values, while some prefer e-learning due to its convenience and realistic goals.

· Cost

o Online Method

– The online method is cheaper as individuals only have to pay for the enrollment to the course. Some even offer discounts, promos and course bundles.

– Resources can be accessed through the internet, and the use of books are optional.

– Courses can be accessed anytime an enrolled student wants.

o Traditional Method

– Expenses vary from tuition fees, miscellaneous fees, dorm fees, transportation allowances, food allowances, etc.

· Career Path or Job Potentials

o Online Method

– Not all companies hire realtors that took courses or certificates from an online real estate course program. However, several programs have started partnering with real estate firms – in which they have come up with an agent recruitment program designed to help students who passed the program to find a job after they have also passed the national license examination for realtor applicants.

– A growing number of firms have now opened opportunities to these applicants as they see an improvement from this method of education.

o Traditional Method

– The traditional method of education in terms of real estate had a longer history of offering quality education – which in return earns much favor from real estate companies making a higher percentage of job potentials from it.

As Leonardo Da Vinci once quoted, “Study without desire spoils the memory, and it retains nothing that it takes in.” In relation to both education methods, it does not actually matter what you prefer but the desire, passion, and interest is what you need to learn and eventually succeed.