ROCKWELL INSTITUTE
Below is a
list and description of courses offered for pre-license and continuing
education with clock hours and cost.
To
register for PRE-LICENSE online course's:
Pre-License
To
register for CONTINUING EDUCATION online course's:
Continuing Education
Returning student's):
Student Login
Course
certification with be issued by Rockwell Institute upon completion of
course.
NEW LICENSEES
Prelicense Package
Package
90 Clock Hours
$459
This package combines Washington Fundamentals, Real Estate
Practices, and the Broker's Cram to provide you with the best prelicense
education available. You must complete both Fundamentals and Practices
before taking the Washington real estate license exam on or after July
1, 2010. You may choose either the live-lecture or the online course
formats. Save money by choosing this package instead of signing up for
each course separately!
Washington Real Estate Fundamentals
Online
60 Clock Hours
$265
Washington Real Estate Fundamentals is a 60-hour
course that must be successfully completed before a person can sit for
the Washington real estate license examination. Fundamentals is a
comprehensive course that is directed at someone with little or no
experience in real estate. About 90% of our students pass the license
exam on their first attempt.
WA Broker's Cram
Online
$99
The Broker Cram
takes all the information taught in Rockwell's live Cram course,
puts it in a highly usable format on the computer, and allows you to
learn it at your own pace. You are shown what is likely to be tested on
the license examination, plus you get the opportunity to answer hundreds
of practice exam questions as well as take several practice exams.
The Cram
narrows your search for relevant topics, saving you both time and
unnecessary stress. As the exam date approaches, nothing is more
frustrating and stressful than studying in great detail information that
may be altogether unimportant. Save yourself a lot of needless grief and
enroll in the Cram course today.
MANAGING BROKER LICENSING COURSES
Managing Broker's Cram
Online
$99
While no one can
really guarantee that you'll pass the managing broker's license exam,
the Managing Broker's Cram online course provides the greatest
possible assurance. This course takes all the information taught in
Rockwell's live Cram course, puts it in a highly usable format on
the computer, and allows you to learn it at your own pace. You are shown
what is likely to be tested on the license examination, plus you get the
opportunity to answer hundreds of practice exam questions and take
several practice exams.
The Cram
narrows your search for relevant topics, saving you both time and
unnecessary stress. As the exam date approaches, nothing is more
frustrating and stressful than studying in great detail information that
may be altogether unimportant. Save yourself a lot of needless grief and
enroll in the Cram course today.
CONTINUING EDUCATION COURSES
Principles of Washington Real Estate
Online
30 Clock Hours
$135
Even if you're not a broker's license applicant, Principles of
Washington Real Estate is an ideal way to brush up on all the
fundamental aspects of practicing real estate, from appurtenances to
zoning. This course provides 30 hours of credit toward continuing
education requirements, and is now available online.
Financing Residential Real Estate
Online
30 Clock Hours
$135
Financing Residential Real Estate gives you an overview of both the
lending process and the guidelines used to qualify homebuyers for
mortgage loans. This course provides you with a solid understanding of
the following topics:
-
the loan application process,
-
loan underwriting standards,
-
conventional loans,
-
FHA loans,
-
VA loans,
-
seller financing,
-
fair lending, and
-
predatory lending.
Washington Real Estate Practices for CE Only
Online
30 Clock Hours
$135
This is a practical course for new agents. It offers guidelines in areas
such as: listing agreements and purchase and sale agreements; pricing
property; qualifying the purchaser; agency relationships; financing; and
other information pertinent to the new real estate agent.
All new salespersons licensed before July 1, 2010 are required by the
state to take this course before their first renewal.
Advanced Real Estate Practices
Corresp
30 Clock Hours
$135
Advanced Real Estate Practices provides an in-depth look at many of the
issues that real estate agents in Washington encounter on a day-to-day
basis, plus it examines complications that can arise in brokerage
operations and real estate transactions. Advanced Practices covers,
among other topics, risk reduction strategies, negotiating contracts,
pricing and marketing properties, and the development and sale of vacant
land. This course is part of the state’s
first renewal requirements for brokers who obtained their licenses on or
after July 1, 2010.
Washington Real Estate Appraisal
Online
30 Clock Hours
$135
Real Estate Appraisal gives you an overview of both the theoretical and
practical aspects of the subject, with an emphasis on residential
appraisal practices. Real Estate Appraisal will provide you with a solid
understanding of the following topics:
-
The eight steps of the appraisal process
-
Architectural styles
-
Construction methods and materials
-
Collection and analysis of appraisal data
-
Analyzing the highest and best use of a property
-
Estimating cost and depreciation
-
Selecting and analyzing comparable properties
-
The three methods of appraisal
-
Preparing appraisal reports
Washington Escrow
Online
30 Clock Hours
$135
This course provides a detailed examination of the Escrow Agent
Registration Act, the state law that governs the escrow business in
Washington. In addition, the course covers pertinent real estate basics
(encumbrances, title issues, and so on), the closing process, settlement
statement preparation, and federal laws that closing agents must comply
with.
Course Outline:
-
The Escrow Registration Act
-
Real Estate Ownership
-
Real Estate Transfers
-
The Closing Process
-
Preparing the Settlement Statement
Mathematics of Selling Real Estate
Online
7.5 Clock Hours
$59
This course is designed to give real estate agents the basic
problem-solving skills that will prepare them for all types of
real-world situations involving math calculations. The course begins
with elementary topics such as conversion of fractions, decimals, and
percentages, calculation of area and volume, calculation of loan amounts
and interest rates, and calculation of commissions. Students will then
advance to more complex problems involving appreciation and
depreciation, capitalization, and proration of expenses.
Washington License Law
Online
7.5 Clock Hours
$59
This course is designed to familiarize real estate agents with all
aspects of Washington real estate license law, and to keep them apprised
of new developments in the law so they can stay in compliance. The
course begins with an explanation of when a license is required and how
a license is obtained and renewed. It also details the regulation of
business practices, including topics such as agency disclosure
requirements, trust account and recordkeeping requirements, and a
broker's supervisory responsibilities. Finally, the course explains the
disciplinary procedures for license law violations.
Settlement Statement
Problems: Case Studies
Online
7 Clock Hours
$59
Preparing accurate
settlement statements takes practice. This course presents you with
intensive settlement statement preparation problems that will test your
understanding of settlement statements and demonstrate how a variety of
special situations are handled.
Mortgage Loan Basics
Online
6 Clock Hours
$50
Mortgage Loan Basics is our most general course on the real estate
lending process. It introduces the student to the basic features of a
residential loan and to the documents used in the lending process.
Rudimentary concepts such as amortization, loan-to-value ratios,
mortgage insurance, secondary financing, and interest rates are clearly
explained in this course. The online presentation of the material makes
the learning process interactive and entertaining
Real Property Ownership
Online
6 Clock Hours
$50
This course covers the concepts and laws that govern real estate
ownership in Washington. Topics include the elements of real property,
ownership interests, liens and easements, zoning, and property taxation.
Course Outline:
-
Real Property
-
Ownership Interests
-
Forms of Ownership
-
Encumbrances
-
Public Restrictions
Real Property Transfers
Online
6 Clock Hours
$50
Even simple transfers of real estate ownership from one party to another
involve contracts, title issues, financing instruments, and much more.
The rules and practices that affect a conveyance of title are the focus
of this course.
Course Outline:
-
Contract Law
-
Purchase and Sale Agreements
-
Transfer of Title
-
Real Estate Financing
Essential Principles of Appraisal
Online
4 Clock Hours
$45
Essential Principles of Appraisal gives you an overview of the
principles of valuing property, with an emphasis on residential
appraisal. Essential Principles of Appraisal will provide you with a
solid understanding of the following topics:
Course Outline:
-
The appraisal profession
-
The principles of value
-
The appraisal process
-
Data collection and analysis
Escrow Agent Registration Act
Online
4 Clock Hours
$45
This course covers the Escrow Agent Registration Act—the state statute
that governs the escrow business in Washington—along with the provisions
of the Washington Administrative Code that implement the statute. You'll
learn everything you need to know about the licensing and regulation of
independent escrow agents and officers.
Course Outline:
-
Basic Definitions
-
Implementation of the Escrow Law
-
Escrow Agents and Officers
-
Financial Responsibility
-
Regulations Concerning Escrow Offices
-
Trust Funds
-
Miscellaneous Provisions
The Seller as Lender: Seller Financing Explained
Online
3 Clock Hours
$40
The Seller as Lender
teaches everything a student needs to know about seller financing. The
course begins by explaining why seller financing is used, then proceeds
to cover all topics relevant to someone contemplating a seller-financed
transaction-seller seconds, primary seller financing, and alternatives
to seller financing such as buydowns and lease arrangements. The course
concludes with a brief look at the real estate agent's responsibilities
in a seller-financed transaction. The online presentation of the
material is detailed, organized, and easy to follow.
Borrower Beware: Fair Lending/Consumer Protection
Online
3 Clock Hours
$40
This online course teaches the student how to avoid the pitfalls of real
estate financing. First the student is introduced to the key laws
enacted to protect the borrower: the Equal Credit Opportunity Act, the
Fair Housing Act, the Home Mortgage Disclosure Act, the Truth in Lending
Act, and the Real Estate Settlement Procedures Act. These laws are
examined in detail, with illustrations and examples used to enhance
comprehension. The course concludes by taking a look at predatory
lending practices and the measures taken to curb them. A lively and
colorful online presentation brings the course content to life.
Real Estate Construction, Ownership, & Investment
Online
3 Clock Hours
$40
Many of a client's most pressing questions will not concern the fine
points of real estate law but more practical concerns, like whether a
house appears to be solidly constructed, or whether it's even a good
idea to buy property at all. This course will prepare a real estate
agent to answer these questions. It includes an overview of how
residential property is constructed, other pointers for evaluating a
home, a worksheet for helping clients decide whether to rent or buy, and
special considerations for clients looking for investment or income
property.
Course Outline:
-
Home Construction
-
The Decision to Rent or Buy
-
Evaluating a Home
-
Investing in Real Estate
Washington Core Curriculum
Online
3 Clock Hours
$40
This online Core Curriculum course covers new topics relevant to
residential real estate. This 3-hour course discusses rules about
referrals and workers' compensation, property management, and handling
distressed properties and short sales. All salespersons and brokers must
take this course as part of the clock hours needed for license renewal.
Transition Course
Online
3 Clock Hours
$35
Every licensee who obtained his license before July 1, 2010 must
complete a 3-hour Transition Course before renewing his license after
June 30, 2010. (Licensees only have to take this course once; it is not
required for subsequent renewals.) This course explains the changes to
the real estate license law that are effective as of July 1, 2010. It
covers the new licensing requirements, the duties and responsibilities
of each new type of licensee, new business practices, and how these new
requirements affect real estate firms.
