Summer II 2025
Real Estate Brokerage
Approved: SH/8/21/2024 Real Estate Brokerage (RELE 2331 2A1) CREDIT 3 Semester Credit Hours (3 hours lecture, 0 hours lab) MODE OF INSTRUCTION Online PREREQUISITE/CO-REQUISITE: None COURSE DESCRIPTION A study of law of agency, planning and organization, operational policies and procedures, recruiting, selection and training of personnel, records and control, and real estate firm analysis and expansion criteria. COURSE OBJECTIVES Upon completion of this course, the student will be able to • Describe the laws of agency; • Demonstrate planning, organization and problem-solving skills; • Summarize a policies and procedure manual; • Formulate recruiting, selection, and personnel policies; • Appraise records and controls; • Perform real estate firm analysis; • Apply expansion criteria. INSTRUCTOR CONTACT INFORMATION Instructor: Stephen Hudnall Email: sahudnall@lit.edu Office Phone: (409)247-4941 Office Location: TC 226 Office Hours: See Starfish REQUIRED TEXTBOOK AND MATERIALS Real Estate Brokerage: A Management Guide 10th edition ISBN: 978-1-07-881177-4 ATTENDANCE POLICY This is a 5-week online course. Students are expected to log in to Blackboard two to three times per week and complete all coursework. DROP POLICY If you wish to drop a course, you are responsible for initiating and completing the drop process. If you stop coming to class and fail to drop the course, you will earn an “F” in the course. Fall 2024 final drop date is July 14, 2025 without academic penalty. No exceptions to these dates. If you are not passing at the time of the final drop date, I recommend that you drop the class and take it again at a later date. COURSE CALENDAR DATE TOPIC READINGS (Due on this Date) ASSIGNMENTS (Due on this Date) Week 1 The Challenge of Change; Leadership; Management Skills Communications & Decision Making; Analyzing the Business Environment Chapters 1-5 Let’s Get to Know Each Other Discussion Personality Assessment Discussion Unit 1 Quiz Communication Discussion Exam #1 Due July 20, 2025 Week 2 Analyzing the Market; Developing a Plan Structuring the Organization; Structuring Business Systems Chapters 6-9 Mission Statement Discussion Unit 3 Quiz Mid-Term Due July 27, 2025 Week 3 Structuring the Finances; Business Policies & Procedures; Marketing & Advertising The Practical & Legal Realities of Staffing; Recruiting, Selecting, And Hiring the Staff Chapters 10-14 Marketing Discussion Unit 5 Quiz Exam 3 Due August 3, 2025 Week 4 Professional Development; Coaching Performance Chapters 15-16 Resume’ Review Unit 7 Quiz Due August 10, 2025 Week 5 Critiquing Operations; Managing Risk Chapters 17-18 Final Project Final Exam Due August 14, 2025 COURSE EVALUATION Final grades will be calculated according to the following criteria: Participation 20% Exam 1 15% Exam 2 15% Exam 3 15% Final Exam 20% Final Project 15% Total: 100% GRADE SCALE • 90-100 A • 80-89 B • 70-79 C • 60-69 D* • 0-59 F* Red* indicates a failing grade TECHNICAL REQUIREMENTS The latest technical requirements, including hardware, compatible browsers, operating systems, etc. can be online at https://lit.edu/online-learning/online-learning-minimum-computer-requirements. A functional broadband internet connection, such as DSL, cable, or WiFi is necessary to maximize the use of online technology and resources. DISABILITIES STATEMENT The Americans with Disabilities Act of 1990 and Section 504 of the Rehabilitation Act of 1973 are federal anti-discrimination statutes that provide comprehensive civil rights for persons with disabilities. LIT provides reasonable accommodations as defined in the Rehabilitation Act of 1973, Section 504 and the Americans with Disabilities Act of 1990, to students with a diagnosed disability. The Special Populations Office is located in the Eagles’ Nest Room 129 and helps foster a supportive and inclusive educational environment by maintaining partnerships with faculty and staff, as well as promoting awareness among all members of the Lamar Institute of Technology community. If you believe you have a disability requiring an accommodation, please contact the Special Populations Coordinator at (409)-951-5708 or email specialpopulations@lit.edu. You may also visit the online resource at Special Populations - Lamar Institute of Technology (lit.edu). STUDENT CODE OF CONDUCT STATEMENT It is the responsibility of all registered Lamar Institute of Technology students to access, read, understand and abide by all published policies, regulations, and procedures listed in the LIT Catalog and Student Handbook. The LIT Catalog and Student Handbook may be accessed at www.lit.edu. Please note that the online version of the LIT Catalog and Student Handbook supersedes all other versions of the same document. ARTIFICIAL INTELLIGENCE STATEMENT Lamar Institute of Technology (LIT) recognizes the recent advances in Artificial Intelligence (AI), such as ChatGPT, have changed the landscape of many career disciplines and will impact many students in and out of the classroom. To prepare students for their selected careers, LIT desires to guide students in the ethical use of these technologies and incorporate AI into classroom instruction and assignments appropriately. Appropriate use of these technologies is at the discretion of the instructor. Students are reminded that all submitted work must be their own original work unless otherwise specified. Students should contact their instructor with any questions as to the acceptable use of AI/ChatGPT in their courses STARFISH LIT utilizes an early alert system called Starfish. Throughout the semester, you may receive emails from Starfish regarding your course grades, attendance, or academic performance. Faculty members record student attendance, raise flags and kudos to express concern or give praise, and you can make an appointment with faculty and staff all through the Starfish home page. You can also login to Blackboard or MyLIT and click on the Starfish link to view academic alerts and detailed information. It is the responsibility of the student to pay attention to these emails and information in Starfish and consider taking the recommended actions. Starfish is used to help you be a successful student at LIT. ADDITIONAL COURSE POLICIES/INFORMATION This is an 8-week online class. In order to stay on track, you should complete one unit per week. You must earn a grade of "C" or better in the recommended program of study. Any Real Estate student who does not must repeat the course. Mr. Hudnall has a ZERO TOLERANCE policy when it comes to academic dishonesty. The work that you turn in should be your own work and not plagiarized. Anyone caught turning in work that is not their own will be subject to academic disciplinary actions.