Pre-Licensing

Principles & Practices of Real Estate for Maryland Salespersons

Prepare to Succeed.  Our real estate pre-licensing course has been approved by the Maryland Higher Education Commission and the Maryland Real Estate Commission and satisfies the necessary educational requirements to sit for the Maryland Real Estate Salesperson Examination. The objective of the course is to familiarize the student with the basic principles involved in the sale, purchase, lease, ownership and transfer of real estate from the contractual, financial and agency perspectives of real estate transactions and Maryland Real Estate Law. A course exam must be passed before a certificate of successful completion can be issued. All 60 classroom hours must be attended. Upon successful completion of the course, students will be given a “Certificate of Completion” which is required to sit for the Maryland State PSI exam. Tuition is $190.

The Academy also offers an optional eight hour session consisting of a review class and practical exercises in preparation for the State PSI examination. The cost for the exam prep class is $50. Individual tutoring is also available.

                                       Schedule Options
Day Classes:

The intensive 2 1/2 week day class will be held from 9:00am to 5:00pm, Monday, Wednesday and Thursday.
Weeknight/Evening Classes:
The 4 week evening class will meet from 5:30pm to 9:30pm, Monday thru Thursday.
Alternate Weeknight/Evening Classes:
The 8 week alternate weeknight class meets Tuesday and Thursday from 6:00pm to 10:00pm
Weekend Classes:
The 4 week weekend class will meet on Saturday and Sunday from 9:00am to 5:00pm.

All classes are a total of 16 sessions (Session 16—Final Exam 2 hours) 
Students must attend all 15 sessions to be eligible to sit for final exam. 
If a session is missed, it should be made up within 60 days. If a student misses more than 3 sessions (12 Hours), he/she will be dismissed. 

A passing score of 75% is required on both the General and Law exam. 
Students may have 2 chances to obtain a passing grade on the final exams. If the student fails on either exam on the 2nd try, the student will not be eligible to receive a certificate of successful completion. Final Exam is 2 hours (1.5 hours on General Test and 1/2 hour on the Law Test.

Textbooks and Assigned Readings:
The assigned (required) textbooks are:
Modern Real Estate Practice by Fillmore W. Galaty, Wellington J. Allaway, Robert C. Kyle
Maryland Real Estate Practice and Law, by Donald A. White, (Dearborn Real Estate Education, Eleventh Edition)

Optional recommended books are: 
Study Guide for Modern Real Estate Practice 
Guide to Passing the PSI Real Estate Exam, 5th edition by Lawrence Sager.

Tuition: $190 
Assigned textbooks: $63 
Total cost: $253

ENROLLMENT PROCEDURES

Students may enroll at any time after the appearance of the announcement, and will be accepted into the next available class.  To enroll, the student shall complete the enrollment agreement and return it (along with payment of tuition and costs for any books) either personally or by mail to the Academy. Payment may be in the form of cash, check or appropriate credit card. Reservations for the class are confirmed once payment is received and confirmed.

ENTRANCE REQUIREMENTS
All applicants must be at least eighteen years of age and have provided evidence of high school completion or equivalency (GED) prior to beginning classes.  In the event that a high school diploma or a G.E.D. certificate is unavailable, the school shall administer, through its representative, the Wonderlic Scholastic Level test.  Details available in the school catalog.

                        Maryland real estate pre-licensing programs.