Real Estate Classes

The real estate program at Lamar Institute of Technology prepares students for careers as a real estate clerk, property manager, appraiser, assessor, agent, or broker. The program focuses on developing, buying, selling, appraising, and managing property. Program courses include: land use development policy, real estate law, real estate marketing procedures, agency management, brokerage, property inspection and appraisal, real estate investing, leased and rental properties, commercial real estate, and property management. Get more details below including other Texas colleges that offer real estate classes.

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Lamar Institute of Technology

305 W. Interstate 20, Grand Prairie, TX

Lamar Institute of Technology is a state-owned technical school located in Beaumont, Texas. It is formerly a part of Lamar University but it became an independent institution when it joined the Texas State University System in 1995. In 1949, Lamar Institute of Technology started out as the Division of Vocations in Lamar University wherein the department teaches vocational skills training to students.

Today, LIT offers more than 50 programs in different fields such as allied health, business, public service and safety. Students have a variety of choices of degree programs that they can choose from. First time enrollees can consult with the school counselor on which program will fit their requirements. With its mission to produce highly skilled workforce, each program in LIT is designed to teach students important skills that they can use to find meaningful employments in society.

Regarding the tuition fee rate of the school, it is based on the number of semester credit hours t which the student has registered. Moreover, in-residents as well as out-of-state residents pay different tuition fee rates. For instance, the current rate for state residents is $114, while out-of-state residents pay $465.

Since LIT is  a member of the Texas State University Systems, students who wish to finish their associate degrees in colleges that offer four-year bachelor courses can apply for transfer curriculum thereby making it easier for students to seek higher learning to other schools. 

Students Enrolled in the Real Estate Program

Get more details below regarding enrollment, academics, and school demographics. Lamar Institute of Technology has offered the following degree levels for students:

• Less Than One Year Certificate
• Associate's Degree

Students by Academic Level (2019)

Students by Gender (2019)

Students by Race (2019)

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Property, Real Estate, and Community Association Managers

Description

Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).

Career Outlook & Projections ()

According to the BLS, property, real estate, and community association managers employment is expected to grow at a rate of 8.1% from 2014 to 2024

Salary & Wages

• Dallas-Plano-Irving, TX Metropolitan Division
  • Total Employment: 3
  • Average Hourly Rate: $52.13
  • Average Annual Salary: $108430
• Fort Worth-Arlington, TX Metropolitan Division
  • Total Employment: 810
  • Average Hourly Rate: $37.25
  • Average Annual Salary: $77480

Assessors

Description

Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.

Career Outlook & Projections ()

According to the BLS, assessors employment is expected to grow at a rate of 7.9% from 2014 to 2024

Salary & Wages

• Dallas-Plano-Irving, TX Metropolitan Division
  • Total Employment: 1
  • Average Hourly Rate: $37.93
  • Average Annual Salary: $78890
• Fort Worth-Arlington, TX Metropolitan Division
  • Total Employment: 270
  • Average Hourly Rate: $26.15
  • Average Annual Salary: $54380

Real Estate Brokers

Description

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Career Outlook & Projections ()

According to the BLS, real estate brokers employment is expected to grow at a rate of 1.8% from 2014 to 2024

Salary & Wages

• Dallas-Plano-Irving, TX Metropolitan Division
  • Total Employment: 840
  • Average Hourly Rate: $64.35
  • Average Annual Salary: $133840
• Fort Worth-Arlington, TX Metropolitan Division
  • Total Employment: 60
  • Average Hourly Rate: $27.74
  • Average Annual Salary: $57710

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).