The Ohio Department of Job and Family Services predicts that the demand for real estate agents in the Cleveland metropolitan area will increase by more than 15 percent from 2006 through 2016. To become a real estate agent in the state, a license from the Ohio Division of Real Estate and Professional Licensing is necessary. Among the licensing requirements is the completion of 120 hours of mandatory prelicensing training given by a state-approved provider. Residents of Cleveland can find four such providers within 30 minutes of downtown.
Cleveland State University
Cleveland State University is a public institution with more than 16,000 undergraduate and graduate students. The university offers two options for students who wish to complete the requirements for real estate licensing. As one option, prospective agents can enroll at the university as transient or noncredit students and simply complete the mandatory 120 hours of training through taking classes in real estate finance, law, principles and practices and appraisals. Alternately, students may apply for formal admission to the university and pursue a four-year Bachelor of Business Administration degree with a concentration in real estate finance. With this option, students complete not only the required training hours but additional classes in business and general education areas like mathematics and humanities. Degree students can benefit from federal and state financial aid programs to help offset the cost of tuition.
Cuyahoga Community College
A public, two-year institution, Cuyahoga Community College in Cleveland serves as home to more than 55,000 credit and noncredit students. The college offers an Associate of Applied Business in real estate, which fulfills the Ohio Division of Real Estate and Professional Licensing's training requirements. The program lasts for two years. In addition to the mandatory prelicensing coursework, students take classes in macroeconomics, composition, communications, general business and human resources. Eligible students can receive federal and state loans and grants while studying at the college. Job placement assistance is available.
Hondros College is a private, for-profit postsecondary institution with accreditation through the Accrediting Council for Independent Colleges and Schools. The school offers its state-approved real estate training at its campuses in Independence and Mentor, which are 12 and 25 miles from Cleveland, respectively. The training program is available with day, evening or weekend schedules. Depending on the scheduling a student selects, the programs are completable in as little as three weeks. Students at Hondros complete only the mandatory 120 hours of real estate coursework and one additional class to help prepare for the state licensing examination. Financial aid is not available. The school regularly hosts career nights to help introduce students to potential employers.
Lakeland Community College
Home to more than 12,000 students, Lakeland Community College is a public, two-year institution in Kirtland, approximately 23 miles from Cleveland. The college's state-approved real estate training consists of four classes, which are completable all during one semester or one at a time. Courses are offered during day and evening hours. Although the program is not eligible for government financial aid, the college has a limited number of scholarships available to help students manage the tuition.