10 Free Online Real Estate Courses You Should Take

Being a professional real estate agent requires you to have comprehensive knowledge about how the real estate industry works. Taking a few online real estate courses will set you miles ahead of the majority, even if you have no formal education.

Real estate is an industry that requires you to have good knowledge about numbers and negotiation. In this article, we have selected the best online real estate courses you can take to bridge that knowledge gap. There are online courses on real estate development, construction management, client acquisition, and persuasive negotiations.

We’ve provided deep insights on 10 free online courses that will facilitate your real estate journey. While these courses may be free, it is important you know they are quality materials from reputable institutions. As a matter of fact, if we measure their monetary value based on the information revealed in them, they will be worth more than the average courses you happily pay for.

So, if you’re interested in being a real estate professional, or you want to get the basic knowledge of real estate, so you don’t get cheated in transactions, then one or two of the underlisted courses will be of immense support to you. But before we go right into that, do we know what real estate is all about?

What Is Real Estate?

Real estate simply means real, or physical property. So, if you are going into real estate management, it simply means you are going into the management of physical properties.

Forms Of Real Estate

There are two basic forms of real estate, and they are listed below:

Undeveloped real estate: this simply refers to vacant lands, farms, or ranches without any form of construction on them. They are referred to as undeveloped or unimproved because they are still in their natural state and no form of property has been erected on them.

Developed real estate: developed real estate refers to residential, commercial and industrial buildings. Residential buildings refer to homes where people live. They can be built or bought by the family members. Commercial buildings refer to hotels, shopping complexes, medical centers, office apartments and even vacation apartments. Industrial buildings are manufacturing buildings and warehouses.

If you are aspiring to be a successful real estate professional, you need to know how the industry operates, how properties are constructed, and how properties are managed. You also need to know how to buy quality and undervalued real estate properties and sell them when the prices have appreciated. That is what these courses below will give you.

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Online Real Estate Courses you Should Take in 2022

1. Real Estate Fundamentals: Find, Fund, Fix, and Flip

You see, flipping is one of the easiest ways to make money in real estate. It basically refers to buying an already existing property and selling at a higher price. This can be very rewarding if you have fundamental real estate knowledge on how to find an undervalued property, and what to do with it.

In this course, American Real Estate Mogul and Star Actor in the movie “Flip This House,”  Armando Montelongo, laid down practical steps on how you can find, fund, fix and flip a property. Armando has practiced property flipping since 2001 and has recorded tremendous progress in it as he went from being $50,000 in debt to making over $50 million in commercial real estate. 

Tell me, who else would you rather learn property flipping from?

Udemy has broken this 6 hours course into two broad sections with 28 lectures in all. The course is presented in very short videos that you can watch at your convenience. Below are the course contents:

Section One: Finding Big Profit Flips

  • Auctions
  • Bail Bondsmen
  • Building your Pipeline
  • Demolition                                                                                                       
  • Disaster Deals
  • Divorce
  • Foreclosures
  • Insurance Deals
  • Pocket Listings
  • Pre-foreclosures
  • Probate
  • Tax Liens Parts 1 & 2
  • The Realtor Parts 1 & 2
  • Wholesalers

Section Two: Finding Deals with OPM

  • Additional Sources of Funding
  • Another Ninja Trick
  • Dissolving the Myth
  • Establishing Area Value
  • Owner Carry Back
  • Screw The Bank Parts 1 & 2
  • Show Me the Money
  • Structure the Deal Parts 1 & 2
  • The King’s Ransom

All these are available to you for free on the Udemy Platform. Click here to take the  course. 

2. Commercial real estate investing for beginners

Peter Harris poured his whole heart out in this course. The secrets of commercial real estate investing revealed in this course are tremendous. In this course, Harris (author of the best-selling book “Commercial Real Estate Investing for Dummies”) will reveal to you all you need to know as an individual real estate investor.

It is so beginner-friendly that he started with defining and explaining the different real estate asset classes. He also gave tips on how you can own your first commercial real estate investment property. You will also learn how you can evaluate properties and avoid major pitfalls when investing in commercial real estate.

The 8 hours course is available for free on Udemy and is segmented into 11 sections as listed below.

  • Getting Started
  • Investing in Apartments
  • How to Buy Your First Multi Family Apartment Building
  • Apartment Loans 101
  • Investing in Self Storage Properties
  • Investing in Shopping Centers
  • Investing in Mobile Home Parks
  • Investing in Office Buildings
  • Property Management
  • Avoiding Bad Commercial Real Estate Deals
  • Conclusion

3. Construction Management

This construction management course gives you a fundamental understanding of the real estate development process. It gives a detailed explanation on real estate construction, the key market players, types of construction contracts, different forms of construction forms and how they align with different asset types.

The course which is divided into five sections covers the following facets of construction management; project initiation and planning, scheduling techniques and procedures, cost estimating and control, and construction project financials.

Though the course is designed to last for seven months, it is designed to give you the flexibility you need to complete it. You only need to dedicate approximately 25 hours in a week to it. And you can adjust deadlines to match your personal schedules.

The course contents are made available in English, Arabic, French, Portuguese, Italian, Vietnamese, German, Russian and Spanish languages.

Below are the five sub-courses in this course:

  • Construction project management
  • Construction scheduling
  • Construction cost estimating and cost control
  • Construction finance
  • The construction industry: the way forward.

You can take this course in bits. That means you can decide to take the construction finance course alone without taking the others. But it is advisable you take the full course to gain detailed knowledge on construction management.

This course is available for free, and it is accessible on the Coursera platform. However, it costs $49 if you request for a certificate.

4. Financing and Investing in Infrastructure

If you want to learn how to finance infrastructure investment with equity or borrowed capital, then this is the course you should take. The course is centered on how private investors approach infrastructure projects. It emphasized more on the practical aspects of project finance.

It is structured in such a way that you have texts, videos and audio recordings addressing the same topic. This affords you the opportunity to choose the best format that will work with your other engagements. It takes approximately 18 hours to complete the course, and it is spread across 7 weeks. So you have a very flexible deadline that enables you to assimilate the contents of the course without being in a hurry.

Below are the course topics as they are spread across the course duration:

  • Project Finance and the Network of Contracts
  • Syndicate
  • Risk Analysis
  • Capital Budgeting
  • The Financial Sustainability of an Infrastructure Project
  • How can Creditors Protect Themselves?
  • Additional Videos and Final Quiz

It costs about $49 to acquire a certificate in the course. But the full course contents are audited for free. You can access it here on the Coursera platform. 

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5. How to Generate Leads Through Facebook Ads in Real Estate

As with every business, your success in real estate depends heavily on your ability to promote your products. Facebook has been known to be the platform with the highest number of subscribers in the social space. There are a ton of high net worth individuals on Facebook who would be glad to be your customers. You only need to find them

This course introduces you to the wonders of Facebook advertising. It takes you by the hand and guides you through the process of setting up effective Facebook campaigns that will generate quality leads for your real estate business.  Here are the things discussed in the course:

  • Facebook page setup
  • Facebook page description
  • Facebook project research
  • Ad setup on Facebook
  • Audience targeting
  • Budget setup and optimization
  • Ad creation
  • Ad review and leads download
  • Facebook tips and tricks
  • Updates and Queries

It is a very short duration course of about 1 hour 8 minutes, and it is accessible for free on Udemy. This is one of the best online courses that can facilitate your real estate journey.

6. Introduction to Negotiation: A strategic Playbook for Becoming a Principled and Persuasive Negotiator

To be a successful real estate agent or investor, you need to be a powerful negotiator.  And the truth is, very few people are born with this gift. It requires constant practice and effort to be a powerful force in the game of negotiation.

In this course, Professor Barry Nalebuff of Yale University introduces you to powerful negotiation gambits.  To make the course even more valuable, Professor Barry invited three negotiation experts to give you insights from their experience as seasoned negotiators. These negotiators are: Linda Babcock, Herb Cohen and John McCall MacBain. To be frank, the strategies discussed in this course will save you a lot of money when closing real estate deals.

Listed below are the course modules:

  • Introduction/ What is the pie?
  • Negotiation Caselets
  • Zincit Case
  • Outpsider Case
  • Advanced Topics
  • Ask for it – Linda Babcock
  • You can negotiate anything – Herb Cohen
  • The Consummate Dealmaker – John McCall MacBrain
  • Further readings and acknowledgments

This course is available for free. But if you want to be certified at the end of the program, the cost is $49. Judging by the reviews this course has on Coursera, you can deduce that this is a $1000+ course being given away for free. 

7. Sustainable Cities

Being a professional real estate agent or investor requires you to be up-to-date with the happenings in the real estate sector. You need to know the major challenges facing the urbanization of cities in your locality and even the world at large.

This course sheds light on how governments and private stakeholders can contribute to urban development in order to heed to the call of the 11th Sustainable Development Goal – “making cities and human settlements inclusive, safe, resilient and sustainable”

It is a self-paced course that is estimated to last for 9 weeks if you study at most 6 hours per week. The SDG Academy has made this course available to anyone who cares about urban sustainability, and it is being offered for free. It can be accessed on the EDX platform through this link.

Course Modules:

  • The urban opportunity
  • What makes a city function?
  • Making cities productive and reduce inequality
  • Improving human development in cities
  • Providing universal urban services and infrastructure
  • How can cities be resilient?
  • Governing sustainable cities
  • Implementing change

8. Basics of Digital Marketing for All

This course will help you understand the basics of digital marketing and how you can utilize it for the growth of your real estate career. Digital marketing is the act of using digital platforms like social media, email, websites, search engines and mobile applications to advertise your goods and services.

In the current age and time, being successful in your chosen business requires you to always meet your prospective customers wherever they are, which is mainly online. This course enlightens you on the things you need to do to be consistently recognized by your prospects online.

The Basics of Digital Marketing for All is a self-paced course with an estimated completion period of four weeks. It is free and available on EDX. Below are the key takeaways from this course:

  • An Overview of Digital Marketing Tools
  • Search Engine Optimization (SEO) & Search Engine Marketing (SEM)
  • Social Media Marketing & Content Strategy
  • Email Marketing & Web Analytics.

9. Strategic Management in the Design and Construction Value Chain

If you’re someone who has interest in the business dynamics of real estate and construction, then this course is for you. It is instructed by Dr. John Macomber of Massachusetts Institute of Technology (MIT). He is the CEO of Building Vision Inc., a consulting and investing firm focusing on the future of the construction industry.

It is a well known fact that construction, real estate and architecture make up the largest industry in the World. Even though the industry is fragmented, confrontational  and risky, it is laden with a lot of strategic opportunities. It is these opportunities (and pitfalls) you will be learning in this course.

MIT has taken the stress to publish the lectures and course materials of thousands of its courses on a free and open digital platform it tagged “MIT OpenCourseWare.” These courses are available to all learners, educators and researchers worldwide. No costs are attached, you don’t even need to sign up on the platform to access them.

Below are the topics you will learn in this course:

  • Supply Chain Analysis
  • Market Segmentation
  • Vertical Integration
  • Competitive Advantage
  • Industry Transformation

10. E-commerce and the Internet in Real Estate and Construction

This course takes an in-depth look at the effects’ information technology (IT) has on business strategy in real estate and the construction industry in the long term. It builds on the analytical foundations of the Strategic Management course mentioned above. It goes on to give you clarity in the ways in which IT and e-commerce helps to give companies competitive advantage in the real estate industry.

As stated above, this course is made available for free by MIT through its OpenCourseWare platform. The course contents are listed below:

  • Supply Chain
  • Allocation of risk
  • Impact on contract obligations and security
  • Trends toward consolidation
  • The convergence of information transparency and personal effectiveness.

Conclusion

The online real estate courses listed here will not just introduce you to the World of real estate, but will also show you how to play in it.

Frequently Asked Questions on Online Real Estate Courses

How Long Does it Take to be a Real Estate Agent?

It can take you about five to twelve months to become a licensed real estate agent. This however depends on where you live. In the US, you can receive your license in about six months, while it would require about 12 months to achieve the same in Canada.

How do I Become a Real Estate Agent?

The basic process is to register and take a real estate pre-licensing course or training, take the licensing exams, get your license and identify with a real estate brokerage firm.

How Much Can I Make from Real Estate?

As an agent, according to a survey by real estate express, you can make between $100,000 to $150,000 a year. However, this varies if you’re into other forms of real estate.

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