Wichita State offers a broad array of real estate courses that cover nearly everything related to real estate. Regardless of whether you intend to be a real estate professional, or simply want to understand how real estate impacts your life and business, we’ve got the courses you’ll need to prepare you for what lies ahead.
RE 310 – Principles of Real Estate
A broad and fun introduction to real estate markets and decision making for students of all backgrounds and career goals. Emphasizes how individuals and businesses interact with real estate on a daily basis. Topics cover legal and physical characteristics of real estate, zoning and other restrictions on land use, urban development and growth patterns, the real estate sales process, mortgage finance, appraisal, business location decisions, and the basics of real estate investment. (Note: non-Barton School students do not need special permission to enroll in this course.)
Prerequisite: Junior standing
RE 420 – Real Estate Property Management
Covers all aspects of both multi-family and commercial property management. Topics include commercial leases, multi-family leases, cash flow management, tenant relations, personnel issues, Fair Housing, ADA laws, the management contract, take-over procedures, insurance, management trends, daily operations and more. Class format includes case studies, guest speakers and class discussions over property management issues.
Prerequisite: Junior standing or instructor consent. Prior enrollment in RE 310 recommended for students with a declared emphasis in real estate.
RE 438 – Real Estate Law
Provides in-depth coverage of the laws and regulations affecting real estate ownership and use. Particular attention is paid to Kansas statutes and case law. Topics covered include ownership interests, property conveyance, mortgages, title assurance, landlord-tenant relationships, and public and private land-use controls.
Prerequisite: RE 310 or instructor’s consent
RE 611 – Real Estate Finance
Cross-listed as FIN 611. Covers the institutions and instruments used to finance residential and commercial properties, and provides essential knowledge and skills for students who are interested in a career as a commercial banker, mortgage banker or an analyst or investor in mortgage-related securities. Topics include fixed-rate and alternative mortgage instruments, financial analysis and decision making, residential mortgage underwriting, mortgage market regulations, primary and secondary mortgage market structure and institutions, and mortgage-backed securities.
Prerequisites: FIN 340 with a grade of C or better, junior standing, advanced standing
RE 614 – Real Estate Valuation and Appraisal
Provides in-depth coverage of factors affecting the value of a parcel of real estate, as well as the techniques used by licensed appraisers to estimate the value of residential and commercial properties. The material covered in this class provides an introduction to the appraisal industry and is of use to anyone working in fields related to real estate, including bankers, investment analysts, developers, brokers, corporate real estate specialists and others. Prerequisite(s): RE 310. Pre- or corequisite(s): FIN 340.
Prerequisite: RE 310.
Pre- or corequisite: Fin 340
RE 618 – Real Estate Investment Analysis
Cross-listed as FIN 618. Covers the tools and techniques used to evaluate the financial profitability of real estate investments, as well as real estate decisions affecting businesses. Students learn about pro forma and discounted cash flow analysis of real estate, the effects of leverage on real estate investments, federal tax treatment of real estate investments, and disposition and renovation decisions. In addition, topics such as lease-versus-own analysis, sale-leasebacks and other corporate real estate issues are discussed. Prior enrollment in RE 310 recommended for students with a declared emphasis in real estate.
Prerequisites: FIN 340 with a grade of C or better, junior standing, advanced standing
RE 619 – Urban Land Development
A hands-on course focusing on the challenges and opportunities associated with real estate development projects. Class time is devoted to analyses of actual development projects, with numerous guest lecturers and field trips. Topics covered include market and feasibility analysis, site selection, development financing, ownership structures and marketing strategies. (Note: non Barton School students do not need special permission to enroll in this course.)
Prerequisites: Junior standing and RE 310, or admission into either the Master of Public Administration or Master of Business Administration program; students with a declared emphasis in real estate are strongly recommended to take as many other real estate classes as possible before taking RE 619.
RE 709 – Urban Economics
Cross-listed as ECON 709 and PADM 709. Surveys the economic structure and problems of urban areas on both the microeconomic and macroeconomic levels. Stresses the application of regional economic analysis in the study of urban areas as economic regions.
Prerequisites: ECON 201, 202, junior standing.