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The Certificate in Real Estate is comprised of nine required courses and seven elective courses providing a comprehensive understanding of the industry and a basis for strong career growth in real estate. Students can concentrate in specific industry areas such as finance and investment, sales and brokerage, development and management, appraisal or housing and nonprofit development. Total certificate program tuition is $5,150 and a $50 application fee.

Most of the 22.5-hour courses (required) and 11.25-hour courses (electives) are New York State certified as continuing education units in real estate. The 78-hour New York State Salesperson’s Pre-Licensure Course is included as a required course for those who are not already licensed.

Those wishing to take individual courses may do so without entering the certificate program. Costs are $295 for the 78-hour Salesperson’s Pre-Licensure course, $465 for the Brokers course, $495-$595 for the 30- to 40-hour Appraisal courses, $295 for all 15-hour Appraisal courses, $395 for the ARGUS course, $465 for all 22.5-hour continuing education courses and $275 for all 11.25-hour continuing education courses.

Those enrolled in the certificate program may choose among a variety of concentrations, including real estate finance and investment, residential real estate, housing and nonprofit redevelopment or sales and brokerage. Joint programs in real estate appraisal and real estate and urban planning are also available, and a program in construction management for real estate professionals is now under development.

For real estate career and education evenings, please see Events/Conferences for details.

Registrations are processed by the Baruch College Division of Continuing and Professional Studies system.

Course Description Hours

New Courses


NCPEL45 Real Estate Workouts 11.25 hours
NCPEL47 Co-ops and Condos: Legal and Administrative Issues 11.25 hours
NCPSPS1 The RFP Process (at the CUNY School of Professional Studies)

Required Courses


NCP1000 An Overview of the Real Estate Profession 22.5 hours
NCP2000 Urban Land Economics (formerly Changing Dynamics of Real Estate: NY Metro 1) 22.5 hours
NCP3000 Appraisal Principles 22.5 hours
NCP4000 Real Estate Finance I 22.5 hours
NCP5000 Real Estate Finance II 22.5 hours
NCP6000 Real Estate Sales (NYS Salesperson’s Pre-Licensure Course) 78 hours
NCP7000 Real Estate Law 22.5 hours
NCP8000 Market Analysis 22.5 hours
NCP9000 Real Estate Development 22.5 hours

Appraisal Courses


NCPR1 Basic Appraisal Principles 30 hours
NCPR2 Basic Appraisal Procedures 30 hours
NCPAR3 Residential Case Study 39 hours
NCPAPG1 Basic Income Capitalization 39 hours
NCPAPG2 Appraisal - General Applications
NCPAG2 Advanced Income Capitalization 40 hours
NCPAPG3 Appraisal - Advanced Applications
NCPAPS1 Appraisal Standards 15 hours
NCPAQ1 Fair Housing, Fair Lending and Environmental Issues (Appraiser Qualification- AQ1) 15 hours
NCPA520 Highest & Best Use and Market Analysis
NCPA530Advanced Sales Comparison and Cost Approaches40 hours

Construction Management


NCCP1000 Introduction to Construction Management 22.5 hours
NCCP2000 Construction Methods and Technology 22.5 hours
NCCP5000 Cost Estimating and Control for Construction 22.5 hours

Urban Planning


NHCP2300 Planning Issues in Real Estate 22.5 hours
NHCPEL43 The Management of Affordable Residential Property 11.25 hours
NHCPEL44 The Architect/Planner as Developer 11.25 hours
NHCPEL45 Tax Credit for Affordable Housing 11.25 hours
NHCPEL59 Challenges Facing New York Community Development 11.25 hours
NHCPEL60 The Design of Housing: Part I 11.25 hours

Elective Courses


NCPEL01 Real Estate Brokers 48 hours
NCPEL05 ARGUS Real Estate Financial Analysis Software 11.25 hours
NCPEL07 Selling Residential Co-ops and Condos 11.25 hours
NCPEL08 Originating and Underwriting Residential Mortgages 11.25 hours
NCPEL09 Real Estate Investment Trusts (REITs) 11.25 hours
NCPEL10 Negotiating Commercial Leases 11.25 hours
NCPEL11 Basic Real Estate Investment 11.25 hours
NCPEL14 Affordable Housing and Nonprofit Development 22.5 hours
NCPEL14/20Developing New York’s Brownfields for Communities 11.25 hours
NCPEL15 Real Estate Title Closing 14 hours
NCPEL16 Introduction to Sustainability and High Performance Buildings 11.25 hours
NCPEL17 Zoning and Land Use in NYC 11.25 hours
NCPEL18 Corporate Real Estate Management 22.5 hours
NCPEL19 Senior Housing 11.25 hours
NCPEL20 Environmental and Planning Issues in Real Estate 11.25 hours
NCPEL21 Advanced Real Estate Capital Markets 11.25 hours
NCPEL22 Introduction to International Real Estate 11.25 hours
NCPEL24 Introduction to Design and Construction in New York 22.5 hours
NCPEL25 Retail Real Estate 11.25 hours
NCPEL26 Managing a Residential Brokerage in New York 11.25 hours
NCPEL27 Dealing with Distressed Properties 11.25 hours
NCPEL28 Real Estate Transaction 22.5 hours
NCPEL29 Property Management 22.5 hours
NCPEL30 Landlord-Tenant Relations and Law 11.25 hours
NCPEL31Real Estate Continuing Professional Education22.5 hours
NCPEL32 Real Estate Tax Accounting 11.25 hours
NCPEL33 Neighborhood Planning Seminar 11.25 hours
NCPEL40 Advanced Development Seminar 11.25 hours
NCPEL43 Tax-Free Real Estate Exchanges 11.25 hours
NCPEL94 Introduction to Financial Calculator 3 hours
NCPEL95A Real Estate Writing I 11.25 hours
NCPEL95B Real Estate Writing II 11.25 hours
NCPEL15A Notary Public Training 7 hours

Course Cancellation Policy
The Steven L. Newman Real Estate Institute and Baruch College Division of Continuing and Professional Studies maintains the right to cancel courses, adjust curricula and class hours, close facilities, substitute instructors, change class locations or limit enrollment. In the event that a course must be cancelled, each student may transfer to another course or section with tuition adjustment, receive a credit or a full refund.

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