A new marker for the continued stabilization and re-growth of the Las Vegas real estate industry is in the number of students attending pre-licensing courses becoming licensed Nevada REALTORs. Prudential Americana Group, Nevada’s largest Prudential franchise, reports consistently increasing enrollment at its Americana Real Estate Academy pre-licensing school.
According to the Nevada Department of Business and Industry, which tracks the pass rate of the Nevada Real Estate licensing exam, 791 individuals passed the salesperson and broker-salesperson exams from January through July of 2011. During that same period in 2012, 971 have passed the exam, an increase of more than 22 percent since last year. (Jan-July 2011=623 salesperson, 168 broker-salesperson. Jan-July 2012= 759 salesperson, 158 broker-salesperson)
Prudential Americana Group offers a four-week pre-licensing class that teaches real estate principles, practices and law. Its instructors are practicing Nevada brokers/agents and Prudential management representatives Michelle Casolari and Aldo Martinez. The 18-session courses are offered at Prudential’s corporate office on Pebble Road and Summerlin office on Town Center. The courses are designed to help prospective REALTORS prepare for the Nevada State Real Estate exam.
“A year ago, we averaged 10-15 people per course, and are now averaging 30 or more people for each session, said Casolari, who manages the curriculum for Americana Real Estate Academy. “This is by far the highest average attendance we have had in the past two years. Our pre-licensing course is rigorous, requiring student to participate in 18 five-hour sessions, so the students that attend are committed to new careers in real estate. Nearly every one of our pre-licensing students goes on to take the state exam and their pass rate is currently 97 percent.” Americana Real Estate Academy’s course is also available as a home study program.
According to Casolari, all types of individuals are looking to develop new careers in real estate, from those that are unemployed to those looking for a career change. “We also have seen an increase in those that were previously licensed and are looking to re-start their real estate careers.”
Casolari cited the relatively low up-front costs to starting a career in real estate, combined with the Las Vegas real estate market’s recent stabilization, for the recent boom at Americana Real Estate Academy. “Our pre-licensing course is offered for $399, with scholarships available and tuition reimbursement if students decide to work with Prudential Americana Group after obtaining their license,” she said. “With other business and licensing expenses, the cost to start your own real estate career is generally less than $1,500. It is a business for which success and earning potential are based on the individual and how much effort he or she puts into it. Everyone needs shelter, so real estate will always be a good choice for a business in Las Vegas!”
For more information on the Americana Real Estate Academy call 702-796-7777. The next course is scheduled to begin on September 10 and runs through October 3, 2012.
This year Americana Holdings LLC was ranked #20 in RIS Media’s 24th Annual Power Broker Survey of the country’s top 300 real estate companies. In 2012 the company was also named a “Best Place To Work” in Southern Nevada by Vegas Inc magazine.
With operations in Arizona and Nevada, Prudential Americana Group’s parent company, Americana Holdings LLC, is the sixth largest Prudential franchise in North America. In 2011, it achieved a record-breaking year with $2.2 billion in sales. Combined, it has 21 offices and 2,000 real estate sales executives between the two states. The award-winning company is home to some of the country’s top-selling real estate executives and teams and has been recognized by JD Power and Associates multiple times for its commitment to customer service.
Through its real estate brands, Prudential Real Estate has nearly 80,000 real estate professionals in more than 2,800 locations across North America. Its global footprint spans North America, the United Kingdom, France, China, Singapore, India, Brazil and Australia, and includes more than 2,500 employees worldwide. It is a division of Brookfield Asset Management, a global asset manager with approximately $150 billion of assets under management.