Minor in Real Estate

The Minor in Real Estate introduces the essential knowledge and skills for entry level positions and careers in the real estate industry. Students can complete the minor requirements (five courses) during the Fall and, or Spring semesters, or through an intensive, 12-week Summer program (see below for the Summer Minor). The coursework includes the following:

  • SRED 2010 Introduction to Real Estate
  • SRED 2020 Real Estate Transactions
  • SRED 2030 Real Estate Finance
  • SRED 2040 Fundamentals of Real Estate Development
  • SRED 4xxx Elective

No prior coursework is required to start taking courses in real estate.

Real world knowledge and practical skills!

Summer Minor

For students interested in coursework over the summer term, we offer an intensive, 12-week Real Estate Summer Minor. This is the same five courses required to obtain a Minor in Real Estate. During the summer, students take the following coursework:

  • SRED 2010 Introduction to Real Estate
  • SRED 2020 Real Estate Transactions
  • SRED 2030 Real Estate Finance
  • SRED 2040 Fundamentals of Real Estate Development
  • SRED 4515 Sustainable Urban Development (elective)

The summer schedule starts with a 2-week Maymester for SRED 2010. Then, students take two consecutive 5-week terms starting with SRED 2020 and 2030, then SRED 2040 and SRED 4515.

Summer classes are offered as virtual courses.

Students are also allowed to register for one or more classes during the summer term, combining coursework with other Fall and Spring courses, towards the Minor in Real Estate.

Tuition for the Real Estate Summer Minor is $3,000 per course. Students who wish to enroll for summer courses should follow the registration timeline provided by the university. For most students, the summer course registration window starts in early April.

If you have questions or to register for courses in the Minor in Real Estate, or Real Estate Summer Minor, please feel free to contact Associate Director John Huppi (jhuppi@tulane.edu).

Degree Information

Suggested Plan of Study (PDF, txt).

SRED Major/Minor Declaration Form (PDF).

Summer Term Information

When and where will the Real Estate Minor Summer Institute be held?

The Real Estate Minor Summer Institute takes place in the Tulane School of Architecture. Each summer, the program runs for 12-weeks, starting during the 2-week Maymester, and continuing during the two consecutive 5-week summer terms. All classes are scheduled MTWRF, except university holidays. Classes are scheduled during the morning (9-10:30am) and late afternoon (1-2:30pm).

Can I take some courses this summer and complete my real estate minor next summer?

Yes. Students wishing to obtain a Minor in Real Estate in one summer must enroll in all five courses. However, students may also mix and match with other SRED courses taught during the Fall and Spring semesters either towards a Minor in Real Estate or a Bachelor of Science in Real Estate. The Real Estate Summer Minor is a popular option for students who 1) wish to pair their primary major with a Minor in Real Estate, and 2) wish to pursue a double major, go abroad, or are changing their majors as upperclassmen. In both situations, students benefit from earning credit during the summer semester.

Does the summer program have a final exam period similar to the regular school terms?

No. Final exams are taken during the last week of each session.

Will there be homework or outside reading?

Yes. Participants of the program are expected to complete assignments in-class and out-of-class. Students are also tested to ensure a solid grasp of the academic curriculum. Required textbooks are determined by each individual Professor and students will be notified of any required purchases prior to the start of the program.

Are there any pre-requisite courses?

There are no pre-requisites for SRED 2010 and 2020. However, students must complete SRED 2010 or SRED 2020 prior to taking SRED 2030. Students must also complete SRED 2030 prior to taking SRED 2040. Students should consult with the course catalogue regarding pre-requisites for SRED electives. For summer students, there is no pre-requisite for the SRED 4515 elective.

Where will I live while attending the program?

N/A. SRED courses are virtual during the summer term.

Course Descriptions

I. SRED - 2010 Introduction to Real Estate (3 credits)

This course is designed to provide students with the basic concepts related immovable property, including its economic and legal aspects and the development process. In addition, the course delves deeply into the unique mechanisms through which real estate has been used to perpetuate racism and resulted in serious inequalities that exist in the United States today. The course also includes a major group project called UrbanPlan. The goal of this project is for students to deeply engage in the complex nature of city-making and the decision process that leads to our built environment and learn from each other as they play specific roles in the development team.

II. SRED 2020 - Real Estate Transactions (3 credits)

This lecture course provides a foundational survey of the key actors, instruments, business models and laws shaping the purchasing, selling, leasing, devising, and development of real estate. The course is grounded in understanding the basic principles of contract and property law. Thereafter, these laws are understood within a variety of instruments ranging from deeds and leases to mortgages and UCC-1 financing statements. Beyond the mechanics of these instruments, students are exposed to a variety of closing and financing workflows and documentation associated with transacting residential and commercial properties. These processes will then be explored within the confines of due diligence, risk management and alternative dispute resolution techniques that are utilized to manage risk, uncertainty, and litigation liabilities. Beyond core transactions, students will be exposed to those laws, regulations and contracts that shape the development process within the public and private sectors. This will include a review of zoning and land use laws, fair housing and anti-discrimination laws, construction contracting, project delivery models, and public sector procurement, financing and subsidization. Through an understanding of the transactional and regulatory aspects of real estate, students are prepared for professional practices that must negotiate a variety of public and private interests.

III. SRED 2030 - Real Estate Finance (3 credits)

This course aims to introduce real estate market analysis and finance to students from different backgrounds. The course will start out simply by exploring single-family housing developments before moving on to more complex mixed-use developments. The degree to which the concepts of market analysis and finance are taught will be commensurate with the scale of each form of development. Students will learn how to conduct a fundamental market study and create a financial pro forma for transaction analysis in this course. Learning and performing real estate market analysis, understanding real estate finance fundamentals, and developing pro forma are among the topics that are covered in this course.

IV. SRED 2040 - Fundamentals of Real Estate Development (3 credits)

This is an introductory course that exposes students of all backgrounds to the fundamentals of real estate development. Through a hands-on case study, students will learn how to conduct a thorough due diligence analysis, including market research, financial projections, and building programming. Students will also learn how to prepare a deal package to be used for presenting to banks, investors, and other parties.

V. Approved SRED 4XXX Elective (3 credits)

For more information, contact John Huppi (jhuppi@tulane.edu).