California mentorship program gives aspiring realtors practical training

Cindi Cereceres, SAR mentor and Internship Committee Chair,
Cindi Cereceres, SAR mentor and Internship Committee Chair,
0Comments

Mentorship programs are playing a growing role in real estate education, according to recent developments involving the Sacramento Association of Realtors (SAR) and Los Rios Community College District. Their joint mentorship initiative at Cosumnes River College is providing students with practical experience that extends beyond traditional coursework.

The program aims to prepare aspiring real estate professionals by pairing them with experienced mentors. Cindi Cereceres, SAR mentor and Internship Committee Chair, said, “The SAR and Los Rios Community College District’s mentorship program is a great way for students to get real-life experience by learning alongside an experienced mentor. It really helps them feel ready to hit the ground running once they get their license and join a brokerage. One of the first and continuing things I teach my students is the importance of being ethical. To me, that’s the most important part of this business.”

Pat Butler, Real Estate and Business Professor at Cosumnes River College, highlighted the benefits for both students and the industry: “The Internship in Real Estate program offers a supervised, structured, hands-on exposure to real estate sales, while providing some of the fundamental skills and knowledge needed to launch a successful real estate career. Upon completing the program, interns have had an inside look into the business of real estate and are better able to decide whether this is the right choice for them, and if so, have a head start as they begin a career in the field. The benefits are not limited to the intern; the real estate industry also benefits from the increased level of experience, knowledge, and professionalism possessed by these interns when they become real estate licensees.”

Students enrolled in this mentorship must complete 108 internship hours along with 18 hours of classroom meetings during one semester. Successful participants earn three units of college credit. The course also satisfies California Department of Real Estate requirements for licensing exams as either a substitute for Real Estate Practice or as an elective.

Esther Kennedy, who participated in the January 2024 SAR mentorship program as a student at Cosumnes River College, shared her perspective: “The relationships I developed during that season still exist today with both students and mentors. I am on a fantastic and supportive team and closed my first deal in 6 months. This success can only be attributed to the program and the incredible mentorship I received.”

The California Department of Real Estate encourages licensees to take part in such opportunities to support new entrants into the profession. DRE Assistant Commissioner of Licensing Jeff Oboyski stated: “The collaboration between SAR and the Los Rios Community College District to ensure students are most prepared for future careers in real estate is invaluable and certainly aligns with the Department of Real Estate’s (DRE) consumer protection mandate. Licensees are critical to the success of these programs, and we applaud those who are willing to volunteer their time with those just beginning their journey in the real estate profession.”



Related

Amir Korangy, Founder & Publisher at The Real Deal San Francisco

Brookfield acquires Sunnyvale data center for $90 million as AI demand grows

Brookfield Properties has acquired a major Sunnyvale data center from DivcoWest for over $90 million amid rising demand driven by artificial intelligence growth. The deal reflects broader trends as developers shift focus toward expanding digital infrastructure across Silicon Valley.

Barbara Lee, Mayor of the City of Oakland

Oakland mayor releases mid-cycle budget and Measure E spending plan

Oakland Mayor Barbara Lee has released her first mid-cycle budget proposal along with plans for possible Measure E revenues if approved by voters. The proposal addresses ongoing financial constraints while aiming to maintain key city services without layoffs.

Amir Korangy, Founder & Publisher at The Real Deal San Francisco

Pegasus and Fore Enterprise announce AI joint venture for commercial real estate tasks

Pegasus has partnered with artificial intelligence firm Fore Enterprise on an initiative called Fore Real aimed at automating core commercial real estate functions such as lease abstraction and property tax appeals. Executives say their combined expertise allows high accuracy while maintaining necessary human oversight.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Oakland Business Daily.