American Real Estate Academy Review (Get All The Facts)


In order to get your real estate license in Massachusetts, you must complete 40 hours of required education. In this American Real Estate Academy review, we have covered all the ways they can help you achieve this. By reading this article, you can be armed with the knowledge you need to make the right educational decision.


UPDATED: March 2021

Our Overall Rating


Overview Of American Real Estate Academy

History

American Real Estate Academy was founded in 1972 by Theodore Vlachos. Since then, they have helped thousands of people realize their real estate dreams through a solid education. They have a dedication to their students and the industry that is unmatched in both quality and longevity.

Since they have been around for nearly 50 years, they are one of the oldest real estate schools in Massachusetts. This is the kind of staying power that many real estate schools just can’t boast of. Not all schools are able to continuously operate and offer a high quality education at the same time.

On top of being one of the longest running real estate schools, they are also one of the largest. This means that they have worked with a huge variety of students and have encountered many learning styles. People learn differently all over the country, and they understand the need to be flexible in their teaching style.

In their time in the industry, American Real Estate Academy has consistently tried to raise the standard. This means that they are always pushing for better techniques and higher quality curriculum. If you are interested in a real estate school that is always striving for more, they are a great choice.

Experience

Since American Real Estate Academy is one of the oldest schools in the country, they have a wealth of experience. As a student, you can benefit from this knowledge and implement it in your own career. Not every real estate school has the longevity to understand trends and the changing landscape of the industry.

American Real Estate Academy has been under the same management since the very beginning. Because of this, they have a solid administration that can offer a stable curriculum and a consistent philosophy. This is a fantastic feature if you want to work with a school that knows what it is doing.

In almost 50 years, they have seen all kinds of ups and downs in the market. The real estate market is incredibly volatile and can change at the drop of a hat. With so much experience in the business, American Real Estate Academy knows how to react to these peaks and valleys.

It can sometimes be difficult to find a real estate school that doesn’t have a fly-by-night feel. American Real Estate Academy is anything but that. With their five decades of teaching, they have been a bedrock of the Massachusetts real estate industry and education community.

Teaching Style

The teaching style at American Real Estate Academy is inclusive and open to all types of people. This is incredibly important for any type of educational institution, but especially real estate education. They understand that not every student will be coming from the same background or have the same skill sets.

With such an open-minded teaching style, they are able to impart information to all kinds of learners. Every student has an individual way that they absorb and retain information. American Real Estate Academy understands this and tries to direct their instructors to tailor the material to each student.

The teaching style at American Real Estate Academy is also incredibly positive and forward thinking. It can be discouraging to have an instructor who has a negative view of the industry. Instead, they keep a positive attitude since they have been at it for so long and understand the benefits.

Since they have been in business for so long, they are able to take their knowledge and make it fun. This can be one of the best things about a real estate school with such longevity. Their ability to turn education into a positive experience can make all the difference when it comes to retention.


In-Depth Look At American Real Estate Academy

American Real Estate Academy course options

Instructors

The instructors at American Real Estate Academy are very carefully selected. They have a standard that is incredibly high and every one of their instructors has to live up to it. This is a very important feature to look for in a real estate school, especially when taking classes online.

Since their instructor standard is so high, you can be assured that you are getting competent instruction. This is yet another result from their many years in the real estate education business. They know what to look for in instructors and can make careful choices to get the best for their students.

American Real Estate Academy subjects themselves to a testing service on a monthly basis. This testing service checks things like student satisfaction, instructor quality and curriculum standards. They score higher than the state average on this test month after month and continue to do so every year.

Because they go through this rigorous test every month, the instructors are able to adjust accordingly. This allows them to have a self awareness that not every real estate school is able to achieve. Because of this, you can be certain that your instructors are always working to give their best.

American Real Estate Academy Course Options

American Real Estate Academy offers three different ways to take their courses and complete your education. You can take in-person classes, streaming, webinar-style classes, or self-paced, online classes that can be taken on your own time. Depending on your schedule and life outside school, any one of these could work for you.

The in-person classes are the ones that American Real Estate Academy is most known for. There, you will get the benefit of the instructor’s experience in real time and face-to-face. Because of this, they might be a good option if you want to get the most from the instructor.

You can also take the online, streaming webinar classes. These give you the benefit of an instructor and other students without having to commit to a commute or travel. They can also be taken on a rotating basis, which is perfect for students getting their license on the side.

The third option is the completely web-based and self guided courses. These are delivered in the form of videos and PDFs that are done at the student’s convenience. If you are an incredibly busy person with many outside commitments, this could be a great choice for you.

Student Resources

Some of the student resources available at American Real Estate Academy can be incredibly helpful. These include things like practice exams and ebooks related to the material as well as your career. The practice exams can be especially helpful if you are a particularly nervous test taker.

However, they do not have some of the networking opportunities that other real estate schools have. These networking events can be integral for some people in order to make the connections needed in the business. Since they do not offer them, you will have to make your own connections elsewhere.

The lack of networking events and career resources could be a major downside for some. Real estate is a very relationship-based industry and not everyone has the access to nurture them. Because of this, if you don’t already have a foot in the door, you may want to look elsewhere.


American Real Estate Academy Pricing

cost of the program

In the grand scheme of real estate education, American Real Estate Academy is very affordable. One of the major downsides of getting an education in general is the cost of entry. A four year college can be very expensive, and that can prevent some people from even trying.

However, American Real Estate Academy does not have this issue. Their fees are a one-time obligation and are generally fairly low for such a comprehensive educational experience. Because of this, they are much more accessible to all kinds of students.

In-Person Courses

The in-person classes at American Real Estate Academy come in at just under $400. This includes all 40 hours of the required education by the state of Massachusetts. This will satisfy those requirements as well as get you prepared for the state real estate exam.

This fee includes things like practice exams, a course outline and Real Estate terms and definitions. They will also include quizzes that are specific to relevant topics. These quizzes equal about 400 exam prep questions that will help get you ready for the licensing exam.

The in-person classes also give you the benefit of the instructors in-person. This is one of the most important features and the one you stand to benefit the most from. Their experience and motivational, positive attitude could make all the difference for the right person. Because of this, it could be worth the money and travel time to take classes in-person.

American Real Estate Academy Online Courses

American Real Estate Academy offers two options for taking classes online: webinar-style and on-demand, self-guided. Depending on the type of learner you are, you may benefit from one much more than the other. Because of this, it is best to know how you learn best before choosing one of these options.

Both types of online courses are the same price. At just under $250, they are extremely affordable and accessible to people from all kinds of backgrounds. No matter what your socio-economic status is, you can afford to get your real estate education.

However, the online courses won’t work for everybody. Some people thrive on a self-motivated and self-guided style of education. If this is not the way you learn, you may be better off taking the in-person classes from a real-life instructor.

Although, if you are someone who has a lot going on in your life, online courses might work for you. The self-paced courses can be taken whenever you have time and whenever you are available. Because of this, they make real estate education available to all kinds of people.


Pros And Cons Of Using American Real Estate Academy

Pros

  • Longevity – The sheer length of time that American Real Estate Academy has been in business is incredible. Many real estate schools come and go and this can be an issue with trade schools in many industries. However, the face that they have been working for so long says a lot about their system.
  • Price – The price of both the online courses and in-person courses is very affordable. They understand that not everybody has access to the funds it can take to get an education. Because they keep their costs low, you can benefit from their experience no matter how much money you have.
  • Positive Attitude – Many former students have reported that they felt their instructors were extremely positive. Because of this, they also felt good about their future as a real estate agent. If you are looking for a school that believes in what they do, they could be a good option for you.

Cons

  • No Pass or No Pay Guarantee – A lot of real estate schools offer a pass or no pay guarantee. This guarantee means that no matter what, if they don’t pass the class, they don’t pay tuition. American Real Estate Academy does not offer this guarantee to their students. Some schools like Real Estate Express do have an amazing pass guarantee.
  • Not Many Student Resources – The lack of networking opportunities and other events could be a problem for some students. Real estate is based on relationships and without the opportunity to foster them, some students could be lost. If you do not already have connections in the business, they might not be your best choice.
  • No Extra Exam Prep – Many real estate schools offer an extra exam prep component that can be purchased separately. American Real Estate Academy does not offer this, and instead tries to include it in the regular curriculum. If you feel that you could use this extra help on the exam, you may want to look elsewhere.

Conclusion And Verdict

For the most part, former students of American Real Estate Academy felt they had a good experience. They felt like their instructors were passionate and humorous, and that they were able to retain a lot. Because of this, most former students recommend them to other people who are thinking of getting licensed.

Many students also felt that the classes had a “crash course” type of feel. This means that there is a lot of information to take in at once. However, they also felt like the instructors did a good job of parsing out the curriculum and getting everyone up-to-speed.

If you want a real estate school that has been working in the market a long time, they’re a great choice. American Real Estate Academy has five decades of experience in Massachusetts and can pass that wisdom on to you. This makes them a great choice if you want to be connected to the community you work in.

We would recommend Real Estate Express if you want a real estate school that offers the most for your money and offers a passing guarantee.

Hopefully, by reading this American Real Estate Academy review, you understand the entire education process. Knowing everything you can about a real estate school before enrolling is an important step. Now, you can move forward with your required education hours armed with that knowledge.



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