- The partnership is the first of its kind in the nation between a state REALTOR organization and a HBCU.
- Alabama State University students will receive a microcredential in real estate.
- The curriculum will cover all facets of real estate from lending and appraisal to building and insurance.
A relationship between the Alabama Association of REALTORS® (AAR) and Alabama State University (ASU); was made public on Wednesday. The two organisations hope to increase educational options for ASU students; by offering a microcredential in real estate; that covers all facets of the sector. This collaboration between a state REALTOR® organisation and a historically Black college or university; is the first of its type in the country (HBCU).
A five-year funding commitment from Alabama REALTORS® will support the creation; and support execution of the ASU/AAR initiative. The course material will cover every aspect of real estate; including financing, appraising, building, insurance, and other related subjects.
Jeremy Walker, chief executive officer of Alabama REALTORS® said, “the program’s objectives; are to give students a thorough understanding of the real estate industry as a whole; empower students with the knowledge to pursue careers in real estate-related fields; and instill the value of homeownership.” “Together, we can fight to decrease the wealth gap in Alabama; encourage minority homeownership, and enhance diversity in real estate-related areas.”
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Wes Grant, president of Alabama REALTORS®, remarked, “We are thrilled to be a part of this revolutionary programme; that will present endless opportunities for children.” “We hope the students will leave with skills they can apply; in many facets of life, not just in their employment;” says the statement about the hands-on experience and homeownership outreach.
ASU President Dr. Quinton Ross, Drs. Tanjula Petty, Carl Pettis, Kamal Hingorani, ASU Board Trustee Delbert Madison; and Tiffany McCord, as well as Chief Executive Officer Jeremy Walker, President Wes Grant; and Associate Counsel Katie Richard from Alabama REALTORS®, were present; for the announcement and signing of the Memorandum of Understanding.
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