Real Estate

  • Lisa Chambers
  • 303.492.4194
  • Koelbel S350H

Undergraduate Advising

  • 303.492.4418
  • Koelbel S220
  • “The level of knowledge and maturity of graduates from this program exceeded my expectations. They came to my company with solid skills and a strong work ethic and have performed exceptionally well in a setting that requires multitasking on a regular basis. I will always look to the CU Real Estate Center for future employees.”
  • Susan Powers
    Urban Ventures, LLC

  • “The Real Estate Certificate program is an excellent bridge between school and the real world. It has been an enormous help in the job hunt and has made me more comfortable about my skill set when I do enter the work force.”
  • Alex Johnson
    Graduated 2013



The undergraduate real estate certificate program is open to current Leeds students only. The certificate program consists of a total of 18 credit hours of course work, including an academic internship (download the list of required courses here and the list of elective courses here). Students who successfully complete all the course and internship requirements will be awarded a Real Estate Certificate and transcript designation.

The certificate program is designed to give students a thorough, multidisciplinary understanding of real estate. It prepares students for a real estate career by providing a solid foundation in capital markets, developing students' decision-making skills, and framing real-world challenges in a multidisciplinary context. Additionally, completion of the certificate satisfies the course work requirement necessary to obtain a broker's license in the state of Colorado.

Contact Lisa Chambers for more information.

Undergraduate Video

Getting Started

If you are interested in completing the Real Estate Certificate, please fill out the certificate intent form and e-mail it to

Colorado Real Estate Broker License

The CU Real Estate Certificate is not the same as a broker license. Here are the procedures to get a Colorado broker license:

1. Once you complete the certificate program, you will need to submit your transcript (unofficial is fine) to

2. Many students find it helpful to take a crash course before they sit for the broker exam. You should have gained the most knowledge you need for the test in all of your courses at CU-Boulder, but this crash course will help you specifically pass the exam. Many entities offer these types of crash courses. Kaplan and the American Real Estate College are both schools that students have used in the past. A complete list of schools that offer these courses, in addition to pass rates for each school, are available on the State of Colorado Real Estate's website.

3. You must register to take the exam. Contact Promissor at 808.274.0828. A company representative will help you find an exam site and a time that is preferable for you. We recommend you call two weeks prior to your desired exam date.

4. Once you have taken the exam and passed, you are ready to submit your application for your license. The Colorado Division of Real Estate lists the applications to chose from. You want to apply for the Colorado Real Estate Broker License. The directions for submitting this application are available on the Commission's website. You will need to submit an application fee, a fingerprint card, proof of education (your official transcript listing completion of the real estate certificate), your exam score report, and a certificate of license history. All of this information is listed in detail in the license application directions. You need to be employed or sponsored by a broker firm for two years before you can become an independent broker.


The CU Real Estate Club is an undergraduate student organization at the Leeds School of Business. Our membership is made up of students across all four years, and all majors of study throughout CU, who share an interest in real estate.

The Real Estate Club is dedicated to providing our members with a solid foundation of which to express and share their passion for real estate with other like-minded students. We hope to serve as a platform for students to become more involved with the local real estate community, thereby furthering their interests, growing their knowledge, and enhancing their potential. We provide networking opportunities, educational events, and career development activities. If you share an interest in real estate, we hope to see you at one of the upcoming meetings.

Key Aspects

  • Host a number of speakers on Tuesday evenings throughout the academic year that will allow the members to gain knowledge of the various elements of the real estate industry.
  • Visit sites of current real estate developments, completed projects, and construction sites to provide our members with a first-hand look into the real estate world
  • Provide service back to the community with an annual Habitat for Humanity volunteer day.
  • Develop and maintain a relationship with the real estate companies present in the Boulder community, and, by doing so, gain valuable networking contacts within the field.
  • Provide our members with an insight into the industry related education available at CU to help each member tailor their CU education to help best prepare them for their career.

Calendar for 2016-2017

Meetings are from 6:30pm-7:45pm in Koelbel 300 on the following dates for the fall semester:

  • August 30
  • September 13
  • September 27
  • October 11
  • October 25
  • (Pizza is served at 6:30pm and the program begins at 6:45)

    Additionally, the CU Real Estate Club will be participating in a Habitat for Humanity volunteer day build on october 28th 7:00am-5:00pm. Please contact a CUREC leader if you are interested in participating.


    • Co-President: Senior Sam Nourafshan,
    • Co-President: Senior Jim Presley,
    • Program Coordinator: Senior Katya Golynko,
    • Program Coordinator: Junior Alex Schott,
    • Club Advisor: Lisa Chambers,


    USC International Undergraduate Case Competition

    Since 2005, the Marshall School at the University of Southern California has been hosting an international undergraduate student case competition. On a Monday in the third week of April student teams receive the competition case study. Students have three days to analyze the case, summarize their analysis in a written report, and prepare a presentation. Students travel to Los Angeles on Thursday of the competition week. On Friday, students present their analysis to a panel of real estate industry professionals.

    The Leeds real estate student team competing in the 2014 competition, placing 2nd consisted of (pictured left to right) Tripp Howell, Abby Vollmer, Jack Krowl, Leah Canfield, Joe Faller and Drew Thomas.

    The schools competing in this year’s competition included CU-Boulder, University of Auckland, USC, Texas, University of Singapore, Wisconsin, Wharton, NYU, and Ohio State.


    REAL 3000: Real Estate Principles

    The course provides an introduction to real estate as (1) an asset with associated property rights and obligations, (2) an industry and profession, and (3) an investment. The course covers a broad spectrum of real estate principles and terms including legal concepts, regulation and land use, valuation,brokerage, contracting and closing, financing methods and sources, and investment analysis. This course is an excellent elective for all students by providing practical and important material relevant to the students’ personal and professional lives and also provides the foundation for other real estate courses at Leeds.


    REAL 4000: Real Estate Law

    The course covers a broad sampling of laws and practices impacting and governing real property rights and interests including the nature, ownership, possession, use, encumbrance and conveyance of real property.


    REAL 4100: Real Estate Finance and Investments

    The primary objectives of this course are to: (1) understand home mortgages and commercial real estate financing; (2) conduct income property investment analyses; (3) develop the technical competence necessary to structure real estate transactions; and (4) understand the financial assets securitized by real estate. The student will analyze the financing of properties using Excel. Techniques for structuring real estate transactions examined in this course include lender participations, sale-leasebacks, joint ventures, and real estate syndications.

    The secondary market for mortgages and mortgage backed securities (MBSs) will be examined in some detail. Topics covered include a survey of the private and public institutions that participate in the secondary mortgage market; pooling mortgages to create a MBS; and pricing MBSs. The course will examine both residential mortgage-backed securities (RMBSs) and commercial mortgage backed securities (CMBSs). The homogeneity of the mortgage pool, prepayment risk, and default risk are examined in some detail. The course will also examine real estate investment trusts (REITs) and returns to real estate investments.


    REAL 4810: Academic Internship

    The course is designed to complement the internship experience of the students. The class will focus on (1) sharing the experiences of the students in their respective internships, (2) exploring career opportunities in the real estate industry, (3) exploring special topics in the real estate industry including diversity and ethics, and (4) assisting students with obtaining employment including cover letter and resume review and presentation/interviewing skills.


    REAL 4820: Real Estate Development

    One of the primary purposes of the class is to teach students the fundamental analytical tools used by real estate developers. Thi will be done through lecture, demonstration and assignments that give students a chance to apply what they have learned in case studies.


    Asset Management Seminar

    This lecture series is offered to undergraduate students enrolled in REAL 4810: Academic Internship. The series takes place over the course of seven Tuesdays in the spring semester.


    LEED Accreditation

    In partnership with the U.S. Green Building Council Colorado Chapter, the CU Real Estate Center offers students a unique opportunity to prepare for and take the Leadership in Energy and Environmental Design, or LEED, Green Associate exam.

    We're serious about sustainable real estate development practices. So are our students. Regardless of the role our students take in the broader real estate industry, becoming LEED certified is a significant plus for our graduates and speaks to their commitment to sustainable practices.

    ARGUS-DCF® Certification

    ARGUS-DCF® is a widely used income property investment/valuation real estate software package. We are proud to offer the ARGUS-DCF® Certification class to our MBAs, undergraduates, and members of the CUREC community. According to ARGUS®, our high pass rates are unprecedented among ARGUS-DCF® Certification classes offered by either ARGUS or other universities.

    Prerequisite: Undergraduate students must have completed or are currently be enrolled in REAL 4100: Real Estate Finance and Investments or have obtained instructor permission.