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Building Blocks - Committed to Four Goals
We Are Committed To

To Provide Quality, Competent Coaching for Our Students


All instructors are required to be licensed and active in the business. Instructors are available by phone and email for study support for all students and all programs.


To Provide the Most Accurate, Updated Materials


All material is updated each year (sometimes multiple times) to capture any new contract and statutory changes which affect real estate laws and practice.


To Provide the Most User-Friendly Real Estate Course on the Market


The material is developed in a step-by-step format that allows even the most undisciplined student the ability to easily navigate and complete the material.


To Remain Committed to Our Student's Success After They Pass the Exam


We strive to maintain an ongoing dialogue with our students to provide assistance and coaching after they pass the real estate examination.


Meet Our Team

Tim Cooney


Tim is the managing broker for EXIT Realty Home and Ranch in Durango, Colorado.  He has been a Real Estate Broker for 40 years, a 1031 Exchange Specialist for over 25, and an accountant for 47 years.  He has also served on the Real Estate Commission's Forms Committee.

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Stacey Lehner


Stacey has been living and working in the Pikes Peak region since 2000. She has served families, investors, first-time home buyers, and holds the (SRES) Senior Real Estate Specialist and the (ABR) Accredited Buyer Rep. designations. Staceys mission is to provide her real estate clients with an exceptional experience, holding their goals as her top priority.  

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Melissa Lewis

Elizabeth Diem

Barbara Diem

Office Administration,

Student Care Specialist

There is no one on the planet better at taking care of our students and their needs than Melissa. From enrollment to completion our students tell us how much they feel valued and cared for by her.

Vice President, COO

Elizabeth has been the backbone of the schools success over the past 10 years.  Her gentle and kind personality is a perfect fit in helping our students navigate their complete enrollment and education process.

Graphic Design

Barbara has been a graphic designer for 10 years.  She works with the college's promotional, graphic design  and website projects.  

Aaron Diem

President, CEO

Aaron has been a practicing real estate broker in Colorado since 1987.  Through his long career he has served in many capacities, but Aaron's greatest passion is education.  It is because of that passion that he works tirelessly to provide an exceptional level of real estate education for people striving to obtain their real estate license.

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Liz Bowen


Liz has been a REALTOR since 2004, specializing in residential real estate in Colorado Springs and all of El Paso County. 

As the Employing Broker/Owner of Red Bow Realty, Liz encourages company agents to be excellent stewards of our industry, make education a priority, and always put the client first.  She is a Master Certified Negotiation Expert (MCNE),  a Pricing Strategy Advisor (PSA), a Divorce Specialist (REDS), a past-president of the Women's Council of REALTORS and a Director with the Pikes Peak Association of REALTORS.  Liz also owns Liz Bowen Real Estate Coaching for new agents.


Darcy Ciambello


Darcy, a Boston-born-and-raised mom of four boys, has a deep love for both real estate and teaching.  She has been teaching real estate since 2005, and was awarded the coveted, nationally recognized Golden Apple Award for exceptional achievement in student satisfaction.  Her energy and charisma is infectious with her students who know their success is her #1 goal.  


School Policies

  • Enrollment Procedures
    Registration for correspondence courses may be done in person, by telephone, mail, or online. Attendance at a scheduled classroom program does require pre-registration. An Enrollment Agreement will be completed and tuition paid prior to beginning a course.
  • Payment of Tuition
    Tuition and material fees may be paid in advance or are due and payable on the first course date. On request, a student may split payment into two payments based on the course schedule for which the student enrolls. Each payment is due as scheduled. The College charges a nominal handling fee. Promissory notes are not solicited or accepted. Authenticated VISA. Discover, Mastercard and American Express are accepted. Upon request, the College will invoice a party designated by the student provided; however, the student shall continue to be the primary party responsible for timely tuition payments. Under the Private Occupational Education Act of 1981, the College may and will withhold any earned certification of successful completion until all tuition or material charges are paid in full.
  • Entrance Requirements
    There are no prerequisites for enrolling with the College in the pre-licensing program or in continuing education courses, and there are no age requirements affecting admission to the College. However, the Colorado Real Estate Commission cannot issue a real estate license to anyone under the age of 18. The College does not guarantee that a student accepted for enrollment will be permitted to take the state licensing examination or if successful in passing the state exam, that a license will be issued. Prospective students should consult the appropriate regulatory agency regarding any question about eligibility for licensing.
  • Calendar
    Correspondence students may enroll at any time. Scheduled classroom programs are posted with Realtor® associations, online, and in the school's catalog available to prospective students. These are available upon request and on the school website. Instructors are available during normal business hours Monday through Friday. When an unexpected closure occurs due to extraordinary conditions such as inclement weather, students will be notified as soon as possible by phone, email and/or radio, and/or TV who provide closure information as a public service. The College does observe the following holidays: New Year's Day, Easter, Passover, Memorial Day, July 4th, Labor Day, Rosh Hashanah, Yom Kippur, Thanksgiving and Christmas. Review sessions are available by appointment. Please contact the school to schedule.
  • Attendance
    The number of hours to be eligible to sit for the State exam is established by law; therefore, no absence is considered excused for any classroom sessions. Students are expected to arrive on time for class with proper materials. If a class is missed, the student will be required to complete the missed section online and turn in all respective quizzes and exams for that missed class prior to receiving the certificate of completion for that particular class. Students who are unable to continue classes for medical reasons or severe or personal problems will be required to take a leave of absence until they are able to return to class. Proper documentation will be required to substantiate a student's withdrawal. All students enrolled in the pre-license correspondence course are considered to be correspondence or home-study students and therefore classroom attendance is not required.
  • Postponement of Start Date
    Postponement of the start date whether at the request of the school or the student, requires a written agreement signed by the student and the school. The agreement must set forth: (a) Whether the postponement is for the convenience of the school or student, and; (b) A deadline for the new start date, beyond which the start date will not be postponed. If the postponement of the start date is requested for the benefit of the school and the course is not commenced, or the student fails to attend by the new start date set forth in the agreement, the student will be entitled to an appropriate refund of prepaid tuition and fees within 30 days of the deadline of the new start date set forth in the agreement determined in accordance with the school's refund policy and all applicable laws and rules concerning the Private Occupational Education Act of 1981. If the postponement of the start date is at the request of the student, the student waives the right to a refund of tuition, except in cases of non-performance by the school.
  • Standard of Progress
    Students are expected to maintain a minimum standard of progress as follows: This Standard of Progress is used as a gauge for normal progress through a course or a series of courses in a program of study. The time periods are used to calculate completion rates for the refund policy described below. Satisfactory progress for all classroom courses is based on attendance at every class session and on grade average for all of the quizzes and passing the final exam given in that course. A satisfactory or "passing" average is 75% or higher. The grading standards of the college for real estate courses are as follows: A=95% to 100%, B=85% to 94%, C=75% to 84%, F=74% or less. Correspondence students must complete each course with a satisfactory grade average and must complete the course within specific time limits. Some lessons include a quiz and each course has a final exam. Completing online lessons and their corresponding quizzes and tests will demonstrate that each lesson and course was completed in a timely manner. Correspondence students are expected to study the equivalency of six hours or more per week. Correspondence students must complete the course work within six months of enrollment. The school maintains a Student Progress Record on each student which contains the scores and dates of each final exam. This record is available to the student upon request. Any student who is making unsatisfactory progress in grade average will be notified by mail, email, or in person. If the unsatisfactory performance is not corrected, the student may be terminated from the course or program.
  • Refunds
    Students who withdraw from classes may be eligible for a refund based on the following. The college will pay: 1) A full refund of all money paid by the student if a prospective student is not accepted by the college; 2) A full refund of tuition and fees paid if a student notified the college of his or her intention not to commence the course within three days of enrollment, provided that training has not started; 3) a full refund of tuition and fees paid if the college discontinues a course or program of study during the period of time within which a student could reasonably have completed the course or program of study as defined in the Standard of Progress, except that this provision shall not apply in the event that the school ceases operation. Except for the conditions stated above, no refund is available for Exam Prep Review purchased separately. The college will retain a cancellation charge of 15% of the tuition (but not to exceed $150.00) for real estate courses. This cancellation charge does not apply to the full refund conditions described above. Refunds apply to full tuition and fees after deducting the cancellation charge. There is no refund on materials. If a student discontinues training or is terminated by the college, the following refund will be made to the student within 30 days of official determination of the termination date, the date on which the college receives written notice of a student's intention to discontinue training. Refunds for pre-license students will be calculated as follows: within first 10%, 90% refund; within 11% to 25%, 75% refund; 26% to 50%, 50% refund; 51% to 75%, 25% refund; after 75% completed no refund. Completion percentages will be determined by the number of classroom sessions attended, the number of correspondence lesson quizzes returned, or number of correspondence lessons which should have been completed beginning at the date of enrollment based on the "Standard of Progress." The following chart should help to clarify: For Students enrolled in In-Classroom Sessions the Refund Policy is as Follows: If state laws or Real Estate Commission policies render courses offered by correspondence obsolete or no longer adequate for licensing, no refund or credit toward other courses will be available. Enrollment is valid for up to one year from the date of enrollment. Courses must be completed within one year; there will be no refund or credit for enrollments delayed over one year. Students who fail to complete the entire course of study within the one year enrollment period may, at the discretion of the School Director, be allowed to continue their enrollment for three months for a re-enrollment fee of $180.00 or six months for $250.00. Real Estate Continuing Education Courses and subscription programs are not subject to the above stated refund policy with the exception of Items 1, 2 and 3.
  • Student Conduct
    Students are expected to conduct themselves under "accepted rules of conduct." The following examples are considered unacceptable: Disruptive or distracting activities during personal or classroom instruction; Possession of weapons (excluding legal concealed carry), illegal drugs, and alcohol of any kind at school facilities · Arriving late or departing early from scheduled classroom courses. Repeated or gross breaches of this standard shall be grounds for dismissal. A student who is dismissed for misconduct will be readmitted only at the discretion of the School Director. If readmission is denied, the refund policy shall apply.
  • Dismissal
    Any student may be dismissed for violations of rules and regulations of the school, as set forth in school publications. A student also may be withdrawn from classes if he or she does not prepare sufficiently, neglects assignments, or makes unsatisfactory progress. The School Director, after consultation with all parties involved, makes the final decision. The School Director may temporarily suspend a student whose conduct is disruptive or unacceptable to the academic setting. After appropriate counseling, students who demonstrate a genuine desire to learn and conform to school standards of conduct may be allowed to resume attendance. The Director will review each case and decide upon re-admittance.
  • Credit for Previous Education, Training or Experience"
    No credit is given for partial completion of classes previously taken at another school or for related experience. It would be the discretion of the Real Estate Commission to accept previous education or experience in place of required hours. Prospective students should contact the Commission directly to determine if this applies to their situation. Likewise, the school does not guarantee the transferability of its credits to any other institution unless there is a written agreement with that institution.
  • Warranty
    A student who successfully completes a full pre-license program (completes every lesson and earns a passing grade in every course) who takes and fails the licensing examination within 30 days following completion of their program, is entitled to retake the full program for up to six months from the completion date without additional cost. A nominal charge will be made for new or updated materials. A student who takes a continuing education course and fails the course exam may retake the course or may study the materials and retake the exam within 30 days at no additional charge.
  • Discrimination
    The Real Estate College of Colorado, Inc. does not discriminate among applicants, participants or employees on the basis of race, color, religion, ethnicity, national origin, age, sex, marital status, handicap or sexual orientation.
  • Placement Assistance
    There is no employment placement assistance available to students. The College does not have a transfer agreement of attendance with other schools.
  • Statement of Ownership
    The Real Estate College of Colorado, Inc. is a corporation in good standing with the State of Colorado. The officers of the Real Estate College of Colorado, Inc. are Aaron L, Diem, President; LeRoy R. Diem, Secretary; Ernestine M. Diem, Treasurer.
  • Student Complaints
    This school does not require exhaustion of its internal grievance/appeal process before filing a complaint of any nature, including, but not limited to a claim of a deceptive sales or trade practice, with the State of Colorado and through the Division of Private Occupational Schools. Any student who has a comment or complaint regarding Real Estate College of Colorado, Inc. is invited to write or call the School Director personally. The student may file a written complaint online with the Colorado Department of Higher Education, Private Occupational School Board at or by requesting a complaint form at (303) 862-3001. There is a two-year limitation (from student's last date of attendance or expiration of enrollment) on the Division taking action in student complaints.
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