Real Estate Lesson 1

6 primary functional areas?
- creating
- managing & maintaining
- Destroying
- holding
- regulating
- transferring
Classification of real estate by use
- residential industrial
- residential income farm & ranch
- office special purpose
- retail land
primary real estate brokerage activities
- locating a buyer for a seller
- locating a seller for a buyer
- locating a tenant for a landlord
- locating a landlord for a tenant
property type for brokers
- residential agents
- commercial agents ( office, retail)
- industrial agents
- land agents
the principal types of tranactions.
- sales
- exchanges
- leases & subleases
- options
Individual brokerage servecies for a pre-set fee:
- comparative price analysis
- database search
- prospect screening
- site analysis
laws most relevant to agents and brokers:
- agency
- contracts
- disclosure
- environmental impact
- fair housing
Real estate license laws for brokers
- procedures for handling escrow deposits & fees
- procedures for advertising
- guidelines for dealing with clients & customers

Author

robertsmj37

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Card Set

Real Estate Lesson 1

Description

Real Estate questions

Updated

2016-04-05T17:57:15Z

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