Real Estate Exam Lessons for the Audio Learner: Recent Episodes
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Here is the California Real Estate Salesperson Exam Lesson 3Here is a free lesson for the California Real Estate Salesperson Exam Lesson 3. The full series of lessons is available at the Website
https://www.reexampodcast.com
California Real Estate Salesperson License Audio Lessons Sign Up Try out 5 free audio lessons and see if they are right for you.
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I consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). terms Listen to this California Real Estate Salesperson Exam Lesson 3 and start preparing for the career you’ve dreamed about in real estate it is now nearly at your fingertips. When you are ready to take your California real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the California real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them the the listening device of your choice. But you start with California Real Estate Salesperson Exam Lesson 3
Once you have our California Real Estate audio lessons in hand, you can listen and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the California test. It’s a great supplement to your textbook. Our audio lessons will help you gain knowledge on what’s really on the actual California national and state exam.
This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you’ve dreamed about in real estate is nearly at your fingertips!
More information of the requirements to take the California real estate exams is available at the California Bureau of Real EstateLoading…
Here is the California Real Estate Salesperson Exam lesson 2Here is a free lesson for the California Real Estate Salesperson Exam Lesson 2. The full series of lessons is available at the Website
https://www.reexampodcast.com
California Real Estate Salesperson License Audio Lessons Sign Up Try out 5 free audio lessons and see if they are right for you.
(European Union residents are not be allowed to subscribe due to excessive EU Regulations) First Name
Email Address
I consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). terms Listen to this California Real Estate Salesperson Exam Lesson 2 and start preparing for the career you’ve dreamed about in real estate it is now nearly at your fingertips. When you are ready to take your California real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the California real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them the the listening device of your choice. But you start with California Real Estate Salesperson Exam Lesson 2
Once you have our California Real Estate audio lessons in hand, you can listen along and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the California test. It’s a great supplement to your textbook. Our audio lessons will help you gain knowledge on what’s really on the actual California national and state exam.
This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you’ve dreamed about in real estate is nearly at your fingertips!
More information of the requirements to take the calhttp://www.dre.ca.gov/Examinees/ApplySalesperson.htmlifornia real estate exams is available at the California Bureau of Real Estate
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2022 Ohio Real Estate Salesperson Exam Lesson 22022 Ohio Real Estate Salesperson Exam Lesson 2 is the 2nd sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE
Ohio Real Estate Salesperson Exam Lesson 2Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.
Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.
Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.
Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.
Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for:California
Georgia
Florida
Texas
Virginia
You May also be interested in passing the SIE Exam
Beginning in October 2018 the SIE Exam is a new regulatory exam that will allow candidates to demonstrate their mastery of the essentials of the financial industry. The exam will cover the foundational knowledge used in careers in investment banking, wealth management, sales and trading, and more.
The SIE exam is a prerequisite for many of the FINRA licensing exams including the Series 7 Exam.
This is a big change from the current exam structure, which requires individuals to be employed and sponsored by a FINRA-registered firm before taking an industry qualification exam.
For the other states lessons we offer check out our webpage
Here is the California Real Estate Salesperson Exam lesson 1Here is a free lesson for the California Real Estate Salesperson Exam Lesson 1. The full series of lessons is available at the Website
https://www.reexampodcast.com
California Real Estate Salesperson License Audio Lessons Sign Up Try out 5 free audio lessons and see if they are right for you.
(European Union residents are not be allowed to subscribe due to excessive EU Regulations) First Name
Email Address
I consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). terms Listen to this California Real Estate Salesperson Exam Lesson 1 and start preparing for the career you’ve dreamed about in real estate is nearly at your fingertips. When you are ready to take your California real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the California real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them th the listening device of your choice. But you start with California Real Estate Salesperson Exam Lesson 1
Once you have our California Real Estate audio lessons in hand, you can listen along and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the California test. It’s a great supplement to your textbook. Our audio lessons will help you gain knowledge on what’s really on the actual California national and state exam.
This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you’ve dreamed about in real estate is nearly at your fingertips!
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2022 Ohio Real Estate Salesperson Exam Lesson 12022 Ohio Real Estate Salesperson Exam Lesson 1This is the 1st sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE
Real Estate Governing BodiesRegulated by two agencies: the Ohio Real Estate Commission and the Ohio Division of Real Estate
The Real Estate Commission
• Five member appointed by the governor
• Four are active real estate agents with 10+ years of experience
• One non-real estate professional who represents the public
• No more than three members can be from one political party.
• Each member serves for five years.
Duties of the Commission
• Create the Code of Ethics for real estate professionals
• Reviews any appeals
• Administers the real estate education/research fund
• Notifies licensees of changes to state/federal laws
Duties of the Ohio Division of Real Estate
• Led by the Superintendent of Real Estate
• The Superintendent is appointed by the Director of Commerce for an indefinite term from an approved list of six people
• Carry out state law
• Administer exams
• Review records
• Enforce license laws
• Grant, refuse and revoke licenses
Disciplinary Actions
• Misrepresentations
• Dual agency without disclosure
• Mishandling of funds
• Compensates an unlicensed person with a commission
• Hiding a criminal conviction
• Practicing real estate without a license
• Practicing real estate while impaired
• Discrimination
• Commingles funds
• Breaking fiduciary duties
• Charges hidden fees
Complaints are heard by the Ohio Division of Real Estate
Licensed Activities
• Sales
• Exchanges
• Purchases
• Loan negotiation
• Advertising real property
• Offers
• Listing
• Rentals
Unlicensed Activities
• For sale by owner
• Property manager employed by an owner
• Trustee
• Public servants on official business
• Power of attorney
• Court appointees
• Employees of financial institutions
If you are looking for other Real Estate audio Lessons we have them for:California
Georgia
Florida
Texas
Virginia
You May also be interested in passing the SIE Exam
Beginning in October 2018 the SIE Exam is a new regulatory exam that will allow candidates to demonstrate their mastery of the essentials of the financial industry. The exam will cover the foundational knowledge used in careers in investment banking, wealth management, sales and trading, and more.
The SIE exam is a prerequisite for many of the FINRA licensing exams including the Series 7 Exam.
This is a big change from the current exam structure, which requires individuals to be employed and sponsored by a FINRA-registered firm before taking an industry qualification exam.
For the other states lessons we offer check out our webpage
Virginia Real Estate Salesperson Exam Lesson 22022 Virginia Real Estate Salesperson Exam Lesson 2 This is the second of five sample lessons that we will be sharing with you which will help you prepare for the Virginia real estate salesperson exam.
These Virginia real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Virginia real estate department for licensure.
2022 Virginia Real Estate Salesperson Exam Lesson 2: The Business of Real Estate
Real estate brokers must be licensed in the state in which they are working.
Brokers can specialize in residential, commercial, and industrial property. They deal with the land and the rights that go with the land, such as water and mineral rights.
Real estate brokers act as an agent for others in a real estate transaction in exchange for a commission. Real estate salespeople have to work under the supervision of a real estate broker. Commissions are split between the broker and the agent.
Other real estate professions:
- Appraisers
- Property managers
- Home inspectors
- Mortgage brokers
- Architects
- Contractors
Kind of Property
- Residential property (single homes, multi-family dwellings)
- Commercial properties (retail stores, restaurants, offices, hotels, etc.)
- Mixed-use properties (mixes commercial and residential)
- Industrial properties (factories and warehouses)
- Agricultural properties (farms and ranches)
- Special purpose land (schools, church, etc.)
- Vacant land
Supply vs. Demand
Factors that Affect Supply
- Fear of missing out
- Location
- Construction costs
- Local and state government influence
Factors that Affect Demand
- Demographics of the area
- Economy of an area
- Interest rates
The Cycle of Real Estate
- Recovery
- Expansion
- Hyper Supply
- Recession
If you are looking for other Real Estate audio Lessons we have them for:California
Georgia
Florida
Texas
Washington
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You May also be interested in passing the SIE Exam
Beginning in October 2018 the SIE Exam is a new regulatory exam that will allow candidates to demonstrate their mastery of the essentials of the financial industry. The exam will cover the foundational knowledge used in careers in investment banking, wealth management, sales and trading, and more.
The SIE exam is a prerequisite for many of the FINRA licensing exams including the Series 7 Exam.
This is a big change from the current exam structure, which requires individuals to be employed and sponsored by a FINRA-registered firm before taking an industry qualification exam.
For the other states lessons we offer check out our webpage
2022 Virginia Real Estate Salesperson Exam Lesson 1This is the first of five sample lessons that we will be sharing with you which will help you prepare for the Virginia real estate salesperson exam.
These Virginia real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Virginia real estate department for licensure.
2022 Virginia Real Estate Salesperson Exam Lesson 1Virginia Real Estate Law
2022 Virginia Real Estate Salesperson Exam Lesson 1
Agent vs. Broker
Powers of the Real Estate Board
- Ability to give licenses
- Ability to take away licenses
Requirements for a Real Estate Salesperson License
- Reputation for honesty and fair play.
- Pass a background check.
- Must be in good standing in other states.
- Real estate licensing courses.
- Pass real estate exam.
- 18-years old
- High school diploma
- Submitted application with 12 months after the exam.
Some states allow for reciprocity.
Real Estate Salesperson Exam
- 120 total questions, 150 total minutes
- National topics, 80 questions, 105 minutes
- State topics 40 questions, 45 minutes
Real Estate Broker Exam
- 130 total questions, 160 total minutes
- National topics, 80 questions, 105 minutes
- State topics 50 questions, 55 minutes
Post License Education and Renewal
- 30 hours within a year or you will be placed in inactive status
- Licenses have to be renewed every two years
- Brokers need 24 hours of courses to renew.
- Salespersons need 16 hours of courses to renew.
- You can put yourself in inactive status and you will have to take courses to get back in active status. (Exceptions for military service.)
If you are looking for other Real Estate audio Lessons we have them for:California
Georgia
Florida
Texas
Washington
Loading…You May also be interested in passing the SIE Exam
Beginning in October 2018 the SIE Exam is a new regulatory exam that will allow candidates to demonstrate their mastery of the essentials of the financial industry. The exam will cover the foundational knowledge used in careers in investment banking, wealth management, sales and trading, and more.
The SIE exam is a prerequisite for many of the FINRA licensing exams including the Series 7 Exam.
This is a big change from the current exam structure, which requires individuals to be employed and sponsored by a FINRA-registered firm before taking an industry qualification exam.
For the other states lessons we offer check out our webpage
2022 Washington Real Estate Salesperson Exam Lesson 2Listen to this 2022 Washington Real Estate Salesperson Exam Lesson 2 and start preparing for the
career you’ve dreamed about in real estate it is now nearly at your fingertips. When you are
ready to prepare for your Washington real estate exam, start by listening to our full series of
audio lessons designed to help you get ready for the Washington real estate salesperson exam.
Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your listening. But you start with Washington Real Estate Salesperson Exam Audio
2022 Washington Real Estate Salesperson Exam Lesson 2Real Property:
Real Property: Land and its rights
Person Property: Person effects that can be moved.
Kinds of Rights
• Air
• Water
• Mineral
• Oil
Gas
• Support
Kinds of Water Rights
Riparian: Rivers and other flowing bodies of water
Littoral: Lakes or other stationary bodies of water
Attachments
Natural: Ones that grow from the earth
Fixtures: Man-made things.
Ways to Describe Property
Metes and Bounds: Drawing a line around the property
Government Survey: Grid system
Lot and Block: Map with numbered lots
The Full Washington Real Estate Sales Person Audio Course is available below
Here is what our customers sayhttps://www.reexampodcast.com/testimonials/
You May also be interested in passing the SIE Exam
Beginning in October 2018 the SIE Exam is a new regulatory exam that will allow candidates to demonstrate their mastery of the essentials of the financial industry. The exam will cover the foundational knowledge used in careers in investment banking, wealth management, sales and trading, and more.
The SIE exam is a prerequisite for many of the FINRA licensing exams including the Series 7 Exam.
This is a big change from the current exam structure, which requires individuals to be employed and sponsored by a FINRA-registered firm before taking an industry qualification exam.
For the other states lessons we offer check out our webpage
If you are going down the path to become a Securities Professional you may be required to pass the Life Health Insurance Exam or possibly the Property Casualty Insurance Exam.
2022 Washington Real Estate Salesperson Exam Lesson 1Listen to this 2022 Washington Real Estate Salesperson Exam Lesson 1 and start preparing for the career you’ve dreamed about in real estate it is now nearly at your fingertips. When you are ready to prepare for your Washington real estate exam, start by listening to our full series of audio lessons designed to help you get ready for the Washington real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your listening. But you start with 2022 Washington Real Estate Salesperson Exam Lesson 1 and start preparing for the career you’ve dreamed about in real estate.
Lesson 1: Requirements for Licensure
Requirements in Washington
• Be at least 18 years old.
• High school diploma or equivalent.
• Complete 90 hours of approved real estate education within 2 years of taking the exam. (This includes a 60 hour course in Real Estate Fundamentals and a 30 hour course in Real Estate Practices)
• Pass the broker’s exam.
You must register as a student with Applied Measurements Professionals, Inc (AMP). Your school must submit course completions to AMP.
You can schedule your exam online through AMP at www.goAMP.com. The tests are administered through Person VUE, and you can sign up through www.pearsonvue.com.
The Real Estate Exam
• There are 80 questions on the exam.
• A passing score is 75%, which means at least 60 out of 80.
• The state specific part of the exam is 40 questions.
• If you pass one part of the exam, you can take and pass the other part later as long as you pass both within six months.
• The exams are taken completely on computers and are closed book.
• You are allowed a simple, non-graphing calculator.
• You should bring two forms of ID with you.
• You cannot be more than 15 minutes late.
After the Test
• Fill out the application.
• Pay the fee and turn in the form to the Department of Licensing.
• Submit your fingerprints to get your background check ordered.
The Full Washington Real Estate Sales Person Audio Course is available below
buy now
Here is what our customers sayhttps://www.reexampodcast.com/testimonials/
You May also be interested in passing the SIE Exam
For the other states lessons we offer check out our webpage
2022 Georgia Real Estate Salesperson Exam Lesson 2.The full series of lessons is available at the Websitehttps://www.reexampodcast.com
2022 Georgia Real Estate Salesperson Exam Lesson 2
Listen to this 2022 Georgia Real Estate Salesperson Exam Lesson 2 and start preparing for the career you’ve dreamed about in real estate. It is now nearly at your fingertips. When you are ready to take your Georgia real estate exam, start by listening to our full series of audio lessons. Our Lessons are designed to help you prepare for the Georgia real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files. First to your computer and then upload them the the listening device of your choice. But you start with Georgia Real Estate Salesperson Exam Lesson 1
Georgia Real Estate Salesperson License Audio Lessons Sign UpTry out 5 free audio lessons and see if they are right for you.
(European Union residents are not be allowed to subscribe due to excessive EU Regulations)
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Once you have our Georgia Real Estate audio lessons in hand, you can listen and prepare to test yourself on the key questions. These questions are similar to those asled on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the Georgia test. It’s a great supplement to your textbook. Our audio lessons will help you gain knowledge on what’s really on the actual Georgia exam.
In this lesson for Georgia Real Estate Salesperson Exam Lesson 2
Georgia Lesson 2: Rights in Real EstateOwnership of real estate is allowed, but it is not absolutely.
Different kinds of property
• Land: the surface of the earth and all natural things attached to it
• Real estate: the land and all the attached man-made structures
• Real property: real estate plus a bundle of rights.
Different kinds of rights
• air rights
• water rights: littoral (lake) rights and riparian (river) rights
• surface rights
• subsurface rights
Fixtures: personal property that has been permanently attached
Trade fixtures: fixtures that have been attached for a business purpose
Emblements: plants or crops on a piece of property
This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you’ve dreamed about in real estate is nearly at your fingertips!
To apply for a Georgia Real estate license here is the States Website
Georgia Sales Agent Requirements
In Georgia Real Estate Salesperson Exam Lesson 1 we discuss testing requirements including:
Licensing Requirements in Georgia
Georgia Real Estate Licensing Requirements. The following information on becoming a Licensed Real estate salesperson is taken directly from the Georgia State Real Estate Commission we recommend that for the most up to date information you go directly to their website http://www.grec.state.ga.us/grec/relicense.html
The Application ProcessThe process for attaining a real estate license consist of six parts. Depending on the type of license you are seeking, certain parts may not be applicable.
- Background Check – GCIC Report
- Investigation/Background Clearance – IF APPLICABLE
- Successful completion of Education Requirements
- Fulfill Experience Requirements – IF APPLICABLE
- Successful completion of Examination
- Application for Licensure or Certification
To ensure that you complete all necessary steps and receive your approval in a timely manner, we recommend reviewing all of the parts listed above as well as reviewing the detailed requirements for the type of license that you are seeking which can be found below.
Additionally, we recommend that you review the Candidate Handbook available though AMP who is responsible for administering the real estate examinations for the Commission.
Requirements for LicensingThe requirements for approval vary depending on the type of license that you are seeking. The following links provide detailed requirements for the different real estate license available through the Georgia Real Estate Commission:
- Community Association Manager
- Salesperson
- Associate Broker
- Broker
You can also download the Summary of Requirements for Real Estate Licensure in Adobe PDF format.
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You May also be interested in passing the SIE Exam
2022 Georgia Real Estate Salesperson Exam Lesson 1.The full series of lessons is available at the Websitehttps://www.reexampodcast.com2022 Georgia Real Estate Salesperson Exam Lesson 1Listen to this 2022 Georgia Real Estate Salesperson Exam Lesson 1 and start preparing for the career you've dreamed about in real estate it is now nearly at your fingertips. When you are ready to take your Georgia real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the Georgia real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them the the listening device of your choice. But you start with Georgia Real Estate Salesperson Exam Lesson 1Georgia Real Estate Salesperson License Audio Lessons Sign UpTry out 5 free audio lessons and see if they are right for you.(European Union residents are not be allowed to subscribe due to excessive EU Regulations)First NameEmail AddressI consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). termsOnce you have our Georgia Real Estate audio lessons in hand, you can listen and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the Georgia test. It's a great supplement to your textbook. Our audio lessons will help you gain knowledge on what's really on the actual Georgia exam.In this lesson for Georgia Real Estate Salesperson Exam Lesson 1Georgia Lesson 1: The Real Estate BusinessReal estate activities• Creating• Improving• Maintaining• Demolishing,• Transferring• Ect.Specialization• Selling residential• Selling retail space• Selling farm space• By property type• By client type• By type of relationshipRequired skills and knowledge• Market conditions• Marketing• Ethics• Law• Financing• Best practicesThis is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you've dreamed about in real estate is nearly at your fingertips!To apply for a Georgia Real estate license here is the States WebsiteGeorgia Sales Agent RequirementsIn Georgia Real Estate Salesperson Exam Lesson 1 we discuss testing requirements including:Licensing Requirements in GeorgiaGeorgia Real Estate Licensing Requirements. The following information on becoming a Licensed Real estate salesperson is taken directly from the Georgia State Real Estate Commission we recommend that for the most up to date information you go directly to their website http://www.grec.state.ga.us/grec/relicense.htmlThe Application ProcessThe process for attaining a real estate license consist of six parts. Depending on the type of license you are seeking, certain parts may not be applicable. Background Check - GCIC Report Investigation/Background Clearance - IF APPLICABLE Successful completion of Education Requirements Fulfill Experience Requirements - IF APPLICABLE Successful completion of Examination Application for Licensure or CertificationTo ensure that you complete all necessary steps and receive your approval in a timely manner, we recommend reviewing all of the parts listed above as well as reviewing the detailed requirements for the type of license that you are seeking which can be found below.Additionally, we recommend that you review the Candidate Handbook available though AMP who is responsible for administering the real estate examinations for the Commission.Requirements for LicensingThe requirements for approval vary depending on the type of license that you are seeking. The following links provide detailed requirements for the different real estate li...
2022 Texas Real Estate Salesperson Exam Lesson 2.The full series of lessons is available at the Websitehttps://www.reexampodcast.com2022 Texas Real Estate Salesperson Exam Lesson 2Listen to this 2022 Texas Real Estate Salesperson Exam Lesson 2 and start preparing for the career you've dreamed about in real estate it is now nearly at your fingertips. When you are ready to take your Texas real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the Texas real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them the the listening device of your choice. But you start with Texas Real Estate Salesperson Exam Lesson 1 Texas Real Estate Salesperson License Audio Lessons Sign UpTry out 5 free audio lessons and see if they are right for you.(European Union residents are not be allowed to subscribe due to excessive EU Regulations)First NameEmail AddressI consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). termsOnce you have our Texas Real Estate audio lessons in hand, you can listen and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the Texas test. It's a great supplement to your textbook. Our audio lessons will help you gain knowledge on what's really on the actual Texas exam.This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you've dreamed about in real estate is nearly at your fingertips!To apply for a Texas Real estate license here is the States WebsiteTexas Sales Agent RequirementsIn Texas Real Estate Salesperson Exam Lesson 2 we discuss testing requirements including:Licensing Requirements in TexasTREC = Texas Real Estate CommissionRequirements for Salespeople18 years oldcitizen of the United States and legal resident of Texas180 hours of qualified real estate educationpassing the real estate exambecomes sponsored by a brokermust be of good moral characterRequirements for Brokerscitizen of the United States and legal resident of TexasThey are first a licensed salesperson and have been employed by a broker for four yearsCan be a licensed broker from another state that has no less then four years of experiences as a broker.270 hours of qualified real estate educationpasses the real estate exammust be of good moral characterEducation Requirements:Real Estate Principles (60 classroom hours)Law of Agency (30 classroom hours)Law of Contracts (30 classroom hours)Promulgated Contracts Forms (30 classroom hours)Real Estate Finance (30 classroom hours).Other Info:Must be applied for online.Fingerprints must be on file with the Texas Department of Public Safety.If a person is on parole or has been convicted of a crime, they might be denied a real estate license.Only after education and background check has been verified, you can take the exam. If you fail three time, you will need additional education before being allowed to take it again.Texas does not currently have reciprocity agreements with any other states.Renewing LicensesAll licenses are valid for two years.18 hours of education are required for renewal.Activities that require a license:Making salesDoing exchangesMaking purchasesNegotiating rentals and leasesNegotiating offers and loansCreating listingsDoing optionsAdvertising real propertyPeople who do not require a real estate license:Attorneys who have passed the Texas state bar.Public officers who are performing their official duties.Building superintendents
2022 Texas Real Estate Salesperson Exam Lesson 1.The full series of lessons is available at the Websitehttps://www.reexampodcast.com2022 Texas Real Estate Salesperson Exam Lesson 1Listen to this 2022 Texas Real Estate Salesperson Exam Lesson 1 Lesson 1 and start preparing for the career you've dreamed about in real estate it is now nearly at your fingertips. When you are ready to take your Texas real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the Texas real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them the the listening device of your choice. But you start with Texas Real Estate Salesperson Exam Lesson 1 Texas Real Estate Salesperson License Audio Lessons Sign UpTry out 5 free audio lessons and see if they are right for you.(European Union residents are not be allowed to subscribe due to excessive EU Regulations)First NameEmail AddressI consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). termsOnce you have our Texas Real Estate audio lessons in hand, you can listen and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the Texas test. It's a great supplement to your textbook. Our audio lessons will help you gain knowledge on what's really on the actual Texas exam.This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you've dreamed about in real estate is nearly at your fingertips!To apply for a Texas Real estate license here is the States WebsiteTexas Sales Agent RequirementsIn Texas Real Estate Salesperson Exam Lesson 1 we discuss testing requirements including:Scheduling the test.Pearson VUE (online/phone)You can only schedule a test once you have 180 classroom hours of real estate education.Finding a testing center (including on military base center)Creating an accountScheduling an appointmentAccommodations for people with disabilities (separate room, extra time, reader/recorder)Real estate practice tests are available for purchase, as well as study guidesBefore the TestGet sufficient rest.Set alarms and make sure you are planning sufficient travel time.Study in intervals. Do not leave it to the last minute.The day of the test.Eat a hearty meal, but do not drink too much.Make sure you have a government-issued picture IDLeave early.Bring only authorized materials. No phones/devices. Only approved calculators.Test is electronic only and is multiple choices.There are different versions of the test, called forms.There is a state examination and a national examination.Answer the questions you know first and then go back to spend the remaining time on the questions for which you are unsure.Narrow down the answers and pick the best answer.Take your time and make sure to read each question completely.After the test.Exam results for either “Pass” or “Fail” sent to you a few weeks after the test.To pass, you need 56 questions correct on the national test and 21 questions correct on the state test.After failing three times, you will required to do 30 additional hours of real estate education.You May also be interested in passing the SIE Exam
Here is the 2022 Florida Real Estate Salesperson Exam Lesson 1Here is a free lesson for the 2022 Florida Real Estate Salesperson Exam Lesson 1. The full series of lessons is available at the Websitehttps://www.reexampodcast.comTry listening to 5 Florida Real Estate Salesperson License Audio LessonsTry out 5 free audio lessons and see if they are right for you.(European Union residents are not be allowed to subscribe due to excessive EU Regulations)First NameEmail AddressI consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). termsListen to this Florida Real Estate Salesperson Exam Lesson 2 and start preparing for the career you've dreamed about in real estate it is now nearly at your fingertips. When you are ready to take your Florida real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the Florida real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them the the listening device of your choice. But you start with Florida Real Estate Salesperson Exam Lesson 2Once you have our Florida Real Estate audio lessons in hand, you can listen and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the Florida test. It's a great supplement to your textbook. Our audio lessons will help you gain knowledge on what's really on the actual Florida national and state exam.This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you've dreamed about in real estate is nearly at your fingertips!To apply for a Florida Real estate license here is the States WebsiteFlorida Sales Agent Requirementshttps://www.myfloridalicense.com/CheckListDetail.asp?SID=&xactCode=1010&clientCode=2501&XACT_DEFN_ID=744SALES ASSOCIATE INITIAL APPLICATION (RE 1)A sales associate is a person who, for another, and for compensation or in anticipation of compensation, appraises, auctions, sells, exchanges, buys, rents or offers, attempts or agrees to appraise, auction, or negotiate any sale, exchange, purchase, or rental of business enterprises or any real property or any interest in or concerning the same or who advertises the same, but who performs such act under the direction, control, or management of a broker or owner/developer.Application Requirements:AGE: Must be at least 18 years of age.SOCIAL SECURITY NUMBER: You must have a United States Social Security number to apply. You may visit the Social Security Administration website for information on how to obtain one.EDUCATION: Must hold a high school diploma or its equivalent.PRE-LICENSE EDUCATION: Prior to sitting for the state exam you must show proof of course completion of Florida approved 63 hour pre-license education for sales associates. The course is good for two (2) years from the date of completion. An expired course will not be accepted at the exam site and you will not be able to sit for your exam without proof of a valid course completion slip. The course is not required at the time of application submission. You may submit application for state exam approval prior to taking the pre-license education. See the list of approved providers.EXAMINATIONS: The examination is given by Pearson Vue. To Learn more visit their website to find a location near you to set up your exam once the application has been approved by the DBPR. The Candidate Information Booklet is a useful source to help guide you through the examination process.FEE: Pay the required fee as provided in the application. Military veterans,
Here is the 2022 Florida Real Estate Salesperson Exam Lesson 1Here is a free lesson for the 2022 Florida Real Estate Salesperson Exam Lesson 1. The full series of lessons is available at the Websitehttps://www.reexampodcast.com Try listening to 5 Florida Real Estate Salesperson License Audio Lessons Try out 5 free audio lessons and see if they are right for you.(European Union residents are not be allowed to subscribe due to excessive EU Regulations) First Name Email Address I consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). terms Listen to this Florida Real Estate Salesperson Exam Lesson 1 and start preparing for the career you've dreamed about in real estate it is now nearly at your fingertips. When you are ready to take your Florida real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the Florida real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them the the listening device of your choice. But you start with Florida Real Estate Salesperson Exam Lesson 1Once you have our Florida Real Estate audio lessons in hand, you can listen and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the Florida test. It's a great supplement to your textbook. Our audio lessons will help you gain knowledge on what's really on the actual Florida national and state exam.This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you've dreamed about in real estate is nearly at your fingertips!To apply for a Florida Real estate license here is the States WebsiteFlorida Sales Agent Requirementshttps://www.myfloridalicense.com/CheckListDetail.asp?SID=&xactCode=1010&clientCode=2501&XACT_DEFN_ID=744SALES ASSOCIATE INITIAL APPLICATION (RE 1)A sales associate is a person who, for another, and for compensation or in anticipation of compensation, appraises, auctions, sells, exchanges, buys, rents or offers, attempts or agrees to appraise, auction, or negotiate any sale, exchange, purchase, or rental of business enterprises or any real property or any interest in or concerning the same or who advertises the same, but who performs such act under the direction, control, or management of a broker or owner/developer.Application Requirements:AGE: Must be at least 18 years of age.SOCIAL SECURITY NUMBER: You must have a United States Social Security number to apply. You may visit the Social Security Administration website for information on how to obtain one.EDUCATION: Must hold a high school diploma or its equivalent.PRE-LICENSE EDUCATION: Prior to sitting for the state exam you must show proof of course completion of Florida approved 63 hour pre-license education for sales associates. The course is good for two (2) years from the date of completion. An expired course will not be accepted at the exam site and you will not be able to sit for your exam without proof of a valid course completion slip. The course is not required at the time of application submission. You may submit application for state exam approval prior to taking the pre-license education. See the list of approved providers.EXAMINATIONS: The examination is given by Pearson Vue. To Learn more visit their website to find a location near you to set up your exam once the application has been approved by the DBPR. The Candidate Information Booklet is a useful source to help guide you through the exami...
Here is the 2022 California Real Estate Salesperson Exam Lesson 2Here is a free lesson for the 2022 California Real Estate Salesperson Exam Lesson 2. The full series of lessons is available at the Websitehttps://www.reexampodcast.com California Real Estate Salesperson License Audio Lessons Sign Up Try out 5 free audio lessons and see if they are right for you.(European Union residents are not be allowed to subscribe due to excessive EU Regulations) First Name Email Address I consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). terms Listen to this California Real Estate Salesperson Exam Lesson 2 and start preparing for the career you've dreamed about in real estate it is now nearly at your fingertips. When you are ready to take your California real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the California real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them the the listening device of your choice. But you start with California Real Estate Salesperson Exam Lesson 2Once you have our California Real Estate audio lessons in hand, you can listen along and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the California test. It's a great supplement to your textbook. Our audio lessons will help you gain knowledge on what's really on the actual California national and state exam.This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you've dreamed about in real estate is nearly at your fingertips!More information of the requirements to take the calhttp://www.dre.ca.gov/Examinees/ApplySalesperson.htmlifornia real estate exams is available at the California Bureau of Real EstateLoading...You May also be interested in passing the SIE Exam
Here is the 2022 California Real Estate Salesperson Exam Lesson 1Here is a free lesson for the 2022 California Real Estate Salesperson Exam Lesson 1. The full series of lessons is available at the Websitehttps://www.reexampodcast.com California Real Estate Salesperson License Audio Lessons Sign Up Try out 5 free audio lessons and see if they are right for you.(European Union residents are not be allowed to subscribe due to excessive EU Regulations) First Name Email Address I consent to receive special offers by email (https://www.reexampodcast.com/privacy-policy/). terms Listen to this California Real Estate Salesperson Exam Lesson 1 and start preparing for the career you've dreamed about in real estate is nearly at your fingertips. When you are ready to take your California real estate exam, start by listening to our full series of audio lessons designed to help you prepare for the California real estate salesperson exam. Once you purchase the full set of audio lessons you will be able to download the individual MP3 files to your computer and then upload them th the listening device of your choice. But you start with California Real Estate Salesperson Exam Lesson 1Once you have our California Real Estate audio lessons in hand, you can listen along and prepare to test yourself on the key questions asked on this very comprehensive exam. This is one of the best ways to study because you are getting in-depth prep designed to help you with the California test. It's a great supplement to your textbook. Our audio lessons will help you gain knowledge on what's really on the actual California national and state exam.This is a fantastic way to gain the confidence you need to test your level of experience and understanding in all areas of real estate that the test will ask of you. Our audio lessons are exceptional! The career you've dreamed about in real estate is nearly at your fingertips!Loading...You May also be interested in passing the SIE Exam
Here is the California Real Estate Salesperson Exam lesson 1Here is a free lesson for the California Real Estate Salesperson Exam Lesson 1. The full series of lessons is available at the Websitehttps://www.reexampodcast.com
Here is the Florida Real Estate Salesperson Exam Lesson 5 Here is a free lesson for the Florida Real Estate Salesperson Exam Lesson 5. The full series of lessons is available at the Website
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Here is the Florida Real Estate Salesperson Exam Lesson 4 Here is a free lesson for the Florida Real Estate Salesperson Exam Lesson 4. The full series of lessons is available at the Website
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Here is the Florida Real Estate Salesperson Exam Lesson 3 Here is a free lesson for the Florida Real Estate Salesperson Exam Lesson 3. The full series of lessons is available at the Website
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Here is the Florida Real Estate Salesperson Exam Lesson 2 Here is a free lesson for the Florida Real Estate Salesperson Exam Lesson 2. The full series of lessons is available at the Website
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Here is the 2021 Arizona Real Estate Salesperson Exam Lesson 5: Real Estate Economics 2021 Arizona Real Estate Salesperson Exam Lesson 5: Real Estate Economics
Here is a free lesson for the 2021 Arizona Real Estate Salesperson Exam Lesson 5 . The full series of lessons is available at the Website
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Real Estate Economics Supply = how much of a product or service is available Demand = how much of a product people want
If supply increases, price decreases. If demand increases, price increases.
Market equilibrium: when supply and demand are balanced.
Economic Characteristics of Real Estate • It is governed by supply, demand. • It has durability • Heterogeneity • High Transaction costs • Long time delays • Both an investment good and an consumption good. • Immobility • It has inherent value • It has unique appeal • It is illiquid • It has a slow response to cycles • The market is decentralized
• Depreciation vs. Appreciation • Strait-Line (Cost - salvage value)/Useful life • Double Declining Balance = Beginning book value x Rate of depreciation • Units of Production (Not used in real estate) • Sum of Years Digits (Remaining life/Sum of the year’s digits) x (Cost - Salvage Value)
• Demographics affect demand.
• Types of demographics • Population size/growth • Family size • Age and Family makeup • Death rates • Marriage and Divorce rates
• Housing supply is produced using land, labor, and materials. The supply is determined by the cost of those materials, the price of existing houses, and the technology that produces them.
Here is the 2021 Arizona Real Estate Salesperson Exam Lesson 4: Property Descriptions 2021 Arizona Real Estate Salesperson Exam Lesson 4: Property Descriptions
Here is a free lesson for the 2021 Arizona Real Estate Salesperson Exam Lesson 4: Property Descriptions. The full series of lessons is available at the Website
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Property Descriptions Common Ways of Describing Property • Addresses (123 Main Street) • Names (Grand Central Station)
Legal descriptions are needed for legal documents. An address is not enough by itself. Addresses can be inexact and subject to change. Legal descriptions accurately identify and locate a parcel within the boundaries of a state.
Reasons for Legal Description • Public recording • Creating a deed for conveyance or lease • Completing mortgage documents • Executing and recording other legal documents
• Methods of Description • Metes and Bounds method: Uses landmarks, directions and angles to define the boundaries of an area. Starts at the POB = the point of beginning. It has to return to the POB in order to be valid. • Metes = distance and direction, Bounds = fixed reference points, natural monuments and landmarks. These can be natural or artificial, such as rocks, plants, rivers, lakes, or artificial survey stakes. • It begins with identifying the city, county and state, and then it gives the POB and describes the distance and direction to the first monument and then the next and the next until you return to the POB.
• Rectangular Survey System: A traditional method that uses natural materials. Uses a grid system. • Works best for square or rectangular parcels of land. Land can be described in fractions of sections (halves, thirds, eights, quarters) • If land is in a different irregular shape, you have to couple this with another method of legal description. • Meridians = north/south lines • The principal meridian is the starting point. • The north/south area between meridians is called a range. (6 miles wide) • Parallels = east/west lines • The base parallel is the starting point. • The east-west area between two parallels is known as a tier or township strip. (6 miles wide) • Township = 6 miles by 6 miles • Section = 1 square mile in a township, equal to 640 acres
Lot and Block/Recorded Platt: Using a map with subdivisions where each plot is numbered. • Can describe residential, commercial, and industrial subdivisions. • Surveyors survey blocks and create a map. They designate the size and location of each lot and block. This is presented to local authorities, who must approve or reject it. It is then recorded by the county recorder and can be used for reference.
Datums are used to describe elevation in property. • These are needed when talking about air and subsurface rights or property with multiple floors. • The starting point is sea level at New York Harbor. • To make things easier, some surveyors use local benchmarks instead.
Here is the 2021 Arizona Real Estate Salesperson Exam Lesson 3: Types of Property and Land Use 2021 Arizona Real Estate Salesperson Exam Lesson 3: Types of Property and Land Use
Here is a free lesson for the 2021 Arizona Real Estate Salesperson Exam Lesson 3: Types of Property and Land Use. The full series of lessons is available at the Website
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Types of Property and Land Use
Land = the surface of the earth, everything below the earth and all natural things permanently attached to the earth and all things in the air above it. Real Estate = land + all man-made structures that are permanently attached to the land, also known as improvements. Real Property = Real estate + the bundle of rights that come with the property. Personal Property = non-permanent possessions that are not real estate. Can be tangible or intangible.
Fixtures are personal property attached permanently to the land. • Playground equipment • Pools • Fences
An RV is still personal property.
Rights: • Ownership/Possession • Use • Encumbrance • Exclusion • Destruction • Transfer (sell, rent, donate, assign, bequeath) • Suface rights • Subsurface rights • Riparian water rights • Littoral water rights • Air rights
Emblements are growing plants that are on a property. They are considered personal property.
Physical Characteristics of Land: • Immobility • Indestructibility • Non-homogeneity
Economic Characteristics of Land: • Scarcity • Improvements • Permanence • Situs • Highest and best use
Master Plan = long term growth plan
Types of Zones • Residential • Commercial • Industrial • Agricultural • Public • Special use
Exceptions • Nonconforming use • Variances • Special exceptions • Amendments
Here is the Arizona Real Estate Salesperson Exam Lesson 2: The Standard of Care Arizona Real Estate Salesperson Exam Lesson 2: The Standard of Care
Here is a free lesson for the Arizona Real Estate Salesperson Exam Lesson 2: The Standard of Care. The full series of lessons is available at the Website
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Acting up to the professional standard of a licensed real estate professional. Falling below this can cause you to be sued for negligence. What is considered reasonable care will wary based on the circumstances. If an issue is beyond your own expertise, you should refer a client to another professional. • Broker’s Activities • Marketing properties • Locating properties for buyers • Preparing purchase contracts • Negotiating with other parties • Answering questions and providing info • Coordinating inspections • Investigating your area of business and learning about it. • Only receiving commissions/not passing on other expenses to the buyer or seller. • Informing the client of his or her options when presented with multiple offers.
Real estate brokers and salesperson have a unique power in Arizona. They are allowed by a constitutional amendment to a limited practice of law in order to draft purchase contracts and other documents for the transfer of real property. This is not allowed in many other states.
Prohibited Activities
• Misrepresentation • Making false promises • Acting negligently • Demonstrating a basic lack of skill • Acted as a blind dual agent • Substituting contracts for personal gain • False advertising • Violating fair housing laws • Discrimination • Incomplete records • Co-mingling funds • Lied on the application • Employing an unlicensed person • Unlicensed commissions • Not notifying the ADRE of convictions within 10 days
Here is the Arizona Real Estate Salesperson Exam Lesson 1 Introduction Arizona Real Estate Salesperson Exam Lesson 1 Introduction
Here is a free lesson for the Arizona Real Estate Salesperson Exam Lesson 1. The full series of lessons is available at the Website
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Arizona Real Estate Professional Organizations
Arizona Association of Realtors For real estate brokers and agents, and others in the real estate industry in AZ. Involved in education, government, professional standards, and getting real estate to the public. Creates contracts and forms to help with real estate transactions. It is made up of an executive board with a bunch of volunteer committees. Legislative and Political Affairs Committee (LPA) = protects private property rights, works with government, motivates members to civic actions. Rick Management Committee (RMC) Oversees form creation, the mediation program, legal hotline administration, arbitration. Services and Technology Committee (BST) Supports member communication, conducts surveys and research, support for computer application, such as eSign Professional and Business Development Committee (PBD), prepares tools to help members perform at a high professional level.
The Arizona Department of Real Estate (ADRE) = oversees licensure and regulation in the state. All real estate professionals need to be licensed through the ADRE. No one can be paid for real estate activities without a license.
Paid Activities: • Sell, exchange, purchase, rent, or lease real estate. • Offer to sell, exchange, purchase, rent, or lease real estate or timeshares. • Listing real estate • Auction real estate • Collecting rent • Advertising real estate • Negotiating real estate contracts
Obtaining a Salesperson’s License • The person must have good character. • Has not had a real estate license denied within the past year or revoked within the past two years. • The person must be 18 years old. • The person has completed 90 hours of pre-licensure education. • The person has completed the real estate exam. • The person has taken a six-hour continuing education course in contracts Law and Contract Writing.
Obtaining a Broker’s License • The person must have three years of actual experience as a real estate professional within the last five years. • The person must take another, more intensive exam.
Renewing a License • The person must submit for renewal every two years. • 24 hours of continuing education for salespeople • 30 hours of continuing education for brokers
Unlicensed Assistants • This person assists a licensed person to do certain activities under his or her supervision, such as: • Running personal errands. • Clerical/admin tasks • Preparing marketing materials • Data entry • Delivering documents • Making and confirming appointments
Here is the Florida Real Estate Salesperson Exam Lesson 1 Here is a free lesson for the Florida Real Estate Salesperson Exam Lesson 1. The full series of lessons is available at the Website
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Here is the California Real Estate Salesperson Exam Lesson 5 Here is a free lesson for the California Real Estate Salesperson Exam Lesson 5. The full series of lessons is available at the Website
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Here is the California Real Estate Salesperson Exam Lesson 4 Here is a free lesson for the California Real Estate Salesperson Exam Lesson 4. The full series of lessons is available at the Website
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Here is the California Real Estate Salesperson Exam Lesson 3 Here is a free lesson for the California Real Estate Salesperson Exam Lesson 3. The full series of lessons is available at the Website
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Here is the California Real Estate Salesperson Exam lesson 2 Here is a free lesson for the California Real Estate Salesperson Exam Lesson 2. The full series of lessons is available at the Website
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Here is the California Real Estate Salesperson Exam lesson 1 Here is a free lesson for the California Real Estate Salesperson Exam Lesson 1. The full series of lessons is available at the Website
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Ohio Real Estate Salesperson Exam Lesson 20 This is the 20th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 20 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
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Ohio Real Estate Salesperson Exam Lesson 19 This is the 19th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 19 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
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Ohio Real Estate Salesperson Exam Lesson 18 This is the 18th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 18 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 17 This is the 17th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 17 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 16 This is the 16th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 16 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 15 This is the 15th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 15 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 14 This is the 14th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 14 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 13 This is the 13th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 13 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 12 This is the 12th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 12 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 11 This is the 11th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 11 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 8 This is the 8th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 8 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 10 This is the 10th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 10 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 7 This is the 7th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 7 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 6 This is the 6th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 6 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 5 This is the 5th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 5 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 4 This is the 4th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 4 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 3 This is the 2nd sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 3 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
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Ohio Real Estate Salesperson Exam Lesson 2 This is the 2nd sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Ohio Real Estate Salesperson Exam Lesson 2 Real Estate Licensing in Ohio
Real Estate Broker = undertakes real estate business on behalf of another for a fee.
Real Estate Salesperson = also known as an agent. Has to work for someone else.
Eligibility in Ohio • 18 years old or older • Must have a high school diploma or equivalent • 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.) • Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer. • Must be sponsored by a broker. • Pay the application fee.
Post-Licensing Requirements • Within a year, 10 additional hours of real estate education • If not completed with 12 months, the license is suspended.
Broker’s License • Have to have worked as a salesperson or broker for two years • At least 30 hours per week for two out of the five previous years. • Has completed at least 20 real estate transactions.
Renewing a License • Licenses are valid for three years at a time. • 30 hours of continuing education are required for relicensurc. • Failure to renew will result in suspension.
Broker Requirements • Must have a physical place of business that is registered with the Superintendent. • Must notify the Superintendent of any changes in location, etc. • Must notify the Superintendent of all of the agents who are employed there and any staffing changes. • Must display their license in a public space in their office so that it is clearly visible. • Must avoid any misleading or discriminatory advertising.
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Virginia
Ohio Real Estate Salesperson Exam Lesson 1 This is the 1st sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.
These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.
The Full Table of contents may be found HERE Real Estate Governing Bodies Regulated by two agencies: the Ohio Real Estate Commission and the Ohio Division of Real Estate
The Real Estate Commission • Five member appointed by the governor • Four are active real estate agents with 10+ years of experience • One non-real estate professional who represents the public • No more than three members can be from one political party. • Each member serves for five years.
Duties of the Commission • Create the Code of Ethics for real estate professionals • Reviews any appeals • Administers the real estate education/research fund • Notifies licensees of changes to state/federal laws
Duties of the Ohio Division of Real Estate • Led by the Superintendent of Real Estate • The Superintendent is appointed by the Director of Commerce for an indefinite term from an approved list of six people • Carry out state law • Administer exams • Review records • Enforce license laws • Grant, refuse and revoke licenses
Disciplinary Actions • Misrepresentations • Dual agency without disclosure • Mishandling of funds • Compensates an unlicensed person with a commission • Hiding a criminal conviction • Practicing real estate without a license • Practicing real estate while impaired • Discrimination • Commingles funds • Breaking fiduciary duties • Charges hidden fees
Complaints are heard by the Ohio Division of Real Estate
Licensed Activities • Sales • Exchanges • Purchases • Loan negotiation • Advertising real property • Offers • Listing • Rentals
Unlicensed Activities • For sale by owner • Property manager employed by an owner • Trustee • Public servants on official business • Power of attorney • Court appointees • Employees of financial institutions
If you are looking for other Real Estate audio Lessons we have them for: California
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Virginia Real Estate Salesperson Exam Lesson 5 This is the 5th of five sample lessons that we will be sharing with you which will help you prepare for the Virginia real estate salesperson exam.
These Virginia real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Virginia real estate department for licensure.
Lesson 5: Real Estate and Real Property
Types of Ownership:
Land = Raw land without improvements, above and below. Real Estate = Land plus any improvements (houses, fences, fixtures, etc.) Personal Property = Moveable things (mobile home, etc.) Real Property = Real Estate plus all the rights that go with it.
The Bundle of Rights
Right of possession (alone or jointly) Right of quiet enjoyment Right to dispose (Transferring, bequeathing, easements, etc.) Right to encumber Right to the subsurface (oil, minerals, natural resources) Right to the air Right to the water (littoral vs. riparian) Right to hunt
Criteria for Fixtures
Method of attachment Adaptability Relationship of the parties Intent of the parties Agreement
Characteristics of Real Estate
Scarcity Price Location Improvements Not-liquid
Characteristics of Land
Immobility Indestructibility Uniqueness
If you are looking for other Real Estate audio Lessons we have them for: California
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Virginia Real Estate Salesperson Exam Lesson 4 This is the 4th of five sample lessons that we will be sharing with you which will help you prepare for the Virginia real estate salesperson exam.
These Virginia real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Virginia real estate department for licensure.
Lesson 4: Real Estate Salesperson Exam Lesson on Real Estate Investing
The capitalization rate is the rate of interest that you can consider a reasonable return on investment. The formula is this: cap rate = Net Operating Income/purchase price.
Benefits of Real Estate Investing
Cash flow from the property Long-term appreciation from the property Providing a hedge against inflation Gaining tax benefits (mortgage interest, wages for repairs, maintenance) Property can be used as leverage for other investments.
Drawbacks of Real Estate Investing
Your assets are not liquid. There can be a great deal of upkeep. Housing markets can fluctuate.
High cap rate = high risk
Low cap rate = low risk
Time Value of Money = Money in hand is more valuable than money that might be made in the future.
Rates of Depreciation
Residential properties depreciate over 27.5 years. Commercial properties depreciate over 39 years.
If you are looking for other Real Estate audio Lessons we have them for: California
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Virginia Real Estate Salesperson Exam Lesson 3 This is the third of five sample lessons that we will be sharing with you which will help you prepare for the Virginia real estate salesperson exam.
These Virginia real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Virginia real estate department for licensure.
Lesson 3: Owning a Home
Real estate professionals help people navigate complex laws, zoning ordnances and other regulations to find the kind of home they want and need.
Types of Housing
Condos Single-family homes (most common) Apartments (low-rise, mid-rise, and high-rise) Cooperatives Mobile Homes Modular Homes Time-Shares (Fee simple, Right-to-Use, Leasehold) Planned Unit Development (PUD) Retirement communities
Things to Consider in Home Ownership
Interest rate Length of the loan Down payment requirements
Types of Mortgage Loans
FHA Loans (Federal Housing Administration) VA Loans (Veterans Affairs) HUD Loans (Housing Urban Development)
Home Taxing Terms
Appreciation vs. Depreciation Capital gains vs. capital losses
Real Estate taxes can be assessed by various levels of government. They are typically based on the appraised value of the property.
Tax Advantages for Home Owners
Homeowners can deduct mortgage interest You can get a tax break for depreciation on your property Capital gains are not taxes unless they are over a certain amount
Virginia Tax Law
Local taxing authorities determine the value of real estate and then apply the local tax code to it. Certain types of property are tax exempt, such as churches, burying grounds, public libraries and learning institutions. Public parks and non-profit organizations are also exempt.
If you are looking for other Real Estate audio Lessons we have them for: California
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Florida
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Virginia Real Estate Salesperson Exam Lesson 2 This is the second of five sample lessons that we will be sharing with you which will help you prepare for the Virginia real estate salesperson exam.
These Virginia real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Virginia real estate department for licensure.
Lesson 2: The Business of Real Estate
Real estate brokers must be licensed in the state in which they are working.
Brokers can specialize in residential, commercial, and industrial property. They deal with the land and the rights that go with the land, such as water and mineral rights.
Real estate brokers act as an agent for others in a real estate transaction in exchange for a commission. Real estate salespeople have to work under the supervision of a real estate broker. Commissions are split between the broker and the agent.
Other real estate professions:
Appraisers Property managers Home inspectors Mortgage brokers Architects Contractors
Kind of Property
Residential property (single homes, multi-family dwellings) Commercial properties (retail stores, restaurants, offices, hotels, etc.) Mixed-use properties (mixes commercial and residential) Industrial properties (factories and warehouses) Agricultural properties (farms and ranches) Special purpose land (schools, church, etc.) Vacant land
Supply vs. Demand
Factors that Affect Supply
Fear of missing out Location Construction costs Local and state government influence
Factors that Affect Demand
Demographics of the area Economy of an area Interest rates
The Cycle of Real Estate
Recovery Expansion Hyper Supply Recession
If you are looking for other Real Estate audio Lessons we have them for: California
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This is the first of five sample lessons that we will be sharing with you which will help you prepare for the Virginia real estate salesperson exam.
These Virginia real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Virginia real estate department for licensure. Virginia Real Estate Salesperson Exam Lesson 1 Virginia Real Estate Law
Agent vs. Broker
Powers of the Real Estate Board
Ability to give licenses Ability to take away licenses
Requirements for a Real Estate Salesperson License
Reputation for honesty and fair play. Pass a background check. Must be in good standing in other states. Real estate licensing courses. Pass real estate exam. 18-years old High school diploma Submitted application with 12 months after the exam.
Some states allow for reciprocity.
Real Estate Salesperson Exam
120 total questions, 150 total minutes National topics, 80 questions, 105 minutes State topics 40 questions, 45 minutes
Real Estate Broker Exam
130 total questions, 160 total minutes National topics, 80 questions, 105 minutes State topics 50 questions, 55 minutes
Post License Education and Renewal
30 hours within a year or you will be placed in inactive status Licenses have to be renewed every two years Brokers need 24 hours of courses to renew. Salespersons need 16 hours of courses to renew. You can put yourself in inactive status and you will have to take courses to get back in active status. (Exceptions for military service.)
If you are looking for other Real Estate audio Lessons we have them for: California
Georgia
Florida
Texas
Washington
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