Real Estate Exam Prep - Real Estate Study Guide from Udemy

What's inside

Syllabus

Introduction

Learn about the course: How To Get Into Real Estate And Pass The Real Estate Exam!

Learn about how to turn personal items into real property

Learn the differences between real and personal property.

Learn about fixtures in real estate.

Learn about the different rights associated with property ownership

Learn the different rights of ownership and the bundle of rights.

Learn about surface, air, and water rights in real estate ownership.

Learn about the different types of property ownership

Learn about freehold estates.

Learn about leasehold estates.

Learn about the different types of ownership in real estate.

Learn about some of the hurdles to overcome with selling real estate

Agents can get very creative when searching for listing prospects. They might mail flyers or knock on doors. These are great things. But what about creating fear in sellers to force the sell of a property? This

Learn about what must be disclosed in a real estate transaction.

Learn about the duties an agent owes to clients and customers.

Learn the various types of employment relationships between broker and principal

Learn about agency relationships in real estate.

Learn about the different types of agency in real estate.

Learn about the reason and repercussions of terminating a real estate contract.

Understand the differences between the various types of listing agreements

So you found someone who wants to sell their property. Now what? This lecture describes the forms used to turn a listing prospect into a client.

Learn about the different types of listing agreements used in real estate transactions.

Learn how appraisers give value to real property

Learn the process appraisers use to value property.

Learn the important role location plays in real estate.

Learn how appraisers apply the cost approach to valuing property

Learn how to use the cost approach in valuing real estate.

Learn how to factor depreciation in real estate.

Learn how appraisers give value to income producing properties

Learn how to value property using the income approach and capitalization rate.

Learn about the legal ways to describe property

Learn about the various descriptions for defining real estate.

Learn about the government rectangular survey in describing real estate.

Learn about the metes and bounds method to describe real estate.

Learn about the lot and block method to describing real estate.

Learn about the contract used to purchase property

Learn about sales contracts, contingencies and additional items in a real estate transaction.

Learn the process from offer to contract

Learn about sales contracts and negotiations in real estate.

Learn about equitable title in real estate.

Understand the options when someone unlawfully exits a contract

Learn about a breach of contract and the repercussions in a real estate transaction.

Learn about less common types of sales contracts

Learn about land contracts and option contracts in real estate transactions.

Learn about mortgages and requirements of mortgages

Learn about mortgages in real estate.

Learn the differences between mortgages, notes and trust deeds in real estate transactions.

Learn about the various requirements of mortgages and notes in real estate transactions.

Learn about assigning contracts, assuming contract, and "subject to mortgage" in real estate transactions.

Learn about the various organizations that lend money and buy mortgages.

Learn about the primary and secondary mortgage markets in real estate.

Learn about the mortgage insurance and how it impacts each loan type

Learn the basics of mortgage insurance programs.

Learn about FHA loans in real estate.

Learn about VA loans in real estate.

Learn how municipal governments determine property taxes and how that affects the homeowner

Learn how to determine property taxes and the difference between assessed value and market value.

Learn about the various types of deeds and requirements to make them legal

Learn about the various types of deeds in real estate.

Learn about the requirements for a valid deed in real estate.

Learn about the different types of closings and how agents are compensated

Learn about traditional closings and escrow closings in real estate transactions.

Learn about how real estate agents get paid.

Conclusion

Thank you for completing the course: How To Get Into Real Estate And Pass The Real Estate Exam!

Locate the Real Estate Commission for your state!

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Explores foundational concepts essential for passing the Real Estate Exam

Covers advanced concepts, providing a comprehensive foundation for real estate professionals

Suitable for learners in all 50 states, ensuring applicability across various jurisdictions

Addresses common pitfalls faced by real estate agents, enhancing practical knowledge

Taught by Jeff Crowe, an experienced real estate professional

May require additional resources for learners with no prior real estate knowledge

Reviews summary

Comprehensive real estate exam preparation

Learners say this course is a comprehensive way to prepare for the real estate exam. Students appreciate the engaging lectures and supplemental course materials.

Lectures are engaging and informative

"I found the lectures to be very engaging."

Provides thorough coverage of exam topics

"I learned a lot from the lectures."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Real Estate Exam Prep - Real Estate Study Guide with these activities:

Organize your notes and materials

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Organize your notes and materials to improve your understanding and retention of the course content.

Browse courses on Note-Taking

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Review your notes and identify key concepts.
Organize your notes into logical sections.
Create summaries or flashcards for important topics.

Review Contract Law

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Refine your understanding of Contract Law before starting Real Estate to improve your comprehension of subsequent lessons.

Browse courses on Contract Law

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Review notes from a previous Contract Law course.
Take practice quizzes and answer questions on Contract Law.
Consult legal textbooks or online resources for Contract Law.

Read "Real Estate Finance and Investments" by William B. Brueggeman

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Read "Real Estate Finance and Investments" to supplement your understanding of real estate principles and practices.

View ISE Real Estate Finance & Investments on Amazon

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Read the assigned chapters and take notes.
Summarize the key concepts in your own words.
Identify any areas where you need further clarification.

Six other activities

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Review legal terms and contract law

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Review legal terms and contract law to refresh your knowledge and ensure a strong foundation for the course.

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Review key legal terms such as breach of contract, consideration, and duress.
Familiarize yourself with different types of contracts, such as purchase agreements and leases.
Understand the basics of contract formation and enforcement.

Follow tutorials on real estate valuation techniques

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Follow tutorials on real estate valuation techniques to enhance your understanding of how to assess property value.

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Find tutorials on real estate valuation techniques.
Follow the instructions and complete the exercises.
Apply the techniques to practice problems.

Practice solving real estate problems

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Practice solving real estate problems to improve your understanding of the concepts and calculations involved.

Browse courses on Property Valuation

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Find practice problems online or in textbooks.
Break down the problem into smaller steps.
Apply the relevant formulas and concepts to solve the problem.
Check your answer against the provided solutions.

Join a real estate study group

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Join a real estate study group to collaborate with peers, discuss concepts, and prepare for the exam.

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Identify or form a real estate study group.
Meet regularly to discuss course materials.
Collaborate on practice problems and exam preparation.

Attend real estate industry events

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Attend real estate industry events to connect with professionals and learn about the latest trends and best practices.

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Identify and attend relevant real estate industry events.
Network with professionals and exchange ideas.
Stay updated on the latest industry news and developments.

Create a real estate investment plan

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Create a real estate investment plan to apply your knowledge and develop a strategy for investing in real estate.

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Determine your investment goals and objectives.
Research different real estate markets.
Identify potential investment properties.
Analyze the financial viability of your investment.
Develop a plan for managing and financing your investment.

Career center

Learners who complete Real Estate Exam Prep - Real Estate Study Guide will develop knowledge and skills that may be useful to these careers:

Real Estate Agent

Real Estate Agents represent buyers and sellers of real estate, providing guidance and expertise throughout the buying and selling process. This course will provide you with a deep understanding of the core concepts of real estate, including property rights, different types of ownership, and real estate contracts. This knowledge will give you a strong foundation for success as a Real Estate Agent, helping you to effectively navigate the complex world of real estate transactions and provide valuable advice to your clients.

See salaries and explore the career path for Real Estate Agent

Real Estate Broker

Real Estate Brokers manage real estate transactions and supervise Real Estate Agents. This course will provide you with a comprehensive understanding of the real estate industry, including the legal and ethical responsibilities of real estate professionals. This knowledge will help you to build a successful career as a Real Estate Broker, enabling you to effectively manage real estate transactions and lead a team of real estate professionals.

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Property Manager

Property Managers oversee the day-to-day operations of residential and commercial properties, ensuring that they are well-maintained and in compliance with all applicable laws and regulations. This course will provide you with a solid understanding of the legal and financial aspects of property management, as well as the skills necessary to effectively manage a property portfolio. This knowledge will help you to succeed as a Property Manager, enabling you to build a successful career in the real estate industry.

See salaries and explore the career path for Property Manager

Real Estate Appraiser

Real Estate Appraisers determine the value of real property for a variety of purposes, such as mortgage lending, tax assessments, and estate planning. This course will provide you with a thorough understanding of the principles and techniques of real estate appraisal, as well as the ethical and legal responsibilities of real estate appraisers. This knowledge will help you to build a successful career as a Real Estate Appraiser, enabling you to provide accurate and reliable valuations of real property.

See salaries and explore the career path for Real Estate Appraiser

Real Estate Developer

Real Estate Developers acquire, develop, and manage real property for a variety of purposes, such as residential, commercial, and industrial uses. This course will provide you with a comprehensive understanding of the real estate development process, including land acquisition, financing, construction, and marketing. This knowledge will help you to succeed as a Real Estate Developer, enabling you to build a successful career in the real estate industry.

See salaries and explore the career path for Real Estate Developer

Real Estate Investor

Real Estate Investors acquire and manage real property for the purpose of generating income or capital appreciation. This course will provide you with a solid understanding of the principles and strategies of real estate investing, as well as the legal and financial aspects of real estate ownership. This knowledge will help you to succeed as a Real Estate Investor, enabling you to build a successful portfolio of real estate investments.

See salaries and explore the career path for Real Estate Investor

Mortgage Loan Officer

Mortgage Loan Officers originate and process mortgage loans for borrowers who are purchasing or refinancing a home. This course will provide you with a thorough understanding of the mortgage lending process, as well as the different types of mortgage loans available. This knowledge will help you to succeed as a Mortgage Loan Officer, enabling you to build a successful career in the mortgage lending industry.

See salaries and explore the career path for Mortgage Loan Officer

Real Estate Attorney

Real Estate Attorneys represent clients in a variety of real estate transactions, including buying, selling, and leasing property. This course will provide you with a solid understanding of the legal aspects of real estate transactions, as well as the ethical and professional responsibilities of real estate attorneys. This knowledge will help you to succeed as a Real Estate Attorney, enabling you to provide valuable legal advice and representation to your clients.

See salaries and explore the career path for Real Estate Attorney

Title Examiner

Title Examiners research and analyze land records to determine the ownership and title to real property. This course will provide you with a thorough understanding of the principles and procedures of title examination, as well as the legal and ethical responsibilities of title examiners. This knowledge will help you to succeed as a Title Examiner, enabling you to build a successful career in the title insurance industry.

See salaries and explore the career path for Title Examiner

Real Estate Paralegal

Real Estate Paralegals assist attorneys with a variety of real estate transactions, including drafting and reviewing contracts, conducting title searches, and preparing closing documents. This course will provide you with a solid understanding of the legal aspects of real estate transactions, as well as the practical skills necessary to succeed as a Real Estate Paralegal. This knowledge will help you to build a successful career in the legal field.

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Real Estate Photographer

Real Estate Photographers specialize in taking photographs of homes and other properties for marketing purposes. This course will provide you with a solid understanding of the principles and techniques of real estate photography, as well as the different types of equipment and software used in the industry. This knowledge will help you to succeed as a Real Estate Photographer, enabling you to build a successful career in the real estate industry.

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Real Estate Surveyor

Real Estate Surveyors measure and map land boundaries, which is essential for a variety of purposes, such as land development, property sales, and legal disputes. This course will provide you with a solid understanding of the principles and techniques of real estate surveying, as well as the legal and ethical responsibilities of real estate surveyors. This knowledge will help you to succeed as a Real Estate Surveyor, enabling you to build a successful career in the surveying industry.

See salaries and explore the career path for Real Estate Surveyor

Real Estate Investment Analyst

Real Estate Investment Analysts evaluate and analyze real estate investments for a variety of purposes, such as portfolio management, investment decisions, and financial planning. This course will provide you with a solid understanding of the principles and techniques of real estate investment analysis, as well as the different types of real estate investments available. This knowledge will help you to succeed as a Real Estate Investment Analyst, enabling you to build a successful career in the real estate investment industry.

See salaries and explore the career path for Real Estate Investment Analyst

Real Estate Asset Manager

Real Estate Asset Managers oversee and manage real estate portfolios for a variety of clients, such as individuals, institutions, and corporations. This course will provide you with a solid understanding of the principles and techniques of real estate asset management, as well as the legal and ethical responsibilities of real estate asset managers. This knowledge will help you to succeed as a Real Estate Asset Manager, enabling you to build a successful career in the real estate industry.

See salaries and explore the career path for Real Estate Asset Manager

Real Estate Consultant

Real Estate Consultants provide advice and guidance to clients on a variety of real estate matters, such as buying, selling, and investing in property. This course will provide you with a solid understanding of the principles and practices of real estate consulting, as well as the different types of real estate consulting services available. This knowledge will help you to succeed as a Real Estate Consultant, enabling you to build a successful career in the real estate industry.

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Real Estate Exam Prep - Real Estate Study Guide

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Reviews summary

Comprehensive real estate exam preparation

Activities

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