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Real Estate Principles Tenth Edition. Real Estate: An Introduction to the Profession Tenth Edition. How to Use This Text. Key Terms Topic Introduction Boldface type Vocabulary Review Chapter Questions & Problems. Chapter 1 _________________________ Introduction to Real Estate.

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Real Estate PrinciplesTenthEdition

Real Estate:

An Introduction to the Profession

Tenth Edition

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How to Use This Text

  • Key Terms

  • Topic Introduction

  • Boldface type

  • Vocabulary Review

  • Chapter Questions & Problems

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Chapter 1_________________________Introduction to Real Estate

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Real Estate is a Unique Subject

  • Complex legal theories

  • Unusual fact situations

  • Fun and interesting business

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Farm & Ranch

Property Management

Rental Services


Career Opportunities

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Government Services

Land Development

Urban Planning





Career Opportunities (continued)

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License Requirements

Any person who, for compensation or the promise of compensation

  • lists or offers to list

  • sells or offers to sell

  • buys or offers to buy

  • negotiates or offers to negotiate

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License Requirements (continued)

  • either directly or indirectly for the purpose of bringing about a sale, purchase, or option to purchase, exchange, auction, lease, or rental of real estate, or any interest in real estateis required to hold a valid real estate license.