salesperson prelicense course l.
Download
Skip this Video
Download Presentation
SALESPERSON PRELICENSE COURSE

Loading in 2 Seconds...

play fullscreen
1 / 46

SALESPERSON PRELICENSE COURSE - PowerPoint PPT Presentation


  • 122 Views
  • Uploaded on

SALESPERSON PRELICENSE COURSE. Module 1. Attendance Policy. 100% attendance required. Course Objectives. . Overview – Module 1 & 2. References. Mastering Real Estate Principles or Modern Real Estate Practice Realty Bluebook – Financial Tables Idaho Real Estate: Practice and Law

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'SALESPERSON PRELICENSE COURSE' - keren


Download Now An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
salesperson prelicense course

SALESPERSON PRELICENSE COURSE

Module 1

Idaho Real Estate Commission

attendance policy
Attendance Policy
  • 100% attendance required

Idaho Real Estate Commission

course objectives
Course Objectives

  • Overview – Module 1 & 2

Idaho Real Estate Commission

references
References
  • Mastering Real Estate Principles or Modern Real Estate Practice
  • Realty Bluebook – Financial Tables
  • Idaho Real Estate: Practice and Law
  • Idaho Real Estate License Law and Rules

Idaho Real Estate Commission

real estate business idaho license law
Real Estate Business & Idaho License Law
  • Brokerage
  • Appraisal
  • Counseling
  • Education
  • Financing
  • Property Development
  • Property Management

Big

Business!

Idaho Real Estate Commission

classes
Classes
  • Residential
  • Commercial
  • Industrial
  • Agricultural
  • Special Purpose

Idaho Real Estate Commission

history national
History—National

Idaho Real Estate Commission

history idaho
History—Idaho

Idaho Real Estate Commission

trade organizations other agencies professionals
REALTORS®

Government

ARELLO

Brokers & Associates

Appraisers

Attorneys

Accountants

County Assessor

P&Z

City Council & County Commissioners

School Districts

Utility Companies

Engineering Surveyors

Home Inspectors

Title Companies

Others?

Trade Organizations, Other Agencies & Professionals

Idaho Real Estate Commission

purpose of license laws
Purpose of License Laws
  • Why?
  • Who?
  • Enforcement

Idaho Real Estate Commission

disciplinary actions
Disciplinary Actions
  • Grounds
  • Recovery Fund

Idaho Real Estate Commission

preparing for practice
Preparing for Practice
  • Licensing Requirements
    • Fingerprinting
    • Education
    • License Exam
    • E&O Insurance
    • Application
  • License Period
    • Calculate Yours!
    • Renewal
    • License Changes

Idaho Real Estate Commission

continuing education
Continuing Education
  • What is Required?
  • Resources
  • Other Education?

Idaho Real Estate Commission

start up costs
Start-Up Costs
  • Licensure
  • Professional Affiliations
  • Monthly Fees
  • Auto
  • Tools/Equipment

Idaho Real Estate Commission

selecting a broker company
Selecting a Broker & Company
  • Resume & Interview
  • Relationship
  • Location
  • Personal Assistants
  • Office Policy & Procedure Manual
    • Office Policy on Agency
  • Insurance
  • Sales Meetings
  • Training
  • Advertising
  • What Costs are Paid?
  • Franchise Affiliation or Independent

Idaho Real Estate Commission

compensation
Compensation
  • Sources
  • Non-Financial Compensation
  • Bonus Program?
  • Commission Basics
  • Commission Basics

Idaho Real Estate Commission

math basics
Math Basics

Idaho Real Estate Commission

antitrust
Antitrust
  • Price-Fixing
  • Group Boycotting
  • Allocation of Customers or Markets
  • Tie-In Agreements
  • Penalties

Idaho Real Estate Commission

going to work for a broker
Going to Work for A Broker
  • Goals
  • Time Management
  • Record Keeping
  • Marketing
  • Sources
  • Communication

Idaho Real Estate Commission

most common complaints
Most Common Complaints

Idaho Real Estate Commission

different perspectives
Different Perspectives
  • Characteristics
    • Physical
    • Economics
  • The Market
    • Characteristics
    • Factors that Affect Supply & Demand

Idaho Real Estate Commission

advantages
Advantages
  • Tangible vs. Intangible
  • Appreciation
  • Equity
  • Income Producing
  • Inflation Hedge
  • Leverage
  • Taxes

Idaho Real Estate Commission

disadvantages
Disadvantages
  • Not Liquid
  • Management
  • $$$
  • Immobility

Idaho Real Estate Commission

real property the law
Real Property & the Law
  • Land – What is it?
  • Real Estate
  • Personal Property

Idaho Real Estate Commission

real property
Real Property
  • Tangible
  • Intangible
  • Manufactured Housing

Idaho Real Estate Commission

legal descriptions
Legal Descriptions
  • References
  • Adequate Requirements

Idaho Real Estate Commission

government rectangular survey system
Government Rectangular Survey System

Idaho Real Estate Commission

legal descriptions cont
Legal Descriptions (cont.)
  • Metes & Bounds
  • Recorded Plat – Lot & Block – Subdivisions
  • Elevation
  • Contour Maps

Idaho Real Estate Commission

real estate interests
Real Estate Interests
  • Freehold Interests
    • Fee Estates
    • Life Estates
  • Leasehold Estates
    • Idaho Statutes (leases)

Idaho Real Estate Commission

forms of ownerships how ownership is held
Forms of Ownerships & How Ownership is Held
  • Severalty (Sole Ownership)
  • Concurrent (Co-Ownership)
  • Business Ownership

Idaho Real Estate Commission

transferring title
Transferring Title
  • Death
  • Accession
  • Occupancy
  • Transfer

Idaho Real Estate Commission

conveyance documents
Conveyance Documents
  • Valid Deed
  • Deed Parts
    • Premises Section
    • Habendum Clause
    • Execution Clause
    • Acknowledgment
  • Classification of Deeds

Idaho Real Estate Commission

limitations on rights of ownership
Limitations on Rights of Ownership
  • Encumbrances – Physical Use
    • Public
    • Private
  • Encumbrances – Title

Idaho Real Estate Commission

encumbrances physical use
Encumbrances – Physical Use
  • Public
    • Escheat
    • Air
    • Water
    • Land-Use Controls

Idaho Real Estate Commission

environmental hazards
Environmental Hazards
  • Asbestos
  • Lead-Based Paint
  • Radon Gas
  • Urea Formaldehyde
  • Carbon Monoxide
  • Electromagnetic Fields
  • Mold
  • Meth labs
  • Underground Storage Tanks
  • Waste Disposal Sites
  • Others???

Idaho Real Estate Commission

cercla superfund
CERCLA & Superfund

Idaho Real Estate Commission

fair housing history
Fair Housing—History
  • 1866 – Civil Rights Act
    • All citizens of the United States shall have the same right in every State and Territory, as is enjoyed by white citizens thereof to inherit, purchase, lease, sell, hold and convey real and personal property.
  • 1948 – Shelley vs. Kramer

Idaho Real Estate Commission

fair housing history cont
Fair Housing—History (cont.)
  • 1968 – Civil Rights Act
    • Title VII of the act, the Fair Housing Act, outlaws discrimination in the sale or rental of housing on the basis of
      • Race, Color, Religion, or National Origin.
  • 1968 – Jones vs. Mayer
  • 1974 – Housing & Community Dev. Act
      • Gender
  • 1988 – Fair Housing Amendment
      • Familial Status
      • Handicap

Idaho Real Estate Commission

fair housing exemptions
Fair Housing—Exemptions
  • Single-family home if:
    • No more than 3 owned
    • Only 1 exempt in 24-month period
  • Rental in buildings w/ 4 or less family units if owner occupied
  • Private clubs

Idaho Real Estate Commission

fair housing
Fair Housing
  • Blockbusting
  • Steering
  • Redlining
  • Exclusionary Land Use
  • Advertising

Idaho Real Estate Commission

american s with disabilities act
American’s With Disabilities Act

Idaho Real Estate Commission

encumbrances physical use42
Encumbrances – Physical Use
  • Private
    • Easements
    • Boundary by Agreement
    • Licenses
    • Deed Restrictions
    • Encroachments

Idaho Real Estate Commission

encumbrances title liens
Encumbrances – Title (Liens)
  • Specific Equitable – Voluntary
    • Mortgages
    • Vendor/Vendee Liens
    • Bail Bond Lien
  • Specific Statutory
    • Mechanic’s Liens
    • Property Taxes
  • General Statutory

Idaho Real Estate Commission

property taxes timeline
Property Taxes - Timeline

Idaho Real Estate Commission

agency relationships
Agency Relationships
  • Fiduciary (Common Law)
  • Statutory
    • Creation
    • Duties
      • Customer
      • Client
      • Limited Dual Agency
    • Duration

Idaho Real Estate Commission

course evaluation
Course Evaluation!

Idaho Real Estate Commission