Module 1

Module 1 is an overview of the real estate profession, covering real estate brokerage activities, major sales specialties, property management, appraisal, development and construction, and mortgage brokers and mortgage bankers.

When you finish reading this module you will be able to:

  1. Describe the various activities of a real estate brokerage.
  2. Distinguish among the major sales specialties.
  3. Identify reasons why property management has grown in importance.
  4. Explain the provisions under Chapter 475.611, F.S. regarding appraising and federally related transactions.
  5. Explain the provisions under Chapter 475.25, F.S. regarding Uniform Standards of Professional Appraisal Practice compliance.
  6. Distinguish between a comparative market analysis and an appraisal.
  7. Explain the three phases of development and construction.
  8. Distinguish among the three categories of residential construction.
  9. Understand the licensing requirements of mortgage bankers and mortgage brokers.

 

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