© 2010 by cengage learning chapter 1 ________________ introduction to real estate

9
© 2010 by Cengage Learning Chapter 1 _______________ _ Introduction to Real Estate

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Page 2: © 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate

© 2010 by Cengage Learning

Key TermsTopic IntroductionBoldface typeVocabulary ReviewChapter Questions &

Problems

How to Use This Text

Page 3: © 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate

© 2010 by Cengage Learning

Real Estate is a Unique Subject

Complex legal theoriesUnusual fact situationsFun and interesting business

Page 4: © 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate

© 2010 by Cengage Learning

Overview of a Real

Estate Transaction with

Chapter Reference-

Page 5: © 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate

© 2010 by Cengage Learning

Career Opportunities Residential Commercial Industrial Farm & Ranch Property Management Rental Services Investor

Page 6: © 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate

© 2010 by Cengage Learning

Career Opportunities Appraising Government Services Land Development Urban Planning Financing Consulting Education Investing

Page 7: © 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate

© 2010 by Cengage Learning

License RequirementsAny 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

Page 8: © 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate

© 2010 by Cengage Learning

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 estate is required to hold a valid real estate license.

Page 9: © 2010 by Cengage Learning Chapter 1 ________________ Introduction to Real Estate

© 2010 by Cengage Learning

Review State Laws required to obtain a real estate license.