Description
The goal of the 48-hour Missouri Salesperson Pre-Examination course is to prepare learners to take the licensing exam and to begin a successful career in real estate. This course explores the major relationships, processes, requirements, and documents common in the real estate industry.
This Missouri Salesperson Pre-Examination course contains the following topics:
- Agency Relationships and Contracts
- Agency Relationships
- Theory and Concepts About Contracts
- Purchase Contracts
- Listing and Buyer Representation Agreements
- Real Property Ownership/Interest
- Rights of Ownership
- Types of Ownership
- Leasehold Interest
- Forms of Business Ownership
- Land Use, Private Restrictions, and Matters Affecting Ownership
- Government Powers
- Finance
- Basic Concepts and Terminology
- Methods of Financing
- Financing Instruments
- Government Oversight
- Lending Process
- Real Property
- Methods of Legal Descriptions of Land
- Methods of Measurement
- Property Valuation
- Methods of Valuation
- Conveyance of Real Property
- Marketing Regulations (Purchase and Rental)
- Property Advertising Disclosures
- Licensee Advertising
- Fair Housing
- Property Management
- General Principals of Property Management Agreements
- Basic Provisions of Property Management Agreements
- Types of Contracts
- Duties and Obligations of the Parties
- Market Analysis and Tenant Acquisition
- Accounts and Disbursements
- Property Maintenance and Improvements
- Real Estate Calculations
- Compensation, Commission and Fees
- Valuation/Market Sales Price and Yields
- Net to Seller, Cost to Buyer (Debits and Credits)
- Tax and Other Prorations
- Points
- Loan to Value Ratio
- Measurements (square footage, acreage, volume)
- Property Management/Investment (rate of return)
- Missouri License Law
- General Rules
- Licenses
- Educational Rerquirements
- Business Conduct and Practices
- Disciplinary Proceedings
- Computations and Closing
