45-Hour Post-Licensing Course for Florida Real Estate Sales Associates
This course has been approved By FREC, to meet the requirements of post-licensing education for a sales associate.
For Florida Real Estate Sales Associates
Requirements
Students taking this course must be licensed real estate agents looking to renew their license for first time, this course could be taken after the license was issued for first time and prior to its expiration date.
Description
This course will not only be useful towards your license renewal, but it will also improve your business skills because it includes training in business plans, searching for listings, pricing properties, time management, listing presentations, listing contracts, working with home buyers, sales contracts, Consumer Financial Protection Bureau, residential mortgages, residential financing, closing transactions, investment properties and property management.
This post-licensing course has been approved by the Florida Real Estate Commission (FREC) and DBPR, and it is following all requirements for first-license renewal. The course includes two practice exams that will help you prepare for the end-of-course exam, which has 100 multiple-choice questions of which you must answer at least 75 correctly to pass the course, in case you fail your final exam you will have a second attempt opportunity. Upon passing your exam, the DBPR will be notified electronically, and you will be able to complete the steps to renew your license. Do not forget to pay the renewal fees to the DBPR if you have not already paid them.
Verify our course licenses here: CRS14654
Welcome!
Objectives
1.1. Why write a plan
1.2. Parts of a Business Plan
1.3 Cover Page
1.4. Table of contents
1.5. Executive Summary
1.6. The Company
1.7. Products / Services
1.8. Market Analysis
1.9. Marketing Strategies
1.10. Management Team
1.11. Financial Plan
1.11.1. Break Even Analysis
111.2. Sources and Uses of Funds
1.11.3. Balance Sheet
1.11.4. Profit and Loss Statement
1.11.5. Cash Flow Statement
1.12. Supporting Documents
1.13. Business plan software
Business Plan Video
Summary
Quiz Session 1
Objectives
Overview
Prospecting for Listings
2. 1. Sphere of Influence
2.2. Expired Listings
2.3. Farming
2.4. For Sale by Owner FSBO
2.5. Canvassing
Do no Call Registry
Florida do not call
Changes to the Do Not Call Law
Penalties for Breaking the Law
Summary
Definition of Key Terms Session 2
Quiz Session 2
Objectives
Introduction
3.1. Opinion of Value
3.2. Principles of Value
3.3. Comparative Market Analysis CMA
3.4. Analysis of Value
3.5. CMA using comparable sales and listings without making adjustments
3.6. Computer Generated CMAs
3.7. Case Study
Summary
Definition of Key Terms Session 3
Quiz Session 3
4.1 Listing Presentation
Introduction
4.1.1. Generating trust and empathy
4.1.2. Explain the pricing process
4.1.3. Calculating the seller's net Proceeds
4.1.4. Advantages of hiring an agent
4.1.5. Asking for the Listing
4.2. Time Management
4.2.1. Process of Effective Time Management
4.2.2. To Do List
4.2.3. To Do List Hints for Real Estate Agents
4.2.4. Handling Paperwork
4.2.5. Using Calendars
4.2.6. Obstacles to effective time management
4.2.7. Overcoming obstacles
4.2.8. Delegation
Summary
Definition of Key Terms
Quiz Session 4.1.
Quiz Session 4.2.
Objectives
Overview
5.1. Open Listings
5.2. Exclusive Agency Listing
5.3. Exclusive Right-of-Sale Listing
5.3.1 Exclusive Right-of-Sale Listing (PDF Sample)
5.4. Parts of the “Exclusive Right of Sale” Contract
5.5. Explaining the contract to the seller
5.6. Marketing the Property
5.7. Preparation of the House
5.8. Service
5.9. Case Study
Summary
Definition of Key Terms Session 5
Quiz Chapter 5
Objectives
Introduction
6.1. Calls Originated by Advertising
6.2. Calls Originated by Signs Posted in the House Yard
6.3. Previous Customers
6.4. Friends and Family
6.5. Visitors to an Open House
6.6. Prospecting
6.7. Attendees to a Buyer’s Seminar
6.8. Farm
6.9. Qualifying the Buyer
6.10. Process Description
6.11. Financial Qualification
6.12. Preparing the Customer to Buy
6.13. Contract between Brokerage and Buyer
6.14. Showing Property
Summary
Definition of Key Terms Session 6
Quiz Session 6
Objectives
Overview
7.1. Contract
7.2. Statute of Frauds
7.3. Sales Contract
7.4. Online Contract Formats
7.5. Printed Formats
7.6. Responsibility
7.7. Time Is of the Essence
7.8. Gathering Information
7.9. FAR Residential Sale and Purchase Contract (PDF Sample)
7.10. Completing the Contract
7.11. Options Contract
7.12. Helping the Buyer Decide
7.13. Presenting the Offer
7.14. Seller Response
Summary
Definition of Key Terms
Quiz Chapter 7
Objectives
Overview
8.1. Equal Credit Opportunity Act.
8.2. Fair Credit Reporting Act
8.3. Credit Score
8.4. Truth in Lending Act
8.5. Real Estate Settlement Procedures Act
8.5.1. Loan Estimate
8.5.1. Loan Estimate (PDF Form)
8.5.1 Loan Estimate Case Study
8.5.1. Loan Estimate Case Study Solution PDF
8.5.2. Closing Disclosure
8.5.2. Closing Disclosure PDF Form
8.5.2. Closing Disclosure PDF Example
8.6. Homeowners Protection Act.
Summary
Definition of Key Terms Session 8
Quiz Session 8
Objectives
Introduction
9.1. Search for Mortgage Loans
9.2. Annual Percentage Rate (APR)
9.3. Truth in Lending Act
9.4. Regulation Z
9.5. PITI Payment
9.6. Fixed Rate Mortgages
9.7. Adjustable Rate Mortgages (ARM)
9.8. FHA Adjustable Rate Mortgage
9.9. Bonus Money for First-time Homebuyers
9.10. Mortgage Insurance
9.11. Case Study
Summary
Definition of Key Terms Session 9
Quiz Session 9
Objectives
10.1. Getting Financing
10.2. The Mortgage Market
10.3. Mortgage Fraud
10.4. Types of Fraud
10.5. Signs of Fraud
10.6. Loan Modification
10.7. Appraisal Law
10.8. Qualifying the Borrower
10.9. Title
10.10. Title Insurance
10.11. Survey
10.12. Defect or Cloud on Title
Summary
Definition of Key Terms Session 10
Quiz Session 10
Objectives
Introduction
11.1. How to Avoid Problems at Closing
11.2. Sales Information Sheet
11.3. Pre-closing Activities
11. 4. Closing Disclosure
11.5. Documentary Stamp Taxes and Intangible Taxes
11.6. Closing Disclosure Forms PDF
11.6.1. Closing Disclosure PDF Example
11.7. At the Closing Table
11.8. Duties after Closing
Summary
Definition of Key Terms Session 11
Quiz Session 11
Objectives
Introduction
12.1. General Business Economy
12.2. The Real Estate Economy
12.3. Real Estate Market in Florida
12.4. Real Estate Investments
12.5. Types of Investment
12.6. Market Analysis
12.7. Financial Analysis
12.8. Property Management
12.9. Types of Residential Properties
12.10. Management Contracts
12.11. Property Maintenance
12.12. Advertising the Property
12.13. Leasing contract
12.14. Landlord and Tenant Act
12.15. Operating Financial Reports
12.16. Licensing Requirements in Florida
Summary
Definition of Key Terms Session 12
Quiz Session 12
Objectives
Overview
13.1 Taking over the property
13.2 Getting the Rental Property Ready
13.3 Selecting Your Tenants
13.4 Moving in Tenants
13.4 Moving in tenants (moving in and out check list) PDF
13.5 Collecting the Rent
13.6 keeping Good Tenants
13.7 Dealing with Problem Tenants
13.8 Tenants Moving Out
13.9 Maintaining the Property
13.10. Keeping Things Safe
13.11. Insurance
13.12. Rental Taxes
13.13. Financial Management
13.13.1. Budgeting
13.13.2. Bookkeeping
13.13.3. Cash Flow
13.13.4. Profit and Loss (P&L) Statement
13.13.5. Accounting Software
13.14. Security Deposits and Rental Contracts
13.14. Security Deposits and Rental Contracts (Cont)
13.14. Security Deposits and Rental Contracts (Cont)
13.14. Security Deposits and Rental Contracts (Cont)
13.14.2.3. Residential Single Family Home Contract PDF Forms
13.14.2.3 Residential Multifamily Rental Contract PDF Form
Quiz Session 13
Practice Exam 1
Practice Exam 2
End of Course Exam
easy to use and get through the course on my schedule.
easy to use and get through the course on my schedule.
Read LessExcellent course, the way it's laid out and structured is exemplary in it's field, also had occasion to speak with their IT department who were most helpful.
Excellent course, the way it's laid out and structured is exemplary in it's field, also had occasion to speak with their IT department who were most helpful.
Read LessVery simple format. Great prep for the test. Highly recommend.
Very simple format. Great prep for the test. Highly recommend.
Read LessThis course was an invaluable tool in my continued education. Everything was laid out in a very easy to understand way. I would recommend this course to anyo...
Read MoreThis course was an invaluable tool in my continued education. Everything was laid out in a very easy to understand way. I would recommend this course to anyone who is looking.. I will definitely be utilizing USA RE Academy for all my future courses! Dan
Read Lessa really good clear representation of what is needed to pass the 45 hour exam. I was a reluctant student at first but Mr. Lopez helped me through it.
a really good clear representation of what is needed to pass the 45 hour exam. I was a reluctant student at first but Mr. Lopez helped me through it.
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