Real Estate Principles Tenth Edition Real Estate: An Introduction to the Profession Tenth Edition.

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Presentation transcript:

Real Estate Principles Tenth Edition Real Estate: An Introduction to the Profession Tenth Edition

How to Use This Text Key Terms Topic Introduction Boldface type Vocabulary Review Chapter Questions & Problems

Chapter 1 _________________________ Introduction to Real Estate

Real Estate is a Unique Subject Complex legal theories Unusual fact situations Fun and interesting business

Overview of a Real Estate Transaction

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

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

License Requirements Any 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

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.

Review State Laws required to obtain a real estate license.