Real Estate Principles Tenth Edition

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Real Estate PrinciplesTenth Edition

• Real Estate
• An Introduction to the Profession
• Tenth Edition

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How to Use This Text

• Key Terms
• Topic Introduction
• Boldface type
• Vocabulary Review
• Chapter Questions Problems

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Chapter 1_________________________Introduction
to Real Estate
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Real Estate is a Unique Subject

• Complex legal theories
• Unusual fact situations
• Fun and interesting business

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Overview of a Real Estate Transaction
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Career Opportunities

• Residential
• Commercial
• Industrial
• Farm Ranch
• Property Management
• Rental Services
• Investor

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Career Opportunities (continued)

• Appraising
• Government Services
• Land Development
• Urban Planning
• Financing
• Consulting
• Education
• Investing

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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

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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 estateis
  required to hold a valid real estate license.

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Review State Laws required to obtain a real
estate license.