Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS)

Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS) Farming - licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market - Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building - When a developer acquires a large tract of land, records a subdivision plat map, and uses a model center from which sales may be made Local level - Government Regulation: At the local level, planning and zoning, property taxation, building, and health codes and regulations, and building moratoriums that affect development, play a significant role in the cost and desirability of real estate Purpose of the law - F.S. 475 to protect the public Commission or FREC - Refers to the Florida real estate commission Department or DBPR - Refers to the department of business and professional regulation Division or DRE - Refers to the division of real estate License - Means any permit, registration, certificate, or license issued by the department Licensee - Refers to any person to whom a permit, registration, certificate or license is issued by the department A BAR SALE - The most common services of real estate: Appraising Buying Auctioning Renting Selling Advertising Leasing Exchanging Sales associate - Must be employed by a real estate broker or owner developer to practice real estate *must complete all pre license requirements to obtain their initial license as a sales associate Broker - A person who performs services of real estate as an agent for another and receives compensation for those services either directly or indirectly A Sales