Real Estate License Exams

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How to Calculate Appreciation and Depreciation for the Real Estate License Exam

Appreciation and depreciation are issues that come up frequently on the Real Estate License Exam. Appreciation is an increase in a property’s value caused by factors like inflation, increasing demand, [more…]

How to Estimate Appraised Value for the Real Estate License Exam

As a real estate agent, you won’t be doing appraisals, but you will use these formulas to estimate property values for the Real Estate License Exam. The only real math-driven formulas for appraising, at [more…]

How to Calculate Government Depreciation for the Real Estate License Exam

Although in the real world, accountants working for real estate investors usually do these calculations, Real Estate License Exam writers will expect you to understand and be able to apply the basics. [more…]

Real Estate Profession Basics for the Real Estate License Exam

The Real Estate License Exam will expect you to have a basic grasp on real estate professions. You’d think that simply knowing what the main players do in a real estate business is pretty obvious, but [more…]

Buyer Agency Agreements on the Real Estate License Exam

The Real Estate License Exam will likely have questions about buyer agency agreements. Traditional real estate brokerage continues to primarily represent sellers; however, as buyers became aware that they [more…]

Listing Agreements on the Real Estate License Exam

Listing agreements will be covered on the Real Estate License Exam. A listing agreement establishes an agency relationship between an agent and a property seller. The agent agrees to represent the seller [more…]

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