Real Estate Exam Prep Guide Blog

Real Estate Study Guide: What is a Defeasance Clause?

A defeasance clause is a provision in a mortgage agreement that grants the buyer title (the deed) to property after the terms of the loan have been fully satisfied. Real estate transactions are extremely complex. For buyers, there are many

How to Get a Real Estate License

If you have decided that you want to become a real estate agent, you must complete the requirements set by your state for education and licensing exams. Every state has different requirements for real estate agents, so it is important

What is the Process of Becoming a Real Estate Agent?

For many people, becoming a real estate agent is a dream job. But it can be difficult to know where to start or how to become a real estate agent in your area. The Real Estate Prep Guide is here

Real Estate Blind Ad

Typically illegal for real estate brokers, a real estate blind ad is an advertisement that does not identify the person or professional status of the ad-placer but instead only includes basic contact information You have probably come across one at

Real Estate Net Listing Agreements

With a net listing agreement, a real estate agent gets to keep the difference between the actual sales price and the seller’s desired price Real estate agents can help people achieve their dreams. Whether it is buying a first home

Jobs You Can Get with a Real Estate License

Are you considering getting your real estate license? If so, you may be wondering what kinds of jobs in real estate will be available to you in the future. Real estate is a very flexible field. To be sure, contrary

How Hard is it to Pass the Real Estate Exam?

To obtain a real estate license, you must meet all of the requirements set forth by your state. This includes taking and passing the appropriate real estate exam. These tests are demanding: You may see questions pertaining to the responsibilities

Progression Real Estate

You’ve probably heard homeowners and prospective home owners talk about the advantage of buying the cheapest house on a given block. This is typically solid advice because when a home is surrounded by higher-valued properties, its own value goes up.

Regression Real Estate

In real estate, the principle of regression is simple. It is the phenomenon of valuable properties having their value diminished by the surrounding lower-value properties. If you’re familiar with the advice to “buy the cheapest house on the block,” you’re

What’s the Difference: Real vs Personal Property?

When you think about all the different words and terms that are used in real estate you might feel like you are learning a new language. With a career in real estate you will be tasked with speaking to potential

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