It is usually important for one to acquire some basic
knowledge to be able to perform diligently in this field. Before one obtains a real
estate license, it is quite in order to possess some basic knowledge as this
will go a long way in helping you to understand property sector and prepare for
any eventualities. The curriculum for real estate licence course
offers one insights into what is likely to be available in the field out there.
The following will give you a glimpse of what awaits you during the period of
study:
Basic buying and selling processes
From the curriculum, one will be able to know how to
co-ordinate activities with legal practitioners and lenders. Here you will
discover how to organize the buying process and know how to deal with written
agreements.
Financing activities
One learns to know issues related to mortgage and other
means of sourcing for funds for projects. The knowledge also enables one to be
able to assess the financial capability of buyers to avoid risks associated
with the venture.
Basic building and construction knowledge
This will enable the trainee to be able to know the quality
of the properties under his or her care and hence be in a position to reach
agreements with buyers and sellers.
Proper documentation and reaching of agreements
Here one learns to negotiate with clients and be able to
complete the transactions in time. The contract
usually involves agreements
reached between the parties and this has to be documented for future use.
Valuation of property
One is equipped with skills to enable them to determine the
value of properties in question and hence be able to clearly argue out prices
with prospective clients.
Government laws
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