Commercial Real Estate Understanding Investments -> NV

Commercial Real Estate Understanding Investments

Risk Management -> NV

This course summaries the available solutions when a real estate agent is found liable for misrepresentation. It covers a lot of areas where misrepresentation could occur, like failing to disclose the property stigmas or forgetting to list reduction tips regarding disclosure. The course futher explains the purpose of the Sherman Antitrust Act and analyzes how Title I and Title III are enforced.

Real Estate Math

This course covers math principles essential in the practice of real estate. Some of these topics may already be familiar to the student. The course will elaborate on how the subject matter pertains to real estate in everyday use. It is important that licensees understand the mathematical concepts presented here in order to be competent in the practice of real estate. This course includes the following lessons:The Language of Math Measurement of Dimensions Financial Math Valuation Math Real Estate PracticeThe course includes fractions, decimals and percentages: the mathematical language used to express many aspects of real estate practice. Area and volume will be discussed so that the licensee will be able to determine and express the amount of commodity in a particular parcel of realty. While not a real estate finance course, this course will review concepts of interest, amortization and loan rate and discount. These concepts must be understood fully so that the licensee may grasp the essential elements used in the purchase of and financing for real property. Additionally, the principle of prorating will depict the importance of time in the transfer of realty.The conclusion of this course offers real world examples and applications of the information presented. Upon completion of this course the student will comprehend the language and principles of mathematics necessary to successfully function in the practice of real estate.

Real Estate Finance

This course provides an introduction to residential real estate finance, including information on the underwriting process for FHA, VA, FNMA and FHLMC loans. It includes the following lessons:Introduction to Loans Conventional Loans FHA Loans VA Loans The Basics of Real Estate Financing Real Estate PracticeIn this course the student will learn the basics of the different types of loans available and the advantages and disadvantages of each; loan applications; appraisals; escrow; titles; and credit reports, including qualifying for loan amounts and verifying income and assets.The student will also learn how to calculate loan amounts, estimate monthly payments from property taxes, hazard and mortgage insurance, qualifying ratios and income.

Environmental Hazards

This course covers major environmental hazards. Licensees need to familiarize themselves with environmental issues because they have a responsibility to disclose to buyers any information that might affect their decision to buy. Environmental hazards can dramatically affect a propertys value, so buyers, sellers, lenders and licensees all can be affected by them. This course includes the following lessons:The Indoor Environment The External Environment Legislation Disclosure and Site Assessment Real Estate PracticeStudents will learn throughout this course to identify internal and external environmental issues. They will learn about health hazards, environmental legislation, liability and responsibility for cleanup and protection. They will also learn about actions they should take and how issues affect licensees and lending. Licensees are not expected to be environmental experts, but in this course students will acquire a competency with environmental issues which will help them to elucidate issues for buyers, sellers and lenders. Knowledge of environmental issues also will help protect them from charges of nondisclosure. The conclusion of this course presents real world dilemmas and applications of the information presented. As the student completes this course, he or she should try to paint a big picture of environmental issues, which the course will address with comprehensive content questions, practices and case studies.

Property Management and Managing Risk -> NV
Property management is a special category of real estate work. The term property management generally refers to the group of services which an owner hires a professional property manager or management firm to perform. The quality of management directly affects the profitability of the property being managed. A skilled property manager thus protects the owners capital investment in real estate and makes sure that the property generates profit. In many cases, property managers must be licensed real estate brokers. This course includes the following lessons:Introduction to Property Management Management Agreements A Property Managers Typical DutiesInteracting with Tenants Property Management and Leases Real Estate Practice Lesson We will cover a property managers basic functions, including administrative duties, leasing practices and the managers legal relationships with the owner and the tenants of the property. The course also discusses the way to construct a management agreement so that the manager and the owner clearly understand one another’s roles. Licensees will benefit from understanding the various types of property management, as well as the duties that successful property managers must carry out.The concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this course, he or she should try to develop a broad picture of property management and how it fits into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.

Real Property Ownership and Land Use

This course explores the meaning of real property ownership and the differences between real estate and personal property. Although these terms are often used interchangeably in everyday conversation, there are different rights associated with these different commodities. It is important that licensees understand the differences between them and are able to explain the distinctions to their clients and customers. This course addresses the following topics:Personal and Real Property Ownership Land Description Controlling Development Real Estate Practice LessonThroughout this course, the student will learn how different commodities land, real estate, and real property !! transfer and relate to one another. In addition, the student will learn about land use theory and come to understand how our federal, state, municipal and private authorities govern and plan our communities. This course covers legal descriptions as well as informal descriptions, the development of these concepts and the role they play in the real estate industry. This courses final lesson presents real-world dilemmas and provides opportunities to apply the information covered in the rest of the course. As the student completes this course, he or she should try to develop a broad understanding of real property use and to place this understanding within the larger context of real estate practice as a whole. This final lesson aims to help the student achieve this goal using comprehensive content questions, practice examples and case studies.

Fair Housing

This course covers broad issues on fair housing laws. Specifically, the student will learn: what fair housing laws exist, what classes of individuals are covered under these laws, how discrimination is defined in real estate, how can one avoid discriminating practices, and what the consequences are for non-compliance with fair housing laws.

If you are located in Texas please note the following information:

Texas Provider Approval #0238 / Course Approval #04-00-104-24750

 

Asset Management

Provider Approval #0238 / Course Approval #03-00-053-18144

Asset Management is the term used for the decision-making process involved in maximizing returns on real property investments. This process includes such decisions as whether or not to renew a lease for a tenant, purchase or lease more assets, improve, sell or rent ones current assets, etc. The asset manager must be aware of market trends and indicators and must be able to accurately predict the cash inflows and outflows of his or her own holdings. This course provides an introduction to the basics of asset management. It introduces the student to the key ideas and concepts of management as well as the techniques a manager will use to evaluate the market and evaluate the financial impact of alternatives in order to make properly informed decisions. The student will learn how to handle distressed properties and how to successfully market a revenue-increasing strategy. The course ends with case studies and real world practice, which will aid the student in becoming confident and familiar with the various aspects of asset management.

Property Management and Managing Risk

Property management is a special category of real estate work. The term property management generally refers to the group of services which an owner hires a professional property manager or management firm to perform. The quality of management directly affects the profitability of the property being managed. A skilled property manager thus protects the owners capital investment in real estate and makes sure that the property generates profit. In many cases, property managers must be licensed real estate brokers. This course includes the following lessons:Introduction to Property Management Management Agreements A Property Managers Typical DutiesInteracting with Tenants Property Management and Leases Real Estate Practice Lesson We will cover a property managers basic functions, including administrative duties, leasing practices and the managers legal relationships with the owner and the tenants of the property. The course also discusses the way to construct a management agreement so that the manager and the owner clearly understand one another’s roles. Licensees will benefit from understanding the various types of property management, as well as the duties that successful property managers must carry out.The concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this course, he or she should try to develop a broad picture of property management and how it fits into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.

Community Ethics

Despite limited resources and the potential for violent conflict, nature evolved powerful strategies that resulted in a progression of increasingly complex and productive communities. Those principles, applied to the real estate industry, mandate a system of ethics that results in greater and more sustained professional productivity and significantly improves quality of life in our work environment, homes and communities. This course is designed to inform practicing and prospective real estate professionals about the tested and proven ethical strategies, applied to the real estate professional community, that make communities increasingly industrious and fruitful. This course also helps students understand ‘productivity’ in a human community, as well as the principle to advance and sustain such productiveness. These strategies lead to a system of ethical principles that will improve the quality and prolificacy of one’s professional practice and personal life.