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Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS)|Answered 100% Correctly

Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS)|Answered 100% Correctly

Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS)|Answered 100% Correctly
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 Associate transitioning to a Broker
Must have been employed under one or more actively licensed brokers for at least
24 months writhing the last 5 yrs before becoming eligible to take the state broker
examination
Additional applicants who qualify to apply for a brokers license [F.A.C.61J2-
2.027(1)(b)]
Actively licensed real estate sales associates from another STATE OR NATION
who have been Licensed for at least 24 months during the preceding 5 yrs
Broker Associate

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