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Blog Lists

What is seller concession in 2022?
What is seller concession in 2022?
To define concessions: sellers and buyers. What does seller concession mean? What is seller concession to buyer?
2 years ago
Florida has 67 Counties and at Least 953 Cities
Florida has 67 Counties and at Least 953 Cities
There are 67 counties in Florida constituting a dynamic state that is home to more than 21,781,128 people.
2 years ago
What is Gross Commission Income (GCI)
What is Gross Commission Income (GCI)
For realtors, most of their earnings come from gross payment income. But what is GCI, and also exactly how does it influence your overall revenue as an agent?
2 years ago
How to get a mortgage in Florida: Learn About the Timeline and More!
How to get a mortgage in Florida: Learn About the Timeline and More!
The average closing time for a home mortgage in Florida is 30 days, but this can vary depending on the loan provider and type of loan.
2 years ago
Plantation Florida Zip Code
Plantation Florida Zip Code
Browse Plantation Florida Zip Codes by area of town, community, or view the Plantation Zip Code Map. Cities sharing Zip Codes 33311, 33312, 33313, 33317, 33322,
2 years ago
Property Management
Property Management
Property management is directing the operation and maintenance of real property for a fee, according to the objectives of the owner
2 years ago
Environmental Concerns Affecting Real Estate Transactions in Florida
Environmental Concerns Affecting Real Estate Transactions in Florida
Understand the purpose and provisions of the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA)
2 years ago
Zoning and Planning, Subdividing of Land, and Special Issues
Zoning and Planning, Subdividing of Land, and Special Issues
Zoning and Planning, Subdividing of Land, and Special Issues
2 years ago
Investment Real Estate
Investment Real Estate
Objectives. Indirect effects on the investor. Is this a prestigious investment to own? Will the investor be overwhelmed by the amount of work needed for this
2 years ago
Federal Income Tax Laws Affecting Real Estate
Federal Income Tax Laws Affecting Real Estate
Know two principal tax deductions available to homeowners and list two types of home loans that qualify for a homeowner's interest deduction
2 years ago
Closing Real Estate Transactions
Closing Real Estate Transactions
Describe the preliminary steps to closing a transaction in Florida
2 years ago
The binder deposit will show up on the closing statement as Credit to the buyer only
The binder deposit will show up on the closing statement as Credit to the buyer only
The binder deposit will show up on the closing statement as: Credit to the buyer only. How is the earnest money deposit entered on the closing statement?
2 years ago
Owning, Managing, and Supervising a Real Estate Office
Owning, Managing, and Supervising a Real Estate Office
If you are changing roles from sales to broker/manager of your own real estate company, you have to be prepared to meet new personal challenges. Whether you
2 years ago
Operating Real Estate Office
Operating Real Estate Office
Business structures that may be registered as brokerage entities. There are several business entities that can broker real estate.
2 years ago
Overview of Real Estate Valuation
Overview of Real Estate Valuation
Know which appraisal assignments must be performed by state-certified or licensed appraisers and that real estate licensees must comply with the USPAP when
2 years ago
Sales Comparison, Cost Depreciation, and Income Approaches
Sales Comparison, Cost Depreciation, and Income Approaches
Appraisers using these methods of depreciation are using the BREAKDOWN METHOD of depreciation which gives a property an ECONOMIC LIFE (how long it should last)
2 years ago
Comparative Market Analysis
Comparative Market Analysis
Comparative Market Analysis is informal method of estimating property’s value by comparing that property (subject property) to other, similar properties (comps)
2 years ago
Brokerage Relationships
Brokerage Relationships
Brokerage Relationships Section 475.278 of Florida Statutes has been designated as the Brokers' Relationship Disclosure Act. Law gives certain provisions.
2 years ago
Real Estate Contracts
Real Estate Contracts
In Florida, a listing agreement is allowed to be written or oral, but the majority of Real Estate Contracts are written. It is very hard to prove in a court
2 years ago
Financing Real Estate
Financing Real Estate
Techniques Used in Financing Real EstateBesides traditional financing, other alternatives exist for buyers who need to borrow money to purchase real estate
2 years ago
In which of the following situations can a property owner claim tax depreciation
In which of the following situations can a property owner claim tax depreciation
In which of the following situations can a property owner claim tax depreciation? The acquisition cost of an income-producing property allocated to the building
2 years ago
Office Inspections and the Disciplinary Process in Florida
Office Inspections and the Disciplinary Process in Florida
Broker’s Office: Every active Florida real estate broker must have an office. An office is defined as one enclosed room of stationary construction where
2 years ago
Escrow Management
Escrow Management
The purpose of an ESCROW ACCOUNT is to allow a broker to hold deposits and other items of value in trust for others. A broker is not required to
2 years ago
Company Dollar
Company Dollar
The portion of the sales commission split that is paid to the brokerage and NOT to the associate is called
2 years ago
Becoming a Licensed Real Estate Broker in Florida in 2022
Becoming a Licensed Real Estate Broker in Florida in 2022
Explains the real estate broker in Florida applicant requirements and situations that may cause an application to be denied
2 years ago