Course Curriculum

FREC Approved

  • 1
    Unit 1: Becoming a Licensed Real Estate Broker
    • LEARNING OBJECTIVES
    • LICENSURE
    • WHAT TO DISCLOSE ON THE LICENSE APPLICATION
    • BROKER EDUCATION AND EXPERIENCE REQUIREMENTS
    • LICENSEE EDUCATION REQUIREMENTS
    • LICENSE RENEWAL PERIODS
    • REGISTRATION AND LICENSURE
    • MULTIPLE LICENSES AND GROUP LICENSE
    • CHANGE OF ADDRESS, RESIDENCY, AND BUSINESS ADDRESS
    • REAL ESTATE SERVICES
    • SUMMARY OF IMPORTANT POINTS
    • UNIT 1 EXAM
  • 2
    Unit 2: Opening a Real Estate Office
    • LEARNING OBJECTIVES
    • BUSINESS STRUCTURES THAT MAY BE REGISTERED AS BROKERAGE ENTITIES
    • OTHER BUSINESS FORMS THAT MAY NOT REGISTER
    • TRADE NAMES
    • REAL ESTATE OFFICE REQUIREMENTS
    • ENTRANCE SIGNS
    • AMERICANS WITH DISABILITIES ACT (ADA)
    • ADVERTISING AND SELF-PROMOTION
    • FAIR HOUSING AND ADVERTISING
    • TELEPHONE CONSUMER PROTECTION ACT (TCPA)
    • SUMMARY OF IMPORTANT POINTS
    • UNIT 2 EXAM
  • 3
    Unit 3: Owning, Managing, and Supervising a Real Estate Office
    • LEARNING OBJECTIVES
    • CAPITAL AND START-UP COSTS
    • BUSINESS PLAN
    • INCOME PROJECTIONS
    • Typical Variable Expenses
    • FRANCHISE VS. INDEPENDENT FIRM
    • TAX CONSIDERATIONS
    • PERSONNEL ISSUES
    • EMPLOYMENT ARRANGEMENTS AND AGREEMENTS
    • TRAINING AND SUPERVISION OF ASSOCIATES
    • SUMMARY OF IMPORTANT POINTS
    • UNIT 3 EXAM
  • 4
    Unit 4: Escrow Management
    • LEARNING OBJECTIVES
    • ESTABLISHING ESCROW ACCOUNTS
    • TITLE COMPANIES AND ATTORNEY ESCROW ACCOUNTS 
    • RECORDKEEPING REQUIREMENTS
    • ESCROW DISPUTES
    • SUMMARY OF IMPORTANT POINTS
    • UNIT 4 EXAM
  • 5
    Unit 5: Office Inspections, Disciplinary Process, and Real Estate Recovery Fund
    • LEARNING OBJECTIVES
    • DIVISION OF REAL ESTATE AUTHORITY AND RESPONSIBILITY
    • DISCIPLINARY PROCEDURE
    • VIOLATIONS AND PENALTIES
    • ADMINISTRATIVE PENALTIES
    • CIVIL AND CRIMINAL PENALTIES
    • REAL ESTATE RECOVERY FUND
    • SELF-REPORTING CRIMINAL CONVICTIONS
    • SUMMARY OF IMPORTANT POINTS
    • UNIT 5 EXAM
  • 6
    Unit 6: Overview of Real Estate Valuation
    • LEARNING OBJECTIVES
    • INTRODUCTION TO APPRAISAL
    • APPRAISAL CERTIFICATION AND LICENSURE
    • PRICE, COST, AND VALUE
    • HIGHEST AND BEST USE
    • THE APPRAISAL PROCESS
    • TYPES OF APPRAISAL REPORTS
    • SUMMARY OF IMPORTANT POINTS
    • Unit 6 Exam
  • 7
    Unit 7: Sales Comparison, Cost, and Income Approaches
    • LEARNING OBJECTIVES
    • SALES COMPARISON APPROACH
    • ELEMENTS OF COMPARISON
    • METHODS OF ADJUSTMENT
    • COST APPROACH
    • ACCRUED DEPRECIATION
    • INCOME APPROACH
    • RECONSTRUCTED OPERATING STATEMENT
    • OVERALL CAPITALIZATION
    • RECONCILIATION AND FINAL VALUE ESTIMATE
    • SUMMARY OF IMPORTANT POINTS
    • Unit 7 Exam
  • 8
    Unit 8: Comparative Market Analysis
    • LEARNING OBJECTIVES
    • APPRAISALS, CMAS, AND BPOS
    • PREPARATION OF A COMPARATIVE MARKET ANALYSIS
    • CASE STUDY—COMPARATIVE MARKET ANALYSIS
    • SUMMARY OF IMPORTANT POINTS
  • 9
    Unit 9: Basic Business Appraisal
    • LEARNING OBJECTIVES
    • FUNDAMENTALS OF BUSINESS APPRAISAL
    • UNDERSTANDING AND USING FINANCIAL STATEMENTS
    • ANALYZING FINANCIAL STATEMENTS
    • VALUATION METHODS
    • SUMMARY OF IMPORTANT POINTS
  • 10
    Unit 10: Brokerage Relationships and Disclosure Requirements
    • LEARNING OBJECTIVES
    • LAW OF AGENCY
    • WRITTEN DISCLOSURE REQUIREMENTS FOR RESIDENTIAL TRANSACTIONS
    • NO BROKERAGE RELATIONSHIP (NONREPRESENTATION)
    • SINGLE AGENT RELATIONSHIP
    • TRANSACTION BROKER RELATIONSHIP
    • TRANSITION TO ANOTHER RELATIONSHIP
    • TERMINATING A BROKERAGE RELATIONSHIP
    • SUMMARY OF IMPORTANT POINTS
  • 11
    Unit 11: Contracts
    • LEARNING OBJECTIVES
    • BROKERAGE COMPENSATION
    • Commercial Real Estate Sales Commission Lien Act 
    • PURCHASE AND SALE CONTRACTS
    • DOCUMENTS NEEDED TO WRITE THE CONTRACT
    • PROVISIONS OF REAL ESTATE CONTRACTS
    • DISCLOSURE
    • SUMMARY OF IMPORTANT POINTS
  • 12
    Unit 12: Financing Real Estate
    • LEARNING OBJECTIVES
    • MORTGAGE CONCEPTS AND PRACTICES
    • TYPES OF MORTGAGE LOANS
    • OTHER TECHNIQUES USED IN FINANCING REAL ESTATE
    • LAWS CONCERNING FAIR LENDING AND CREDIT PROCEDURES
    • RESIDENTIAL LOAN UNDERWRITING
    • SUMMARY OF IMPORTANT POINTS
  • 13
    Unit 13: Closing Real Estate Transactions
    • LEARNING OBJECTIVES
    • PRELIMINARY STEPS TO A CLOSING
    • PRORATING PROCEDURES Items Typically Prorated Between Buyer and Seller
    • PREPARATION OF THE CLOSING DISCLOSURE
    • SUMMARY OF IMPORTANT POINTS
  • 14
    Unit 14: Federal Income Tax Laws Affecting Real Estate
    • LEARNING OBJECTIVES
    • TAXPAYER RELIEF ACT
    • REAL ESTATE INVESTMENT OPERATIONS
    • METHODS OF DEFERRING TAXES UPON DISPOSITION
    • SUMMARY OF IMPORTANT POINTS
  • 15
    Unit 15: Investment Real Estate
    • LEARNING OBJECTIVES
    • MATCHING INVESTMENT PROPERTIES WITH INVESTOR NEEDS
    • LEASES AND LEASE TERMINOLOGY
    • MORTGAGES
    • STRUCTURAL KNOWLEDGE
    • INVESTMENT ANALYSIS
    • SUMMARY OF IMPORTANT POINTS
  • 16
    Unit 16: Zoning and Planning, Subdividing of Land, and Special Issues
    • LEARNING OBJECTIVES
    • HISTORICAL PERSPECTIVE
    • ZONING REGULATIONS
    • APPEALS AND EXCEPTIONS TO THE ZONING CODE
    • VARIATIONS AND SPECIAL USES OF TRADITIONAL ZONING
    • NATIONAL FLOOD INSURANCE PROGRAM (NFIP)
    • CLEAN WATER ACT (CWA)
    • COASTAL ZONE MANAGEMENT ACT
    • INTERSTATE LAND SALES FULL DISCLOSURE ACT (ILSA)
  • 17
    Unit 17: Environmental Concerns Affecting Real Estate Transactions
    • LEARNING OBJECTIVES
    • COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION, AND LIABILITY ACT (CERCLA)
    • SUPERFUND AMENDMENTS AND REAUTHORIZATION ACT (SARA)
    • ENVIRONMENTAL DUE DILIGENCE
    • ASBESTOS
    • RADON
    • LEAD-BASED PAINT
    • ENVIRONMENTAL ISSUES
    • SUMMARY OF IMPORTANT POINTS
  • 18
    Unit 18: Property Management
    • LEARNING OBJECTIVES
    • THE FLORIDA LANDLORD AND TENANT ACT
    • APPLICABLE FEDERAL AND STATE LAWS
    • INTRODUCTION TO PROPERTY MANAGEMENT
    • SKILLS REQUIRED OF A PROPERTY MANAGER
    • THE RENTAL PROCESS
    • THE OWNER-MANAGER RELATIONSHIP
    • STAFFING AND EMPLOYEE RELATIONS
    • SUMMARY OF IMPORTANT POINTS
  • 19
    Practice Exam
    • Instructions
    • Practice End-Of-Course Exam
  • 20
    Final Exam
    • Instructions
    • Final End-Of-Course Exam