Forty Hour Massachusetts Real Estate Broker Pre-Licensing Course
The Average Annual Income For A Real Estate Broker In Massachusetts is $103 720 per year
Forty Hour Massachusetts Real Estate Broker Pre-Licensing Course
Ready to become the boss and call the shots? Ready to join the top ten per cent of income earners in the country? If so, then this is the first step.
In order to become a licensed Real Estate Agent in the state of Massachusetts, you need the following:
- Be at least 18 years of age or older.
- You must have a current real estate license.
- You must have been affiliated with a licensed Real Estate Broker.
- Three years of experience as a Real Estate Agent working for a minimum of 25 hours per week
- A $5000 Surety Bond prepared and signed by an insurance agent
- Complete a state-certified 40-hour real estate broker pre-licensing course with a completion certificate from your instructor.
- Write the 120-question state licensing exam with a grade of 70% or better.
- Social Security Number and State Approved photo ID
- Three nonfamily references
- All State taxes must be filed and paid.
Boston realty Institute is a State Certified school licensed to provide an online 40-hour pre-licensing training delivered to you over four days.
Course Content
Day 1. Property, Property Rights, Ownership, and Types Of Ownership
Property, Property Rights, Ownership
- Personal Property
- Real Property
- Private Restrictions
- Public restrictions
- Estates
- EncumbrancesTypes Of Ownership
- Condominiums
- Cooperatives
- Timeshares
- Syndication
- The Lease
- Types Of Leases
- Option
- Property Management
- Land Use/Subdivisions
Types Of Ownership
- Condominiums
- Cooperatives
- Timeshares
- Syndication
- The Lease
- Types Of Leases
- Option
- Property Management
- Land Use/Subdivisions
Day 2. Contracts & Deeds, and Financing & Mortgages
Contracts & Deeds
- Contract Essentials
- The Listing Contract
- Purchase and Sales Agreement
- The Transfer of Real Estate
the Deed - Methods of Land Description
Financing & Mortgages
- The Loan/Mortgage Sequence
- Instruments of Financing
- Federal Housing Administration (FHA)
- Department of Veterans Affairs
Mortgage - Foreclosure
- Truth in Lending (Regulation Z)
- Tax Deferred (1031) Exchange
- Buy Down or Pledged Account Mortgage (PAM)
- Valuation Of An Income Property
- Monetary Policy
- Fiscal Policy
Day 3. Appraisal, and Brokerage
Appraisal
- Valuation
- Forces Influencing Value
- Economic Principles of Value
- The Valuation Process
- Cost Approach
- Sales Comparison/Market Data Approach
- Income Approach
- Income Property Tax Treatment
- Residential Property Tax Treatment
Brokerage
- The Brokerage Process
- Types Of Agency Representation
- The Law Of Agency
- The Hiring Contract
- Types Of Authority
- Types Of Express Authority
- The Listing
- Essentials Of A Purchase And Sales Agreement
- Commissions
Day 4. Fair Housing Consumer Protection
Fair Housing Consumer Protection
- Federal Fair Housing Laws
- Enforcement
- Massachusetts Real Estate Law
- Board
- Advertising
- Conflicts of Interest
- Consumer Protection Laws 92A
- Massachusetts Housing Financing Agency (MHFA)
- Escrow/Trustee Accounts
- Municipal Tax
- Broker Surety Bond
- Promotions of Out of State Property
- Tenant Fees
- Important Ponts
- Agency Disclosure
Also Included
Forty Hours Of Recordings
Forty Hours Of Transcripts
Pre-License Course Completion Certificate
Downloadable 107 Page Textbook
Everything you need to successfully write and pass the Massachusetts state real estate licensing exam is covered in this comprehensive 40 hour course. The tuition is $400 and is payable at the time of registration.
Real Estate Broker Pre-Licensing Course
$400
Duration
4 Days
Modules
7 Chapters
Recordings
40 Hours
Transcripts
40 Hours
