Ken Lambert - The Complete Guide to Passing Your Real Estate Sales License Exam on the First Attempt: Everything You Need to Know Explained Simply

The Complete Guide to Passing Your Real Estate Sales License Exam On the First Attempt

Everything You Need to Know Explained Simply

By Ken Lambert

The Complete Guide to Passing Your Real Estate Sales License Exam On the First Attempt: Everything You Need to Know Explained Simply

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ISBN-13: 978-1-60138-129-3

ISBN-10: 1-60138-129-8

Library of Congress Cataloging-in-Publication Data

Lambert, Ken, 1974

The complete guide to passing your real estate sales license exam on the first attempt : you need to know explained simply / by Ken Lambert.

p. cm.

Includes bibliographical references and index.

ISBN-13: 978-1-60138-129-3 (alk. paper)

ISBN-10: 1-60138-129-8 (alk. paper)

1. Real estate agents--Licenses--United States--Examinations, questions, etc. 2. Real estate business--Licenses--United States--Examinations, questions, etc. 3. Real property--United States--Examinations, questions, etc. I. Title.

HD278.L36 2008

333.33076--dc22

2008036371

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Table of Contents

Dedication

This book is dedicated to Shane and Kaleigh. Youll both always be my special angels.

Love, Daddy

Foreword

It is quite common for people who sell their homes using a real estate agent to think that being a real estate agent is easy and that it would be a great career. After all, real estate sales offers flexible hours, nice commissions when the transaction closes, and many states only require a two weeks course and a state exam. They are correct. Real estate is a great career. However, being a real estate agent is not easy.

Many states require a prospective real estate agent to master a tremendous amount of material in a short period of time. These skills include, but are not limited to, agency law, property law, contracts law, financing, appraising, surveying, and local, state, and federal laws on a variety of subjects. As a retired attorney, I know that it takes many semesters in law school to cover the same material. When we also consider that many real estate students also have another career or a family that they have to take care of, passing the real estate exam can become quite challenging.

In his book, The Complete Guide to Passing Your Real Estate Sales License Exam on the First Attempt , author Ken Salgat does an excellent job of providing all the necessary material in an easy-to-absorb manner. It also has an excellent glossary that is a great review tool. The chapter on preparing for the exam and chapter eight, which deals with decreasing anxiety and maintaining a positive attitude information that is as important to passing the exam as the material is are both extremely useful for first-time test takers. I would also recommend that the reader take advantage of the practice tests.

Unfortunately, when I took the real estate exam, I did not have the benefit of this book. South Carolina requires a two week course and the state exam. Even with my background as an attorney, I found covering all the material in the two weeks period to be challenging. Salgats book is an excellent resource for the prospective real estate exam taker.

I wish the reader all the best with their exam. Welcome to the world of real estate sales!

Winston T. Rego, ABR, e-PRO

Commercial Investment Broker

Executive Commercial Realty

Simpsonville, SC

Winston T. Rego is a Broker and real estate investor in Simpsonville, South Carolina and works exclusively with investors. He has more than doubled his own assets and his clients assets every year. Using ideas and techniques that he has developed to grow his own fortune, Mr. Rego assists his investor clients to acquire and sell real estate to increase their cash flow and grow their net worth and assets. All of his clients have received annual return on investment in excess of 100% while investing in low risk and stable commercial real estate.

Winston T. Rego can be contacted by e-mailing him at .

Preface

So you have made the decision to become a licensed real estate professional. Congratulations! Real estate sales is an exciting and rewarding career choice, and preparing for the licensing exam is your first step toward reaching your goals.

All 50 states and the District of Columbia require that salespersons obtain their license before practicing. The most important fact to understand is that a real estate license is governed by your individual states laws and regulations.