90 Hour Course
Course ID: 490-3045
Approved By: Michigan LARA
This 90-hour course is designed specifically to prepare you for the Michigan Broker licensing exam and is an approved pre-licensing course.
The course will begin with classes on business management, including hiring practices and writing a business plan. We’ll review real estate principles including antitrust laws, as well as the NAR Code of Ethics.
We’ll review the specifics of operating a real estate business, including handling trust money and keeping good records. Antitrust laws and advertising regulations will be reviewed as well.
Part of our course will assist you in writing a marketing plan and setting goals for it, while other aspects of the course will refresh you on the finer points of listing and selling techniques.
We’ll review fair housing laws and history before we talk about the nature of agency, and the concept of procuring cause.
Then, we’ll get into legal descriptions, property ownership, estates, and titles. This includes a discussion of the probate process and various interests.
After the midpoint exam, we’ll move on to design and building construction principles. Following this we’ll talk a bit about contract law, including listing agreements, sales agreements, and disclosures from lenders.
Property appraisal and valuation will be discussed as well, before talking about real estate finance and mathematics. We’ll move on after that to types of mortgages, foreclosures, bankruptcies, and tax laws that affect real property.
Our course will then turn to real estate investments, including syndications, securities, and management of rentals. We’ll discuss Michigan’s landlord/tenant law, as well as real estate law and environmental concerns. The course concludes with several practice exams.