Real Estate Practice 60 Hr Course Unit 11


The real estate market is driven by contracts.Both the seller and buyer representation agreements are contracts. Options are contracts, and an offer is the first half of a sales contract.Leases and management agreements are contracts.

Every aspect of the real estate business involves contracts and every one involved in a real estate transaction.

even those who are not real estate professionals,should understand what a contract means!

A real estate professional should know not only what a contract means, but also how one is created, what is required of the parties to the contract, and how the contract is concluded