This course provides international real estate practitioners with knowledge of the role of real estate in the U.S. economy and society. The course will describe the role of real estate in the U.S. economy and society as well as knowledge of the U.S. real estate marketplace. The course materials provide information on the requirements, regulations, and laws associated with working as a real estate professional in the U.S. and skills for facilitating real estate transactions in the U.S. market.
The goals of The Business of U.S. Real Estate are to provide:
-Knowledge of the role of real estate in the U.S. economy and society -Knowledge of the U.S. real estate marketplace -Detailed description of the U.S. real estate transaction -Information on the requirements, regulations, and laws associated with working as a real estate professional in the U.S. -Skills for facilitating real estate transactions in the U.S. market -Recommendations for building key contacts in real estate organizations, commerce, and government
-Identify the social, political, geographical, and cultural characteristics of the U.S., especially as they relate to the real estate market
-Develop knowledge of the business of U.S. real estate, including the Multiple Listing Service (MLS), licensing requirements, agency relationships, and the real estate transaction
-Adapt business and social behavior to conform to the business standards, customs, and cultural norms that enable U.S. real estate transactions
1. An Introduction to the United States of America (U.S.) Economy and Business U.S. Government Legal System
2. The U.S. Real Estate Market U.S. Economy U.S. Society Characteristics of U.S. Homes Commercial Real Estate
3. The U.S. Real Estate Market and the MLS Broker to Broker Cooperative MLS Mechanics Commercial Information Exchanges
4. The Business of U.S. Real Estate Real Estate Licensee Compensation Referrals Agency Foreclosure and Short Sales
5. The U.S. Real Estate Transaction Listing Real Estate Contracts Disclosures Financing Options Insurance - Title, Mortgage, and Property Closing the Deal
6. What You Need to Know Laws and Regulations Taxation Immigration & Visas Risk Factors and Reduction
7. The REALTOR® Organization NAR Global National, State, and Local REALTOR® Associations The Global Reach of REALTOR.com® Private Property Rights Advocacy
8. U.S. Business Culture Communications Negotiations
*This course can be applied toward the National Association of REALTORS® Certified International Property Specialist (CIPS) Designation program.
Capture your share of the growing global market and expand your business (and your wallet)!
For more information on the program please visit CIPS.