1 / 12

Bureau of Education & Testing

Bureau of Education & Testing. Alex Bosque Examination Development Supervisor Bureau of Education & Testing alex.bosque@myfloridalicense.com. Examination Topics Sales Associate Broker Bureau of Education & Testing (BET) Finding us on the Internet Contacting us

jsimonson
Download Presentation

Bureau of Education & Testing

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Bureau of Education & Testing

  2. Alex Bosque Examination Development Supervisor Bureau of Education & Testing alex.bosque@myfloridalicense.com

  3. Examination Topics • Sales Associate • Broker Bureau of Education & Testing (BET) • Finding us on the Internet • Contacting us • Candidate Information Booklet • Printable Law Book • Instructor Email Questions

  4. Sales Associate Examination • Kickbacks (or Rebates) Students should know what it is Know when it is legal to receive Know when it is not permissible Florida Statute 475.25(1)(h) Florida Administrative Code 61J2-10.028 • Closing of Transactions Understand concept of debits and credits Closing expenses understand what seller and buyer customarily pay • Discount Points Purpose Impact to lender and buyer Raising the Yield Rule of thumb 1 point raises lender yield by 1/8 • Option Contracts Students should know what it is Enforceability Unilateral or Bilateral? • Landlord Tenant Act Florida Statute 83 Part II Time Periods Tenant Security Deposits • Encourage Students to Read Florida Statute 475 Florida Administrative Code Chapter 61J2 Be familiar with Florida Statutes 455,120 & 720 • Sales Examination Contains Pilot Items Total of three pilot questions Randomized(scrambled) in the exam – Answer ALL questions Do not count for or against your final score

  5. Broker Examination • Understanding Closing Disclosures No longer testing Hud-1 but new Closing Disclosure Students should be familiar with pages 2-3 Perform basic calculations Understand debit and credit (Double entry items) • Valuing Real Property Be familiar with three approaches to value a. Sales Comparison b. Cost-Depreciation c. Income Capitalization Know the applicability of each approach • Commercial Real Estate Sales Commission Lien Act – F.S. 475 Part III Florida Statute 475.703(1) and 475.703 (4)(c) Lien is attached to owner’s net proceeds and not any interest in the property • Encourage Students to Read Florida Statute 475 Florida Administrative Code Chapter 61J2 Be familiar with Florida Statutes 455,120 & 720 • Broker Examination Contains Pilot Items Total of three pilot questions Randomized(scrambled) in the exam – Answer ALL questions Do not count for or against your final score

  6. www.myfloridalicense.com/dbpr

  7. Candidate Information Booklets • Contains useful information: • Link to Test Center Locations • How to Make a Reservation • Examination References • Examination Content Outline • Link to Printable Law Book • (Encourage Students to Read) • Review and Challenge Process

  8. If would like to be added to our email distribution list, please send your request to: REInstructors@myfloridalicense.com  This is a common email address to be used solely by the Instructors to send exam-specific questions or issues to the Bureau's Psychometric Unit.

  9. Questions

More Related