Archive for the “Student Lounge” Category


ProSchools offers a prelicense real estate course, covering the various types of agency that can be established between a real estate agent and his clients. A new real estate agent needs to fully understand dual agency as this is can become an area of conflict and potential legal trouble. Dual agency occurs when a real estate agent [...]Tags: , , ,

Comments No Comments »

ProSchools online real estate courses are designed to help you pass your state and national exams the first time. Passing your ProSchools course is the first step. You will also need to learn the various types of housing construction and home repair issues and be able to best advise your clients when working in the [...]Tags: , , , ,

Comments No Comments »

You may have noticed that this blog has looked differently lately. That’s because of two reasons: All of the ProSchools blogs are getting a makeover The platform that runs the blogs is getting a major upgrade And in the process, of course, things can get a little wonky. For instance, at the time of publishing this post the [...]

Comments No Comments »

ARELLO (the Association of Real Estate License Law Officials) approved eight of ProSchools real estate continuing education courses last month! In January 2009, ProSchools earned accreditation for the following eight real estate continuing education courses: Introduction to Brokerage Management Starting a Successful Brokerage People Management in Real Estate Ethics: Pricing, Offers and Advertising Ethics: Disclosure and Cooperation Leading and Communicating Effectively Credit Scoring Minimizing [...]Tags: ,

Comments No Comments »

The bulk of this blog is donated by Barbara Roach, Principal Broker and  veteran of the Portland real estate market. In addition, to all of her personal contacts with her associates, Barbara sends out weekly e-mails in a Q&A format keeping them informed of changes in laws, procedures, market conditions, etc. First, my thoughts: Thank God for [...]

Comments 1 Comment »

In the next few blogs, we’ll take a look at what some brokers in the Portland, Oregon area are advising new real estate licensees in today’s challenging real estate market.  The brokers providing advice represent the gamut of brokerages from large to small.  Kalim Qamar, Principal Broker, owner, US MetroRealty Realtors and real estate companies that develop proven systems will [...]

Comments 3 Comments »

Today we end our discussion about RESPA changes.   What sounds like a pretty good idea is being seen by many of the key players in real estate and mortgage lending businesses (i.e., Realtors, title companies, mortgage bankers and mortgage brokers and others) as flawed. Here’s the industry buzz on these changes.   1. According to Ann [...]

Comments No Comments »

This week we continue to look at proposed revisions to RESPA.  Those of you in the mortgage lending business probably have some insight into what has been proposed and have heard from your organizations about what may be good, bad and ugly about the reforms.   Many of you who are real estate agents could care [...]

Comments No Comments »

Once again (the last failed attempt was in 2002) HUD is proposing to reform the Real Estate Settlement Procedures Act (RESPA) in order to protect consumers from unnecessarily high settlement costs. Over the next few days I will outline some background and impacts of HUD’s proposed regulations to reform RESPA. The proposed regulations can be accessed at [...]

Comments No Comments »

Today, license exams are written by professionals.  The “tricks” of the past are pretty much things of the past.  Remember the following rules?  “When in doubt, pick the longest answer” - there will not be a longest answer.  “Watch out for ‘must’, ‘always’, ‘never’” - these words are not used.   “If ‘all of the above’ or ‘none of the above’ is a [...]

Comments No Comments »