A-Ha! Real Estate Exam Prep Podcast

Episode 015 - Debits and Credits Closing questions on the national exam can be easy if you are able to track the flow of money. Debits are outflows. Credits are inflows. Listen in for a few ways to keep them straight.   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook https://www.facebook.com/AHA.REEP   YouTube https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwcyc0i6A

Episode 014 - Types of Leases Make sure you know the three types of leases, what they provide, and what is required for each. Estate for Years Estate from Period to Period Estate at Will   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook https://www.facebook.com/AHA.REEP   YouTube https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwcyc0i6A

Episode 013 - Legal Descriptions Talk about confusing, do you really need to know how to draw a legal description? Short answer, no. Long answer, probably not, but it's a good idea to know some of the terms and concepts. Make sure you know the unit conversions though: 1 mile = 5,280 square feet 1 acre = 43,560 square feet   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook https...

Episode 012 - Brr...It's COLD-AC; Fiduciary Duties An agent has certain fiduciary responsibilities to their client that can be represented with the acronym COLD-AC: Care Obedience, Loyalty, Disclosure, Accounting, and Confidentiality.   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook https://www.facebook.com/AHA.REEP   YouTube https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwc...

Episode 011 - How is that Voidable? One of the more annoying and debatable test subjects is over the concepts of valid, void, and voidable. In this episode, B talks about the differences and what to look for when you take your test. If all else fails, just choose "voidable" on your test and you will almost always be correct.   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook ht...

Episode 010 - Legal Elements of a Contract Know the 5 elements that make up a legal/valid contract. You can remember them with the acronym VPLCC (Very Precise Lawyers write Clear Contracts): Voluntary, Promise, Legal, Competent parties, and Consideration   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook https://www.facebook.com/AHA.REEP   YouTube https://www.youtube.com/channe...

Episode 009 - Tips to Calculate Net to Seller Math is difficult, but we help you understand how to work through those questions like calculating the net to seller.   SHOW NOTES Net to seller formula when sale price is known: Sales Price – Commission Amount – Other Liens, Payoffs, and Costs = Net to Seller Net to seller formula when the net income is known, but don't know the sales price: Sales Pri...

Episode 008 - Relationship of Broker to Agent There are many elements to remember when an agent is working for a broker. We cover several that you will need to know for your exam.   SHOW NOTES Remember the role of the broker and how the agent must act when working for them. Commissions, contracts, and expectation are a good start.   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Faceb...

Episode 007 - Covenants of a General Warranty Deed The general warranty deed is the best deed a grantor can provide to a grantee. In this episode we explain what the grantor is providing.   SHOW NOTES General warranty deeds include five covenants and you will need to know what they are: Covenant of Seisin Covenant Against Encumbrances Covenant of Further Assurances Covenant of Quiet Enjoyment Cove...

Episode 006 - My Name is PETE (Governmental Controls) Know the four governmental powers and controls. Easily remembered by using the acronym PETE   SHOW NOTES The government has certain controls they can exert on property owners to protect the public and serve the greater good. Know the four powers with the acronym PETE. Police Power Eminent Domain Taxation Escheat   A-Ha LINKS   Email info@aharee...

Episode 005 - Real Property Rights (DEEP C) Know the acronym DEEP C for the five real property rights.   SHOW NOTES There are five real property rights you need to know for the exam. They can best be remembered with the acronym DEEP C. Disposition Exclusion Enjoyment Possession Control   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook https://www.facebook.com/AHA.REEP   YouTub...

Episode 004 - Condominiums Condominiums have two parts of ownership. Know what they are.   SHOW NOTES Condominiums include three vital parts you need to know for the state exam.   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook https://www.facebook.com/AHA.REEP   YouTube https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwcyc0i6A

Episode 003 - Math:  The Bane of Your Existence! There are many four-letter words used in daily life. (Present company included!) Our real estate students use many four-letter words when describing another word...math. You can't escape those irritating formulas and calculations, but Brian gives some tips to handle them, all while keeping your sanity. Good luck with that!   SHOW NOTES 02:37 – Don't...

Episode 002 - KNOW the Terms and Definitions Real estate terms and definitions you learned in class are vital. You'll need to know them forwards and backwards. Knowing them will help you to break down questions, eliminate wrong answers, and enable you to pass the real estate exam. Brian discusses several ways to remember terms and definitions.   SHOW NOTES 01:58 – The questions are tricky and they...

Episode 001 - Preparing for the Exam Preparing for the real estate licensing exam involves so much more than just studying terms and definitions. It takes a multi-faceted approach, including getting your mind and body ready to tackle the stressful situation of taking a test. In this episode, Brian discusses some ways to align your mind and study habits to enable you to successfully pass your real...

Episode 000 - Intro to A-Ha! Real Estate Exam Prep Podcast Our intro episode tells you a little about us, who we are, what we do and, ultimately, how we can help you through your real estate classes and exams. Be sure listen for the secret Promo Code!   SHOW NOTES 02:34 – About Brian, your podcast host. 06:07 – Podcast layout. Frequency, topics, questions, and tips, tricks, and secrets. 08:35 – A-...