Standards - Career & Technical Education

Course: Buying and Selling Real Estate

CTE21.MKT.BSRE.FS.1

Incorporate safety procedures in handling, operating, and maintaining tools and machinery; handling materials; utilizing personal protective equipment; maintaining a safe work area; and handling hazardous materials and forces.

Course: Buying and Selling Real Estate

CTE21.MKT.BSRE.1

Identify and explain basic concepts and terminology associated with buying and selling real estate.

COS Examples

Examples: equity, loan-to-value ratio, term, payment, principal, interest, direct and indirect costs, points, discounts, return on investment, rate of return

Course: Buying and Selling Real Estate

CTE21.MKT.BSRE.3

Calculate costs and fees involved in buying and selling real estate.

COS Examples

Examples: discount points, equity, down payment, property tax, prorations, commission and commission splits, seller’s proceeds of sales, buyer’s funds needed at closing

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