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Modern Real Estate Practice (Paperback)

by Fillmore W. Galaty (Author), Wellington J. Allaway (Author), Robert C. Kyle (Author) "When people think of "real estate"-even people who are considering a real estate career-they tend to think about brokers and salespeople..." (more)
Key Phrases: define these key terms, annual effective gross income, proration problem, Fair Housing Act, Fannie Mae, United States (more...)
4.4 out of 5 stars See all reviews (11 customer reviews)


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Editorial Reviews

Product Description
Maintaining its standard of excellence, this revised and updated edition of Modern Real Estate Practice inlcudes more illustrations and examples than ever before. This new edition addresses buyer brokerage and sales agreements, the new facilitator or intermediary agent status, technology in the work place and environmental considerations in real estate as well as the principles of real estate law, finance, valuation and investment. --This text refers to an out of print or unavailable edition of this title.

Product Details

  • Paperback: 436 pages
  • Publisher: Real Estate Education Co; 14th Rev edition (June 1997)
  • Language: English
  • ISBN-10: 0793127548
  • ISBN-13: 978-0793127542
  • Product Dimensions: 11 x 8.2 x 1 inches
  • Shipping Weight: 2.4 pounds
  • Average Customer Review: 4.4 out of 5 stars See all reviews (11 customer reviews)
  • Amazon.com Sales Rank: #2,934,880 in Books (See Bestsellers in Books)

Inside This Book (learn more)
Browse and search another edition of this book.
First Sentence:
When people think of "real estate"-even people who are considering a real estate career-they tend to think about brokers and salespeople. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
define these key terms, annual effective gross income, proration problem, rent proration, finished reading this chapter, nonowning spouse, conventional life estate, general real estate taxes, insurance proration, life estate pur autre vie, interest proration, computerized loan origination, buyer agency agreement, reconveyance deed, calendar leap year, debit seller, annual net operating income, wraparound loan, statutory year, real estate math, real estate licensees, listing broker, cooperating broker, fractional sections, legal life estate
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Fair Housing Act, Fannie Mae, United States, Freddie Mac, Ginnie Mae, Disabilities Act, Uniform Settlement Statement, Equal Credit Opportunity Act, Real Estate Settlement Procedures Act, Broker's Fee, Supreme Court, Best Bank, Multiple Listing Service, Rolling Hills, Roomy Manor, Truth-in-Lending Act, Uniform Residential Appraisal Report, Broker Betty, General Title, Main Street, Mottley Mansion, Social Security, Development Parcel, Farmer Mac, Interstate Land Sales Full Disclosure Act
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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Customer Reviews

11 Reviews
5 star:
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4 star:
 (5)
3 star:
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2 star:    (0)
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Average Customer Review
4.4 out of 5 stars (11 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
16 of 18 people found the following review helpful:
5.0 out of 5 stars "THE BOOK-- to study to pass the test", September 26, 2002
By David G. Stokes (St. George, Utah, USA) - See all my reviews
(REAL NAME)   
There are a lot of books out there selling the idea of: nothing down, flipping, listing, rehabbing, wholesaling, the list goes on and on.

Each and every one of these authors has had experience in Real Estate. They explain this information as if the reader already knows the stuff. I would guess that 99% of the fortunes they've made has been through the writing of their books. Everyone wants to find a short-cut, including me.

I finally decided I would go back to the basics, and go to R.E. school, whether I got my license was not the issue. The curriculum for the class is this book. It does not contain any creativity or complex equations, which is perfect for the beginner.

I've read many get-rich in real-estate books, and have found great information in all of them. This book, however, is the meat and spuds. Buy it & read it.

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9 of 11 people found the following review helpful:
4.0 out of 5 stars A great stepping stone into the Real Estate world., September 5, 1999
By A Customer
As a teacher in pre-liscence Real Estate, I can highly recommend this book for anyone who is interested in getting into Real Estate. Some critics have said that the book may need a better math section, but you should remember that the book is designed to help you pass your exam and not intended as your sole training outlet. Anyone reading & studying this work has covered the material needed for exam purposes. The rest is usually left up to the Broker or experience to teach. I find the book to be extremely helpful in my classes.
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3 of 3 people found the following review helpful:
5.0 out of 5 stars Best study tool used., July 24, 2006
After comparing other study guides, Modern Real Estate Practice is by for superior. All the information is in a reader friendly format. The real estate math is made simple. The DVD testing is awesome. I would recommened this study book to anyone considering a real estate career.
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Most Recent Customer Reviews

5.0 out of 5 stars Great Text Book for Real Estate
Keep in mind, this is a text book. Not a ,"How To Get Rich in Real Estate", technique. Having graduated from Purdue Cal with an electrical engineering degree, I read text books... Read more
Published 17 months ago by John Lawler

5.0 out of 5 stars Modern Real Estate Practices
After giving up my RE license a couple of years ago, I decided to try and get it back. This is a great book, with lots of information that you both need to know and things that... Read more
Published on April 10, 2007 by K. Anderson

4.0 out of 5 stars Good Study Aid
Using this reference guide along with the materials supplied in my real estate class I was able to pass the examination for the real estate sales person license on the first... Read more
Published on March 3, 2006 by D. Weaver

5.0 out of 5 stars Clear, concise and incredibly useful
I am a FSBO/investor looking to gain a better understanding of the specific issues. The book provided a practical, no-nonsense approach. Read more
Published on July 19, 2005 by D. Luria

4.0 out of 5 stars Short Chapters are a Plus
I am interested in the field of Real Estate and purchased this book last year. I finally finished it and I found it to be informative and easy to read and understand. Read more
Published on April 17, 2004

4.0 out of 5 stars Very interesting , good practice questions after each chapte
I think this book is one of the best in learning how to get your license
Published on October 16, 1999

4.0 out of 5 stars Good introductory text
I found this book to provide an excellent overview of the real estate field. It would benefit from a more in-depth explaination of real estate math.
Published on July 2, 1999

3.0 out of 5 stars nice textbook for the real estate agent
enjoyed this textbook, but it neds the kind of higher level finance routines found in books by professor tirone and mr. coffin.
Published on March 20, 1999

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