#RealEstate

What is a Comparative Market Analysis (CMA)?

Mar 1
1 min

What is a Comparative Market Analysis (CMA)?

A comparative market analysis (CMA) is a valuation estimate for a home that is used to assist agents in setting the list price for a property. It can also be used to assist buyers in making competitive offers on the property that is for sale. The (CMA) takes into account the property's location, age, size, structure, style, condition, and other criteria that can be utilized as comparable properties. Get your Real Estate training. Register here: tocrres.com/register #RealEsta

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What is Required to Renew Your License After 2 Years?

TOCR Real Estate School

Mar 1
1 min

What is Required to Renew Your License After 2 Years?

In order to qualify for license renewal, a salesperson must complete 12 credit hours of CE applicable to the license term. At least six of the twelve credits must be obtained in courses within the defined core topics. The six shall include at least two credits on ethics and at least one credit in Fair Housing & New Jersey Law Against Discrimination. The remaining six credits can be electives or other core topics. Interested in a career as a real estate agent? Visit www.tocrre

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How Long Is A Real Estate License Valid in NJ?

TOCR Real Estate School

Feb 28
1 min

How Long Is A Real Estate License Valid in NJ?

In New Jersey, all real estate licenses are issued on the basis of a 2-year license term. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education #OnlineLearning

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TOCR Real Estate School

Feb 27
1 min

Upcoming Weekday Class!

Our next weekday class is starting on March 7th, 2022! Have you been thinking about a career in real estate? Check out our upcoming real estate pre-licensing courses here: tocrres.com/register! Hurry, time is running out! #RealEstate #NewCareer #Education #OnlineLearning

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TOCR Real Estate School

Feb 26
1 min

What's A Realtor®?

A Realtor® is a real estate professional who is also a member of the National Association of Realtors® (NAR). To become a member, real estate professionals may pay membership dues and agree to abide by the association's ethics and standards. Interested in becoming a Realtor®? Visit www.tocrres.com/register to get started today. Classes are filling up fast! #RealEstate #NewCareer #Education #OnlineLearning

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TOCR Real Estate School

Feb 25
1 min

Easement Appurtenant

A covenant or contract that runs with the land is called an easement appurtenant. When the title to the real property is transferred to a new owner, the easement appurtenant is transferred with the title to the property. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education #OnlineLearning

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TOCR Real Estate School

Feb 24
1 min

What Is An Easement?

The legal right to use another person’s property for a specific purpose is called an easement. In layman’s term, an easement is a right to trespass. If a person is granted an easement, they can use the property, but the title to the property remains with the real property owner. Thus, the easement holder does not have the same rights to the property as the owners. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #

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Darlene Freidman

Feb 24
1 min

What is a Seller's Market?

In real estate, a seller's market occurs when demand exceeds supply. In other words, there are a large number of potential buyers, but there aren't a lot of available homes for sale. Because of this, sellers have an advantage. Homes tend to sell much more quickly, and buyers must compete against multiple offers to get their desired home. School Classes begin soon! Register here: tocrres.com/register #RealEstate #NewCareer #OnlineLearning

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How Are Littoral Rights Different than Riparian Rights?

TOCR Real Estate School

Feb 23
1 min

How Are Littoral Rights Different than Riparian Rights?

These two types of rights are extremely similar, but there is one significant distinction. Littoral rights are given to owners of property that share boundaries with non flowing bodies of water such as lakes, seas or oceans. Riparian rights are rights attributed to the owner of property along flowing bodies of water such as streams and rivers. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education

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What is Real Property VS Personal Property

TOCR Real Estate School

Feb 22
1 min

What is Real Property VS Personal Property

Real property and personal property are both terms that are frequently discussed in Real Estate School. Real Property can be defined as the land plus anything growing on it, attached to it or erected on it, including man-made objects. These objects which are called "improvements" include buildings, structures, roads, sewers, and fences, but exclude anything that may be removed from the land without injury to it. Personal Property is property that is moveable and not permanent

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TOCR Real Estate School

Feb 22
1 min

Still Considering a Career in Real Estate?

Here are a few reasons why a career in real estate may be a good fit for you. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education #OnlineLearning

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Upcoming Class Schedule : Reserve Your Spot Today!

TOCR Real Estate School

Feb 20
1 min

Upcoming Class Schedule : Reserve Your Spot Today!

Our upcoming real estate pre-licensing courses are filling up fast! Make sure to secure your seat at tocrres.com/register ! #RealEstate #NewCareer #OnlineLearning #Education

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What is a clear title contingency and how does it protect buyers?

TOCR Real Estate School

Feb 19
1 min

What is a clear title contingency and how does it protect buyers?

A title search is conducted prior to the purchase of a new home to ensure that a buyer receives a free and clear title to the property. A clear title contingency allows the buyer to back out of the deal if the title search reveals that there are any unpaid taxes, a contractor's lien, or any other sort of claim against the property. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education #OnlineLearn

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Darlene Freidman

Feb 18
1 min

Finding the Perfect Home!

Starting a home search can be intimidating at first because there are so many options available! A skilled real estate agent can assist you throughout the entire process of locating the ideal house based on your needs. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education #OnlineLearning tocrres.com

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Darlene Freidman

Feb 18
1 min

First Impressions Are Everything!

You only get one chance to make a good first impression. Among the most important components of selling your property is to ensure that it has great "curb appeal." Homeowners should consult a licensed real estate professional for tips on how to make their home the most appealing to potential buyers. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education #OnlineLearning

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TOCR Real Estate School

Feb 17
1 min

Appraisal Contingency

An appraisal contingency states that a satisfactory home appraisal must be completed. This clause protects both the buyer and the lender in case the value of the home doesn’t line up with the sale price. In some instances, a buyer can include terms that agree to proceed with the purchase even if the appraisal is below the specified amount. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education #Onl

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What is a home of choice contingency and why are we seeing more of them in today's market?

TOCR Real Estate School

Feb 17
1 min

What is a home of choice contingency and why are we seeing more of them in today's market?

Due to a lack of inventory, it’s becoming increasingly common for sellers to list their home with a contingency in place that allows them time to secure another purchase before proceeding with the sale of their current home. This is called a home of choice contingency. It allows the seller to list their home and search for another without having to pay two mortgages. Interested in a career as a real estate agent? Click here to learn more information on how to get started. #re

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TOCR Real Estate School

Feb 16
1 min

Inspection Contingency

An inspection contingency sets a window of time in which a buyer must complete a home inspection. This helps to ensure that there are no major defects with the home. If there are any major issues a buyer can ask that they be remedied or they have the right to void the contract without penalties. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education #OnlineLearning

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TOCR Real Estate School

Feb 15
1 min

Mortgage Contingency

A mortgage contingency is a type of contingency in a real estate contract that requires a buyer to secure financing within a specified period of time. This protects the buyer so that if they are unable to secure the financing needed, that they may be able to back out of the contract without being penalized. Interested in a career as a real estate agent? Visit www.tocrres.com/register to get started today. #RealEstate #NewCareer #Education #OnlineLearning

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TOCR Real Estate School

Feb 14
1 min

Contingencies in Real Estate

What are contingencies in real estate and why are they so important? A contingency can best be defined as a clause in a formal real estate contract that states that certain conditions must be met by either the buyer or the seller in order to continue to the next step in the contract. Only when ALL contingencies are fulfilled can the sale of the home be finalized. If the contingencies are not met, then both parties must agree to renegotiate the terms or terminate the contract.

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