In this real estate exam prep video, we will discuss Auctions. Selling real property using the Auction Method is a big part of the real estate profession. You also need to know some key real estate terms for your real estate licensing exam. They include:

Offeree –
Offeror –
For Sale By Auction –
Absolute Auctions –
Auction With Reserve (a.k.a. Reserve Auction) –
Personal Property –
Chattel –
Personalty –

Best of luck with your studies…

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New real estate exam prep videos uploaded 2-3x per week to students pass their real estate exam. Feel free to leave a comment, suggestion, or questions asked in the comment section.

Email me: PaulVojchehoske@gmail.com

Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
The Real Estate Classroom
P. O. Box 540725
Omaha, NE 68154
(402) 660-0395

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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.

Cheers,
Paul Vojchehoske


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