Lesson 1.1

Mortgage Brokers

A broker who arranges a loan between a lender and a borrower for a fee

General Contractors

A contractor whose principal business is in connection with any structure being built (or to be built) , requiring in its construction the use of at least two unrelated building trades or crafts

Architects

A licensed professional who designs buildings with construction documents and specifications

Real Estate Brokers

A person or organization acting as the agent for others and negotiating the purchase and sale of real property for a fee

Property Managers

A person who manages properties for an owner as the owner's agent

Home Inspectors

A qualified professional trained and experienced in evaluating buildings and their components

Real Estate Salespersons

An individual, working under the supervision of a sponsoring broker, who is licensed to negotiate and arrange real estate sales

Appraisers

One qualified by education, training and experience was hired to estimate the value of a real and personal property based on experience judgment, facts, and the use of formal appraisal processes