CO Real Estate case studies

CO Real Estate · Put your knowledge to work in context.

A Colorado real estate broker license is issued by the Division of Real Estate, one of the divisions of the Colorado Department of Regulatory Agencies (DORA). DORA describes itself as "the state's umbrella regulatory agency, charged with managing licensing and registration for multiple professions and businesses, implementing balanced regulation for Colorado industries, and protecting consumers." Broker candidates generally move through pre-licensure education, a licensing examination, a background check, and an application, but every specific - item count, time limit, passing score, exam fee, retake waiting periods, and license term - must be confirmed with the Division of Real Estate before you schedule. The CO Real Estate case studies are 5 cases and about 3,577 words.

The Check in the Desk Drawer

You are the employing broker of a four-agent firm in Grand Junction. On Friday, March 7, broker associate Dana takes a 15,000 earnest money check for a resale purchase.

708 words, about 4 min 2

The Buyer Who Told You Too Much

You are a single agent (seller's agent) for the owner of a 650,000 townhome in Fort Collins. At an open house, an unrepresented buyer tells you she is preapproved to 700,000, loves the unit, and asks what the seller would really take.

747 words, about 4 min 3

August 12: Taxes, Rent, and a Deposit

You are the transaction-broker handling a closing set for Tuesday, August 12. Contract price is 520,000.

703 words, about 4 min 4

The Listing That Outruns the Comps and the Cash

You represent buyers who are preapproved for a purchase price up to 475,000 with 10% down. They have 60,000 in cash, and you estimate closing costs and prepaids at 3% of the purchase price.

642 words, about 3 min 5

Two Acres, a Full Basement, and a Full Disclosure Form

You list a 1972 ranch house on two acres outside Durango. The seller completed the Seller's Property Disclosure and, at your prompting, admits the finished basement seeped twice last spring and that a buried heating-oil tank was abandoned in place in 1998.

777 words, about 4 min