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CRS study plan

CRS · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Professional Standards and Ethics

  • Write a one-page map of each fiduciary duty (care, obedience, loyalty, disclosure, confidentiality, accounting) with two concrete broker behaviors that satisfy and two that breach each duty.

  • Distinguish in writing between a standard-of-care failure and an ethics violation across five scenarios you author yourself.

  • Recite from memory, in correct order, the path a complaint takes from filing through investigation to discipline and appeal.

  • Draft a personal decision checklist for conflicted situations such as dual agency, referral compensation, and advertising claims.

Your checkpoint

One-page fiduciary duty map plus five self-authored scenario write-ups with cited reasoning, self-graded to at least 85% on a same-day re-test of those five.

Week 2

Professional Standards and Ethics & Contracts, Negotiation, and Transaction Management

  • Apply the week-1 ethics checklist to eight contract-adjacent situations: property-condition disclosure, compensation changes mid-transaction, and dealing with an unrepresented party.

  • Identify the elements required for an enforceable contract and label each element inside a purchase agreement outline you write from scratch.

  • List ten contract terms that must be in writing and explain in one sentence why each prevents a dispute.

  • Build a plain-language glossary of 25 contract and agency terms without copying any source wording.

Your checkpoint

Annotated contract-elements diagram plus a 25-term original glossary, self-quizzed to 90% accuracy.

Week 3

Contracts, Negotiation, and Transaction Management

  • Sequence a complete transaction from listing agreement to closing, assigning an owner (agent, broker, lender, title, or client) to every deadline and contingency.

  • Compute five proration and closing-cost problems by hand, then verify each in a spreadsheet and explain any difference.

  • Write a contingency-removal checklist and name three realistic failure points for each major contingency.

  • Draft one buyer-side and one seller-side negotiation plan covering interests, walk-away point, and a three-step concession ladder.

Your checkpoint

End-to-end transaction timeline with deadline owners plus five solved proration problems at 100% accuracy after verification.

Week 4

Pricing, Valuation, and Market Analysis

  • Build a comparable adjustment grid and run it on six properties, justifying each adjustment in one line.

  • Match the sales-comparison, cost, and income approaches to five property types and state why the others fit poorly.

  • Calculate net operating income, capitalization rate, and gross rent multiplier from given figures without a formula sheet.

  • Write a client-facing explanation of why list price and appraised value diverge, in under 200 words.

Your checkpoint

Completed six-property adjustment grid plus 15 valuation calculation problems scored at 85% or better.

Week 5

Pricing, Valuation, and Market Analysis & Listing and Buyer Representation

  • Construct a 12-month absorption-rate and months-of-inventory analysis from a dataset you assemble yourself.

  • Write a one-page market-conditions summary a seller could actually read and act on.

  • Compare the common listing agreement types and name the duties and termination rights each creates.

  • Identify five pricing errors sellers make and the market evidence that corrects each.

Your checkpoint

One-page market report containing an absorption analysis, a months-of-inventory figure, and a recommended price range with support.

Week 6

Listing and Buyer Representation

  • Map the buyer-representation workflow from needs assessment through showings and offer, marking every point where agency status must be disclosed.

  • Write ten fair-housing-safe advertising and showing practices and flag five common violations with the correction for each.

  • Outline a listing presentation covering pricing rationale, marketing plan, and disclosure obligations.

  • Prepare six discovery questions for a buyer consultation and script the follow-up to each answer.

Your checkpoint

Listing presentation outline plus buyer consultation script, self-scored against a 20-point checklist you write in advance at 18/20 or better.

Week 7

Business Development, Finance, and Technology & Professional Standards and Ethics

  • Build a one-page business budget linking income goal, commission split, operating expenses, and break-even transaction count.

  • Compute break-even deals and net income under two different split structures and state which favors a new agent.

  • Select five technology tools (CRM, e-signature, CMA, transaction management) and justify each against data-security and client-privacy criteria.

  • Audit a social media post template against advertising and fair-housing rules and rewrite it to be compliant.

Your checkpoint

One-page business budget with break-even math shown plus a compliant, original social media post template.

Week 8

Professional Standards and Ethics & Listing and Buyer Representation & Pricing, Valuation, and Market Analysis & Contracts, Negotiation, and Transaction Management & Business Development, Finance, and Technology

  • Complete two full-length timed practice exams and log every miss by domain and by error type (knowledge gap, misread, formula slip).

  • Re-drill the two weakest topics until repeat accuracy reaches 90%.

  • Recite from memory a single five-step framework for attacking ethics, contract, and pricing questions.

  • Compress all formulas, statutory deadlines, and core duties onto one page you can review in ten minutes.

Your checkpoint

Scorecard showing 85% or better on both full-length exams plus a one-page formula-and-duty sheet.

Milestones

Week 2: Score 80% or better on a 30-question self-written quiz drawn only from the week 1-2 duty map and glossary, with every miss traced back to a named duty or contract element.

Week 4: Score 80% or better on a 60-question mixed set covering Professional Standards and Ethics plus Contracts, and complete a 10-minute recorded teach-back of the ethics decision checklist.

Week 6: Score 80% or better on a 50-question mixed set covering Pricing/Valuation and Listing/Buyer Representation, and produce both the adjustment grid and market report with no unresolved calculation errors.

Week 7: Business budget reconciles to the dollar: income goal minus splits and expenses equals planned net, and break-even deal count matches the math when recalculated independently.

Week 8: Two timed full-length practice exams at 85% or better, with no domain scoring below 75%, and the one-page formula-and-duty sheet complete from memory.