MA RE Broker study plan
MA RE Broker · Give each week a clear focus.
8 weeks · About 7 hours per week
Massachusetts real estate licensing law and Board regulations
Map the Massachusetts licensing statute and Board regulations into a one-page outline covering license categories, eligibility, and renewal cycles
Explain the difference between broker and salesperson authority, supervision duties, and license-holder obligations in your own words
List the disciplinary grounds and the penalty ranges the Board may impose, matching each ground to its remedy
Your checkpoint
A one-page annotated outline of Massachusetts licensing law with at least 20 cited rules or statutory sections
Massachusetts real estate licensing law and Board regulations
Describe the education, experience, and examination prerequisites for the broker license and how they differ from the salesperson path
Summarize advertising, office, and recordkeeping requirements that attach to a licensed brokerage
Draft 15 flashcards on license maintenance, continuing education, and reinstatement after lapse
Your checkpoint
A 15-question self-quiz on licensing rules scored at 80 percent or better, with missed items rewritten as notes
Brokerage practice, agency relationships, and disclosures
Distinguish the agency relationship types recognized in Massachusetts and identify how each is created and terminated
Explain fiduciary duties owed to a client and the duties owed to customers who are not represented
Outline the timing and content rules for agency disclosure so you can state who must receive what and when
Your checkpoint
A one-page agency disclosure checklist that a licensee could follow at a first client meeting
Brokerage practice, agency relationships, and disclosures
Analyze dual agency and designated agency scenarios and identify the written consent each requires
Describe how compensation, referral fees, and undisclosed interests create conflicts of interest under brokerage practice rules
Apply fair housing and advertising standards to three short fact patterns and reach a defensible conclusion
Your checkpoint
Three written fact-pattern analyses of at least 150 words each, each ending in a rule-based conclusion
Contracts, purchase and sale agreements, and leasing
Identify the required terms of a Massachusetts purchase and sale agreement and explain what happens when a term is missing
Sequence the offer, acceptance, attorney review, and closing timeline and note where contingencies attach
Compare the rights and obligations of landlord, tenant, and broker under a residential lease, including security deposit handling
Your checkpoint
A labeled timeline of a residential transaction from listing to closing with at least 12 steps and the governing rule for each
Contracts, purchase and sale agreements, and leasing & Property valuation, finance, and escrow account handling
Explain contingency clauses for financing, inspection, and appraisal and state the consequence of each failing
Compute prorations for taxes and rent at closing and verify the arithmetic against a sample settlement statement
Identify the escrow duties that attach to earnest money and security deposits, including account and disbursement rules
Your checkpoint
A completed sample closing statement with prorations recalculated by hand and a one-paragraph escrow compliance note
Property valuation, finance, and escrow account handling
Apply the three approaches to value to a single-family property and justify which approach carries the most weight
Compute loan-to-value, monthly payment components, and qualifying ratios for two borrower profiles
Describe escrow account handling requirements, including commingling prohibitions and reconciliation expectations
Your checkpoint
A valuation and financing worksheet for one property and two borrowers, with every figure shown and sourced
Massachusetts real estate licensing law and Board regulations & Brokerage practice, agency relationships, and disclosures & Contracts, purchase and sale agreements, and leasing & Property valuation, finance, and escrow account handling
Rehearse timed mixed-domain question sets and record accuracy by domain to target remaining weak areas
Restate the highest-risk rules from each domain from memory without notes
Resolve every item missed in earlier weeks and confirm each is now answered correctly with a stated reason
Your checkpoint
A full-length timed practice exam with a domain-by-domain accuracy table and a remediation log for every missed item
Milestones
Week 2: Score 80 percent or better on the licensing self-quiz and explain broker versus salesperson authority without notes
Week 4: Complete all three agency fact-pattern analyses and correctly identify the disclosure obligation and consent required in each
Week 6: Produce a closing statement whose prorations reconcile to the sample figures and state the escrow rules that apply
Week 8: Achieve at least 75 percent overall on the timed practice exam with no single domain below 70 percent