WI Real Estate case studies

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

The Wisconsin Real Estate Salesperson (RES) credential is the entry-level real estate license issued by the Department of Safety and Professional Services (DSPS). DSPS lists it in its A-Z professions directory alongside the Real Estate Broker (REB) and Real Estate Business Entity (REBE) credentials, and candidates apply for, renew, and manage the credential through LicensE, the department's online credentialing system. The WI Real Estate case studies are 5 cases and about 2,514 words.

In-House Showing Turns Into Multiple Representation

Ben and Chloe signed an exclusive buyer agency agreement (WB-36) with Maya, a licensee at North Shore Realty. They have been preapproved to 340,000 but told Maya in confidence they will not pay more than 315,000 and do not want that ceiling disclosed.

539 words, about 3 min 2

Counteroffer, Roof Defect, and Low Appraisal

On June 1, seller Dana listed a house at 412,000. Buyer Eli submitted a WB-11 offer at 400,000 with 8,000 earnest money, a 4% seller credit, closing June 20, a 7-day home inspection contingency, a 21-day financing contingency, and an appraisal contingency.

521 words, about 3 min 3

Land Contract, Later Mortgage, and Judgment Lien

In 2020 Owen sold a 40-acre parcel to Priya on a 15-year land contract. Priya paid 60,000 down, has made every payment, built a barn, and fenced the parcel.

467 words, about 2 min 4

Low Appraisal, Gift Funds, and Seller Credit

Buyer Marcus is preapproved for a 260,000 purchase. He has saved 14,000 and his parents will give him 12,000 as a gift.

503 words, about 3 min 5

Discriminatory Ad Copy and Off-MLS Listing

Sam takes a 90-day listing on a 3-bedroom ranch at $289,000. The seller, a landlord, instructs Sam to advertise: 'Ideal for young professionals-no children, quiet Christian neighborhood.' The seller also says he will not accept any offer from a buyer using a housing voucher and wants the listing kept off the MLS for two weeks so only 'our kind of people' see it.

484 words, about 2 min