Every year, real estate opportunities are lost because listings lapse, or would-be buyers can't get mortgage approval. Lease Option Agreements are a way to resolve both situations. Realtors will learn how to create and manage ethical, robust agreements so that buyers, sellers and realtors achieve the rewards of a successful closing at the end of the agreement term.
| Module 1 | Introduction to Lease Option Concepts: the Basics | |
|---|---|---|
| Unit 1 | How This Course Works | |
| Unit 2 | Why Are Lease Option Agreements Useful? | |
| Unit 3 | What Are the Elements of a Lease Option Agreement? | |
| Unit 4 | Buyers Who Might Benefit from Lease Options | |
| Unit 5 | Sellers Who Might Benefit from Lease Options | |
| Unit 6 | Investors Who Might Benefit from Lease Options | |
| Unit 7 | What Is a Managing Realtor? | |
| Unit 8 | What Are the Parties Agreeing to in a Lease Option Agreement? | |
| Unit 9 | Module One Quiz | |
| Module 2 | Quallifying Sellers, Properties and Tenant-buyers | |
| Unit 1 | What Are the Benefits of a Lease Option Agreement? | |
| Unit 2 | What Is a Tenant First Least Option? | |
| Unit 3 | What Are the Benefits of a 'Tenant First' Lease Option? | |
| Unit 4 | Why Qualify Properties in a 'Property First' Lease Option? | |
| Unit 5 | Property Reality Check | |
| Unit 6 | Documents You Will Need | |
| Unit 7 | Physical Property Inspection | |
| Unit 8 | Another Consideration: Location, Location, Location | |
| Unit 9 | What If the Property Is Less Than Ideal? | |
| Unit 10 | How to Qualify a Seller | |
| Unit 11 | Why It Is Important to Qualify the Tenant-buyer | |
| Unit 12 | Asking the First Questions | |
| Unit 13 | Summary of What to Know and What to Do | |
| Unit 14 | A Story About Gut Feelings | |
| Unit 15 | Module Two Quiz | |
| Module 3 | Working with the Numbers in a Lease Option Agreement | |
| Unit 1 | Take a Trip Through the Agreement | |
| Unit 2 | Starting Points for Hitting the Numbers | |
| Unit 3 | Projected Price of Property | |
| Unit 4 | About the Tenant-buyer's Monthly Payments | |
| Unit 5 | How to Figure Out the Rent & Monthly Option Fee | |
| Unit 6 | Tweaking the Monthly Option Fee to Benefit the Client | |
| Unit 7 | Achieving Balance | |
| Unit 8 | Module Three Quiz | |
| Module 4 | Helping Your Client Succeed | |
| Unit 1 | Real Life: the Context of the Lease Option Agreement | |
| Unit 2 | Income and Expense Overview | |
| Unit 3 | Don't Forget Debt Servicing and Savings | |
| Unit 4 | Client Reactions to a Realistic Budget | |
| Unit 5 | They Are Ready - Now What? | |
| Unit 6 | Module Four Quiz | |
| Module 5 | Who does What and When? | |
| Unit 1 | What the Seller Needs to Do | |
| Unit 2 | Tenant-buyer Responsibilities Before Moving In | |
| Unit 3 | Tenant-buyer Responsibilities After Moving In | |
| Unit 4 | Realtor Responsibilities at the Beginning of the Process | |
| Unit 5 | Realtor Responsibilities Upon Signing | |
| Unit 6 | Realtor Responsibilities for Closing | |
| Unit 7 | Sequence of Required Actions | |
| Unit 8 | A Word About Your Network | |
| Unit 9 | Module Five Quiz | |
| Module 6 | Final Exam and Case Study | |
| Unit 1 | Final Exam | |
| Unit 2 | Case Study |
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