Ch 19: New Construction Real Estate

About This Chapter

In this chapter, you can review all you need to know to improve your knowledge of new construction real estate. From land development to contracts, you can rest assured that you will be well-prepared to pass an exam or answer questions after completing this chapter.

If you are interested in learning more about the land development procedures for new construction, this chapter can help. You can also take a look at sales considerations and review the relationship of the agent/broker to the builder. Every pertinent aspect of new real estate construction is thoroughly covered in this chapter. By the end of the chapter, you should be able to:

  • Explain land development procedures for new construction
  • Understand sales considerations
  • Define terms and timetables in new construction real estate
  • Understand builder relationships
  • Describe project marketing tactics and guidelines
  • Explain new construction contracts and sale services

Using our instructor-created materials, you will find clear definitions and explanations of a variety of new construction concepts. This chapter is chock full of definitions, explanations, and important information for you to review. Spend as much or as little time as you need on each lesson, using the self-check quiz at the end of each to evaluate your learning.

6 Lessons in Chapter 19: New Construction Real Estate
Test your knowledge with a 30-question chapter practice test
Land Development Procedures for New Construction

1. Land Development Procedures for New Construction

This lesson will discuss factors to consider when working with land development for new construction: highest and best use, public/private utilities, planning, zoning, permitting, hazardous waste, sinkholes, wetlands, and development plans.

Sales Considerations for New Construction

2. Sales Considerations for New Construction

Helping a buyer purchase a home is one of the prime responsibilities of an agent. When a buyer wants to purchase a new home, there are special considerations that must be made. Learn what new home construction is and how it works.

New Construction Real Estate: Terms & Timetables

3. New Construction Real Estate: Terms & Timetables

In this lesson, we define construction terms and timetables for new construction real estate. We also identify the stages of home or building construction and explain how to use blueprints, systems, architecture, features, and benefits as sales tools.

Understanding Builder Relationships in Real Estate

4. Understanding Builder Relationships in Real Estate

Builders are an important part of the real estate industry, building homes, commercial properties, and other forms of real estate. Learn how you can work with builders to increase your business.

Project Marketing for New Construction Real Estate

5. Project Marketing for New Construction Real Estate

This lesson will explain the importance of project marketing when working with new construction real estate, as well as discuss target markets, marketing and advertising plans, and marketing budgets.

New Construction Contracts & Sale Services

6. New Construction Contracts & Sale Services

New home construction contracts are sales contracts for new homes which will be built by the builder. This lesson covers new home construction contracts.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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