About This Book
Modern Real Estate Practice is a foundational industry textbook published by Dearborn Real Estate Education. Since its introduction in 1959, it has helped train more than 3 million professionals, establishing itself as an essential resource for aspiring real estate agents and brokers preparing for licensing exams. The book provides thorough coverage of core principles, state and federal laws, finance, and professional ethics.
Key Topics Covered
- Real Estate Principles & Law: Property rights, ownership, land use controls, and regulations
- Transactions & Practice: Agency relationships, contracts, listing properties, real estate math, and closing procedures
- Modern Developments: Digital tools, electronic signatures, and current market practices
- Ethics: Professional standards aligned with industry codes of conduct
Format and Study Tools
The textbook is designed with the learner in mind, featuring unit overviews and summaries with clear learning objectives and key point reviews for every section. It also includes robust exam preparation materials such as sample practice exams, math FAQs, and test-taking aids.
The book is available in a comprehensive national edition as well as state-specific versions — such as Modern Real Estate Practice in Illinois — tailored to meet local pre-licensing education requirements.
Practice Tests Using This Book
This book is required or recommended for 2 licensing exams. We've written 99 practice questions directly from this material, each one citing the chapter and section it comes from.