In today's consumer-oriented environment, the public expects a real estate licensee to have a basic knowledge of:

The expectation that a real estate licensee possesses a basic knowledge of potential material matters affecting property value is critical in today's consumer-oriented real estate market. Buyers and sellers rely heavily on the expertise of licensees to understand how various factors—such as zoning regulations, environmental issues, and neighborhood developments—can impact the value of a property.

Clients are increasingly aware of the complexities involved in real estate transactions and look to their agents for guidance on how these material matters can influence their investment decisions. This knowledge is essential not only for advising clients but also for fostering trust and credibility in the relationship between a licensee and their clients.

While property financing options, current market trends, and neighborhood entertainment options are also important areas of knowledge, they do not directly equate to the fundamental understanding of how material matters can significantly affect property values. Addressing these issues demonstrates a commitment to providing comprehensive service, which is increasingly what consumers expect from real estate professionals in their decision-making process.