Making Sense of Residential Real Estate Taxes | Self-Paced V.2027

While real estate tax computations are not within the duties of the real estate agent, it is the broker to whom the client often turns for clarification of taxes and tax prorations. Therefore, it is a benefit to the broker and to the client that the broker understands these processes.

The course educates the real estate agent in how real estate taxes are calculated. Learning how taxes are prorated for closings enables the agent to assist a seller in estimating closing costs when preparing a seller net sheet. The course educates agents so that they can explain how taxes are levied, prorated and protested. The information on how to protest real estate taxes is useful for the agent in assisting sellers and buyers in determining if they should protest their taxes.

This course is approved for 3 Hours of Illinois Elective CE Credit

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