Tammy Lankford,, Broker  GA Lake Sinclair/Eatonton/Milledgeville (Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668)

Spam prevention
Rainmaker
4,799,651
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I just saw some great answers to your questions here already, Tammy.  And, in all honesty, I've forgotten what the totally useless things they taught me since they are totally useless.  

May 15, 2016 04:31 AM
Ambassador
3,724,022
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital
  1. Water rights
  2. Calculating loan payments using an Amortization Book
  3. Which crimes would prevent you from getting a real estate license (murder and rape were OK, but embezzling money was not OK)
May 15, 2016 04:34 AM
Rainmaker
2,707,329
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

My brain automatically dumps any worthless or nonsense so-called knowledge Tammy Lankford, so I can't recall any useless information

May 15, 2016 10:40 AM
Rainmaker
923,920
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

1 - 3. To sit still and not ask any actual insight-revealing questions.
I honestly can't remember that far back any more.
The glossary was pretty goofy, and usufruct sounded like some kind of infection. Hypothecate is what you do when you're drunk and talking to no one. LOL!

May 15, 2016 09:00 AM
Rainmaker
2,669,053
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

You know Tammy Lankford, ...I erased all that from my memory as soon as I passed all exams...Good riddance too.

May 15, 2016 07:31 AM
Rainmaker
1,027,535
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

Things like how many people are on the real estate board (or whomever the governing body is, LOL)...I cannot ever imagine why I would need to know it unless I'm being summoned to appear before them, in which case, I would think my education would be better spent on avoiding behavior that would land me in that situation. 

May 15, 2016 07:03 AM
Rainmaker
1,319,671
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

100% of what I learned to get my license.

My education began the day I walked into my first brokerage.

May 15, 2016 05:44 AM
Ambassador
5,612,144
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I like all knowledge, it makes me more rounded.

I do use the acreage calculations all the time, in many situations that go far beyond what most will ever dream would be needed.

May 15, 2016 04:57 AM
Ambassador
3,986,910
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

My list is pretty much your list. I would add townships to the list as that is not how my area refers to properties. 

May 15, 2016 10:25 AM
Rainmaker
675,835
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo
  1. metes
  2. bounds
  3. riparian rights
May 15, 2016 08:35 AM
Rainmaker
5,764,444
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

metes and bounds

realtist glad that word disappeared

We did a lot of leasing and I never used the word usufruct  A

May 15, 2016 04:27 AM
Rainmaker
1,748,718
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

1)  My all time fav I use here in Q&A - raparian rights. I'm going to trip up those Utah kids.

2)  How much oil was left in the farmers heating system to credit at closing.

3)  Regulation Z

I've done the acres thing many times if you can believe it. 

Usufruct?  I'll put that in my dictionary I guess - I'd flunk that one.

 

May 15, 2016 04:27 AM
Rainmaker
934,423
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Calculating total square footage based on odd angles of the roof!

Metes and bounds stands out as well

Other than that I can't really remember anything else - I do think some of the questions on the re-exam for renewal are nuts also

May 15, 2016 10:09 PM
Rainmaker
4,334,703
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

1. riparian rights and your #2 and #3 are right up there.

May 15, 2016 09:09 PM
Ambassador
4,315,625
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Tammy Lankford, frankly, water rights and some terminology I have never used in my practical life as a real estate professional.

And coming to Real Estate Math, I am good at calculating commision - however, anything beyond that....I've never done!

May 15, 2016 04:28 PM
Rainmaker
1,172,389
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

wife mentioned .14 ac is awful small. I replied avg lot size 6000 sf ish....

She asked how much  I said larger lot like 7400sf.... How do you know?  I got in my head lot time ago?

May 15, 2016 01:25 PM
Ambassador
950,676
Mimi Foster
Falcon Property Company - Colorado Springs, CO
Voted Colorado Springs Best Realtor

Riparian rights is the first one that comes to mind.

Metes and bounds is the only other one that I remember that far back :)

May 15, 2016 12:58 PM
Rainmaker
1,771,442
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I agree and can't remember Tammy. I do remember that it was more like a business law class and had nothing to do with day to day scene of what we do.

May 15, 2016 12:49 PM
Rainmaker
1,683,406
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

All three would be anything where I could use a calculator or a laser ruler instead of doing it the old fashioned way.

May 15, 2016 12:15 PM
Ambassador
2,090,712
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I don't remember the useless things because I don't use them. I do calculate square footage into acres all the time though. 

May 15, 2016 08:44 AM
Rainmaker
533,044
Robert May
Robert W May - Lethbridge Real Estate - Lethbridge, AB
Real estate consulting

in my region, we are precluded from providing any advice or opinion on anything about the consctuction, quality, or measurements of the property.  This alone makes 99% of the course irrelevant.

May 15, 2016 08:06 AM
Rainmaker
4,193,677
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

What a rod is, boy now you got me thinking.

May 15, 2016 07:04 AM
Ambassador
3,119,454
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

#2 and 3 that you listed. Yes, I have calculated pro-rating homeowners insurance 

There are many dumb things we had to learn that we never use in real estate.

May 15, 2016 05:26 AM
Ambassador
1,831,273
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

I've forgotten because I never used it in 30 years.  LOL

Most of what students learn in prelicensing class is useless in the trenches. 

May 15, 2016 05:19 AM
Rainer
12,960
Teniqueka Green
Lafayette, LA

I'm reading everyone's answers and I laugh because I took the national portion 4 times because of all this useless information lol. Everything you all are listing I remember from the test. 

May 21, 2016 02:25 PM
Rainmaker
5,163,149
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

LOL, still remember one question about how much concrete it would take to pour a new sidewalk.  REALLY....never used it.

May 18, 2016 11:47 PM
Rainmaker
1,413,354
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Until I came here, I thought the questions about water rights were useless.  Now I realized I can charge Utah students to answer them!

 

I think the vast majority of the classes were pointless for "regular" residential sales.  If it doesn't apply to city based residential, it isn't really applicable to my business.  Water rights, stream based errosion and deposits and identifying lot lines when there are no streets... totally useless!

May 16, 2016 04:21 AM
Rainmaker
1,465,977
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Tammy Lankford, I don't think any of the information is really useless. When I first go into real estate, these were things we had to know. I can remember way back where an agent was going around the office asking what if he should write "Tenants in Common" on an investment property for two owners. We also pre-qualified buyers and renters before showing them properties.

When I see answers to questions like "That's not my area of expertise, ask your attorney or lender" I cringe. The terminology learned in the Principles class is basic real estate terminology everyone should know. The purpose for the Principles class is to give the person a well rounded knowledge of the laws of real estate not how to sell real estate. Anyone can learn to be a salesperson whether it's insurance sales, car sales or real estate. It's the Principles class that teaches real estate and the broker's job to teach salesmanship.

I've taught over 2,500 students and found by combining the text information with real life experiences, the students always had a better understanding of this business. Hopefully, they will understand what "Tenants in Common" means should the question every come up when writing an offer and they won't have to tell their client to ask their attorney.

May 16, 2016 12:03 AM
Rainmaker
4,222,358
Richard Weeks
Dallas, TX
REALTOR®, Broker

The government survey system, the economic characteristics of land, the physical characteristics of land.

May 15, 2016 11:10 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

The glossary.

May 15, 2016 11:08 PM
Rainmaker
4,212,518
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Some many great answers - and all true for me as well.   

May 15, 2016 10:47 PM
Rainmaker
3,070,584
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

How many rods in an acre??

Who cares??!! 

May 15, 2016 10:47 PM
Rainmaker
797,632
Susan Laxson CRS
Premier Sotheby's International Realty - Naples, FL
Realtor in Naples & Marco Island, FL

Your list covers the big ones for me, along with a few of the other responses.

May 15, 2016 10:21 PM
Rainmaker
6,857,163
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Many of the CE classes in our are contain useless material that is poorly presented.

May 15, 2016 09:39 PM
Rainmaker
1,157,535
FN LN
Toronto, ON

I have not seen the word "usufruct" for many years and it was in relation to a country south of you.

May 15, 2016 09:39 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Insurance

Most financing

problem solving

May 15, 2016 11:18 AM
Rainmaker
1,209,159
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

1.  How to write a purchase agreement.  

2.  Some blah blah about ethics or whatever.  

3.  Procuring something a rather...  

May 15, 2016 06:20 AM
Rainmaker
3,368,106
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Completing bpos, i use square footage to acres daily. 43560 BTW. A lot of things learned back then are no longer in use, but great to know how to pre qual a buyer and know what actual ratios are. 

May 15, 2016 05:08 AM
Rainer
21,291
Grace Hanamoto
Intero Real Estate - Sunnyvale, CA
Quality, Knowledge, Professionalism, Experience

OMG Tammy, your comments kill.

 

Okay, yes I have to prorate homeowners insurance and have had to do it many times so knowing that little trick has been useful. Yes, I've also had to calculate square footage to acreage and vice-versa.

There are terms that are so industry specific as to be meaningless to consumer, and I agree those were unnecessary bits to learn.

But, while I don't have THREE things to note, I can say that entire section we had to learn about business brokering has never once been used by me in all of my 11 years in this business and the 25 years I spent in the real estate industry prior to that not as a Realtor.

Usufuct...haha.  I love it!

May 15, 2016 04:19 AM