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Real Estate Exam [Texas] 24, Property Identification and Sales Price
Published: May 9, 2026
Duration: 3:24
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Why a street address alone is an insufficient and invalid property description on the TREC contract.
- The critical importance of listing items in Paragraph 2D (Exclusions) to avoid them conveying with the property.
- How to correctly calculate and verify the sales price formula in Paragraph 3 (Cash + Financing = Sales Price).
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