Exam (elaborations)
2024 COLIBRI REAL ESTATE CHAPTER 1 TEST EXAM WITH CORRECT ANSWERS
- Course
- Institution
2024 COLIBRI REAL ESTATE CHAPTER 1 TEST EXAM WITH CORRECT ANSWERS
[Show more]
Content preview
2024 COLIBRI REAL ESTATECHAPTER 1 TEST EXAM WITH
CORRECT ANSWERS
What is the acronym you can use to remember the board factors that impact
the real estate market? - CORRECT ANSWERS-P-E-G-S
What is another word that refers to the non-homogeneity of real property? -
CORRECT ANSWERS-Uniqueness
An increase in the cost of goods or services is known as - CORRECT
ANSWERS-Inflation
Which is NOT a physical characteristic of land? - CORRECT ANSWERS-Balance
The regulation of money through the Federal Reserve Board. - CORRECT
ANSWERS-Economic, government
The property's exact position in a neighborhood, city, and region. - CORRECT
ANSWERS-Physical
The buyer's tastes and standards based on lifestyle. - CORRECT ANSWERS-
Social
The main industry of an area - CORRECT ANSWERS-Economic
General trends of buyers toward one city or area over another. - CORRECT
ANSWERS-Social
The Fed's plan for spending and debt management. - CORRECT ANSWERS-
Economic
The relative supply of available houses. - CORRECT ANSWERS-Economic,
social
Tax breaks and other tax policies - CORRECT ANSWERS-Government
What is the impact of low inflation on the real estate market? - CORRECT
ANSWERS-It decreases the cost of a newly built home
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Elitaa. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
62890 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now