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Colibri Real Estate. Chapter 1 Test Questions and Answers 100% Solved
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Colibri Real Estate. Chapter 1 Test
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Colibri Real Estate. Chapter 1 TestThe regulation of money through the Federal Reserve Board. - answer Economic,
government
The property's exact position in a neighborhood, city, and region. - answer Physical
The buyer's tastes and standards based on lifestyle. - answer Social
The main industry of an area - answer Economic
General trends of buyers toward one city or area over another. - answer Social
The Fed's plan for spending and debt management. - answer Economic
The relative supply of available houses. - answer Economic, social
Tax breaks and other tax policies - answer Government
Trends such as single-parent households or empty nest households - answer Social
The topography of the area. - answer Physical
The presence of or lack of water. - answer Physical
The current interest rate - answer Economic, government
The availability of schools in the area - answer Social
The opening of a new corporate headquarters - answer Economic
Empty nesters looking to downsize - answer Social
In general, a real estate licensee may NOT accept compensation for selling _________
on behalf of a client. - answer Securities
The majority of new licensees begin their work in what market? - answer Single-family
residential
An independent contractor licensee - answerEarns commission based on the results of
his or her work efforts.
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