Texas Principles of Real Estate 1:
Chapter 1 Quiz/10 Questions and
Answers
Listing Contract - -A contract in which a property owner employs a real
estate broker to market the property described in the contract is known as
the...
-Special Agent - -A real estate agent is an example of what type of agent...?
-Market Comparison Approach - -A means of comparing similar type
properties, which have recently sold, to the subject property is known as
the...?
-Residential
Commercial
Industrial - -The general uses of real property include which of the
following...?
-The salesperson's sponsoring broker - -If a real estate salesperson closes
on a transaction, who pays the salesperson their commission...?
-Commercial Property - -Properties with five or more dwelling units are
considered...?
-Supply - -The amount of goods offered for sale within a given market at a
given price during a given time period is known as...
-General Agent - -A property manager is an example of what type of
agent...?
-Principal - -The employer of an agent is known as the...?
-Residential - -The market comparison approach is commonly used for this
property type...?
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