GRI Marketing Exam Questions with Correct Answers (Already Passed)
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Module
GRI
Institution
GRI
GRI Marketing Exam Questions with Correct Answers (Already Passed)
There is no practical way to eliminate all molds and mold spores in an indoor environment; the key to control mold growth is to control: - Answer-moisture
It is the responsibility of the person servicing, maintaining, or repairi...
GRI Marketing Exam Questions with
Correct Answers (Already Passed)
There is no practical way to eliminate all molds and mold spores in an indoor
environment; the key to control mold growth is to control: - Answer-moisture
It is the responsibility of the person servicing, maintaining, or repairing an air-
conditioning unit or other CFC-containing appliance to: - Answer-prevent the release of
CFCs into the air.
Benefits in addition to energy efficient mortgages include: - Answer-lower utility bills,
rebates, & environmentally friendly.
Green building elements include: - Answer-energy and resource conservation, waste
reduction, and improved indoor environment.
Green building is more durable, but sells slower. - Answer-FALSE
Many states are adopting tax credits for projects that incorporate LEED standards, and
some local governments require all municipal buildings to meet them. - Answer-TRUE
Facts about the Energy Star building movement: - Answer-the total number of homes
built to meet energy star guidelines is over 1.3 million; more than 18000 buildings and
plans have earned the ES designation for superior energy performance.
Building America is a program developed by the DOE and the residential building
industry to: - Answer-create and implement innovative building processes and
technologies.
The Code of Ethics calls upon REALTORS to: - Answer-support green building efforts,
require the building of adequate housing, functioning cities, development of productive
industries and farms, & preservation of a healthful environment.
Green buildings include all of the following except: - Answer-insulated and low-e
windows, high efficiency heating/cooling & water heating units, rainwater holding tanks
and (free-flowing toilets).
Green building includes all except: - Answer-metal roofing, copper roofing, bamboo
flooring, (cellulite or cellular something).
, Indoor air quality can have many more pollutants than outdoor air quality. - Answer-
TRUE
Mechanical ventilation is also a key component of remediation in creating and
maintaining a healthier home by: - Answer-decreasing mold, radon, etc.
All are potential lead sources EXCEPT: - Answer-FSBOs, Expired Listings, Direct Mail,
YOUR TOP 25.
In TREC Rule 535.17, a real estate salesperson is permitted for a fee to perform a CMA
that does not conform to the USPAP provided the CMA contains the statement "THIS IS
A BROKER PRICE OPINION OR CMA AND SHOULD NOT BE CONSIDERED AN
APPRAISAL." - Answer-TRUE
Which of the following is not an appraisal method? - Answer-Cost Approach, Income
Approach, Sales Comparison Approach AKA Market Data Approach, BORROWER'S
LOAN APPROACH.
The science of right pricing will look for all EXCEPT: - Answer-Sold comparables,
currently listed properties, local market conditions, financing conditions, fluctuations in
interest rates, SEASONAL FLUCTUATIONS
The pyramid of value says that the number of buyers willing to pay a given price is
inversely proportional to the price. When the price is low there will be more buyers
willing to buy than when the price is high. - Answer-TRUE
Which of the following would not be used when selecting properties for comparison to
achieve right pricing? - Answer-Select properties that are as similar as possible to the
subject in terms of size, amenities, and condition; Properties should not be more than
15% larger/smaller than subject; sold properties should have sold as recently as
possible and not longer than 6 months previously, AGE OF THE PROPERTY SHOULD
BE WITHIN 6 YEARS (standard is within 3).
Regarding the TAR Listing Contract, property means: - Answer-"land, improvements,
and accessories described below", exceptions must be noted
Paragraph 2 of the TAR listing contract will control any dispute or difference between
what is in the listing contract and what is in the sales contract. - Answer-FALSE: THE
SALES CONTRACT SUPERSEDES THE LISTING
Paragraph 3 of the listing contract states: Seller will pay all typical closing costs charged
to sellers of residential real estate in Texas - Answer-TRUE
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