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BOB HOGUE SALES ASSOCIATE EXAM REVIEW WITH QUESTIONS AND 100% ALL CORRECT ANSWERS
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BOB HOGUE SALES ASSOCIATE EXAM REVIEW WITH QUESTIONS AND 100% ALL CORRECT ANSWERS
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JACKLINEBOB HOGUE SALES ASSOCIATE EXAM REVIEW WITH QUESTIONS AND
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100% ALL CORRECT ANSWERS
Terms in this set (505)
information
the product that real estate licensees market is
knowledge of property transfer, knowledge of market conditions, knowledge of how to market real
estate or business
a competent licensed real estate professional must title, property taxes, financing, and local zoning ordinances
know the economic and legal intricacies associated
with transfers of
to be successful, licenses must know how to market real estate and businesses
the business of bringing together buyers and sellers, owners and renters, and of completing real
real estate brokerage
estate transactions
5 sales specialties of real estate residential, commercial, industrial, agricultural, business
, real estate professionals have found that advertising target marketing involves expertise in locating prospects
money is more efficiently spent and produces
better outcomes if efforts are focused on a target
market
many brokers and sales associates prefer to select farm area
one specific portion of a city and become an expert
in that particular portion, called
professional service conducted by a person or company hired to maintain and manage property on
property management
behalf of the property owners
property manager the property owners local representative
rental agents typically find a tenant for property and collect a fee
a property owner who does not reside on the property and who often relies on a professional
absentee owner
property manager to manage the investment
a property manager who is paid by commission or licensed as an active real estate broker
on a transactional basis must be
CAM (community association manager) association consists of 10+ units, or has budget higher than $100,000
appraisal process of developing and communicating an opinion about a property's value
FREAB (florida real estate appraisal board) regulates state certified and licensed appraisers. federally related transaction
USPAP uniform standards of professional appraisal practice
florida law requires appraisers, real estate brokers, USPAP when conducting appraisals of real property.
and sales associates to abide by
comparative market analysis. sellers often ask real estate brokers and sales associates what buyers
CMA
are likely to pay for their property's
BPO brokers price opinion. a written opinion of the value of real property
the money you earn is your brokers
financing life blood of real estate. business of providing funds that make real estate transactions possible.
service of analyzing existing or potential projects and providing advice to individuals and firms
counseling
regarding the purchase and use of real estate investments
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