BOB HOGUE SALES ASSOCIATE EXAM
REVIEW QUESTIONS & ANSWERS SOLVED
the @.product @.that @.real @.estate @.licensees @.market @.is @.- @.correct @.answers @.✔✔ @.-information
knowledge @.of @.property @.transfer, @.knowledge @.of @.market @.conditions, @.knowledge @.of @.how
@.to @.market @.real @.estate @.or @.business
a @.competent @.licensed @.real @.estate @.professional @.must @.know @.the @.economic @.and @.legal
@.intricacies @.associated @.with @.transfers @.of @.- @.correct @.answers @.✔✔ @.-title, @.property @.taxes,
@.financing, @.and @.local @.zoning @.ordinances
to @.be @.successful, @.licenses @.must @.know @.how @.to @.- @.correct @.answers @.✔✔ @.-market @.real
@.estate @.and @.businesses
real @.estate @.brokerage @.- @.correct @.answers @.✔✔ @.-the @.business @.of @.bringing @.together
@.buyers @.and @.sellers, @.owners @.and @.renters, @.and @.of @.completing @.real @.estate @.transactions
5 @.sales @.specialties @.of @.real @.estate @.- @.correct @.answers @.✔✔ @.-residential, @.commercial,
@.industrial, @.agricultural, @.business
real @.estate @.professionals @.have @.found @.that @.advertising @.money @.is @.more @.efficiently @.spent
@.and @.produces @.better @.outcomes @.if @.efforts @.are @.focused @.on @.a @.target @.market @.- @.correct
@.answers @.✔✔ @.-target @.marketing @.involves @.expertise @.in @.locating @.prospects
many @.brokers @.and @.sales @.associates @.prefer @.to @.select @.one @.specific @.portion @.of @.a @.city
@.and @.become @.an @.expert @.in @.that @.particular @.portion, @.called @.- @.correct @.answers @.✔✔ @.-
farm @.area
,property @.management @.- @.correct @.answers @.✔✔ @.-professional @.service @.conducted @.by @.a
@.person @.or @.company @.hired @.to @.maintain @.and @.manage @.property @.on @.behalf @.of @.the
@.property @.owners
property @.manager @.- @.correct @.answers @.✔✔ @.-the @.property @.owners @.local @.representative
rental @.agents @.- @.correct @.answers @.✔✔ @.-typically @.find @.a @.tenant @.for @.property @.and @.collect
@.a @.fee
absentee @.owner @.- @.correct @.answers @.✔✔ @.-a @.property @.owner @.who @.does @.not @.reside @.on
@.the @.property @.and @.who @.often @.relies @.on @.a @.professional @.property @.manager @.to @.manage
@.the @.investment
a @.property @.manager @.who @.is @.paid @.by @.commission @.or @.on @.a @.transactional @.basis @.must
@.be @.- @.correct @.answers @.✔✔ @.-licensed @.as @.an @.active @.real @.estate @.broker
CAM @.(community @.association @.manager) @.- @.correct @.answers @.✔✔ @.-association @.consists @.of
@.10+ @.units, @.or @.has @.budget @.higher @.than @.$100,000
appraisal @.- @.correct @.answers @.✔✔ @.-process @.of @.developing @.and @.communicating @.an @.opinion
@.about @.a @.property's @.value
FREAB @.(florida @.real @.estate @.appraisal @.board) @.- @.correct @.answers @.✔✔ @.-regulates @.state
@.certified @.and @.licensed @.appraisers. @.federally @.related @.transaction
USPAP @.- @.correct @.answers @.✔✔ @.-uniform @.standards @.of @.professional @.appraisal @.practice
florida @.law @.requires @.appraisers, @.real @.estate @.brokers, @.and @.sales @.associates @.to @.abide @.by
@.- @.correct @.answers @.✔✔ @.-USPAP @.when @.conducting @.appraisals @.of @.real @.property.
CMA @.- @.correct @.answers @.✔✔ @.-comparative @.market @.analysis. @.sellers @.often @.ask @.real
@.estate @.brokers @.and @.sales @.associates @.what @.buyers @.are @.likely @.to @.pay @.for @.their
@.property's
BPO @.- @.correct @.answers @.✔✔ @.-brokers @.price @.opinion. @.a @.written @.opinion @.of @.the @.value
@.of @.real @.property
the @.money @.you @.earn @.is @.- @.correct @.answers @.✔✔ @.-your @.brokers
financing @.- @.correct @.answers @.✔✔ @.-life @.blood @.of @.real @.estate. @.business @.of @.providing
@.funds @.that @.make @.real @.estate @.transactions @.possible.
counseling @.- @.correct @.answers @.✔✔ @.-service @.of @.analyzing @.existing @.or @.potential @.projects
@.and @.providing @.advice @.to @.individuals @.and @.firms @.regarding @.the @.purchase @.and @.use @.of
@.real @.estate @.investments
,3 @.phases @.of @.development @.and @.construction @.- @.correct @.answers @.✔✔ @.-land @.acquisition,
@.subdividing @.and @.development, @.recording @.the @.subdivision @.plat @.map
subdividing @.- @.correct @.answers @.✔✔ @.-process @.of @.converting @.parcels @.of @.land @.into @.smaller
@.units @.or @.lots.
development @.- @.correct @.answers @.✔✔ @.-improving @.raw @.land
subdivision @.plat @.map @.- @.correct @.answers @.✔✔ @.-developers @.submit @.for @.new @.development
@.for @.review @.by @.the @.gov
dedication @.- @.correct @.answers @.✔✔ @.-gift @.of @.land @.by @.an @.owner. @.involves @.streets,
@.sidewalks, @.park @.areas, @.and @.other @.improvements. @.streets @.and @.public @.areas @.obligates
@.the @.local @.government @.to @.maintain @.them.
3 @.categories @.of @.residential @.construction @.- @.correct @.answers @.✔✔ @.-speculative, @.custom
@.homes, @.tract @.homes
the @.local @.government @.impacts @.the @.real @.estate @.business @.through @.- @.correct @.answers
@.✔✔ @.-property @.taxation @.and @.regulatory @.activities
the @.state @.government @.impacts @.the @.real @.estate @.business @.- @.correct @.answers @.✔✔ @.-when
@.ownership @.to @.real @.property @.is @.transferred @.or @.pledged @.as @.collateral @.for @.a @.mortgage
the @.federal @.government @.impacts @.the @.real @.estate @.business @.through @.- @.correct @.answers
@.✔✔ @.-fiscal @.and @.monetary @.policies
NAR @.- @.correct @.answers @.✔✔ @.-national @.association @.of @.realtors. @.largest @.trade @.organization
@.in @.the @.world. @.promotes @.ethics @.and @.education @.in @.the @.industry. @.NAR @.realtors @.must
@.complete @.3 @.hours @.of @.training @.every @.4 @.years
florida @.statute @.20 @.- @.correct @.answers @.✔✔ @.-executive @.branch @.of @.floridas @.government
florida @.statute @.chapter @.475 @.part @.1 @.- @.correct @.answers @.✔✔ @.-pertains @.to @.real @.estate
@.brokerage, @.sales @.associates, @.schools
florida @.statute @.chapter @.475 @.part @.2 @.- @.correct @.answers @.✔✔ @.-pertains @.to @.real @.estate
@.appraisers @.and @.sets @.forth @.requirements @.for @.licensed @.and @.certified @.appraisers @.according
@.to @.federal @.statute. @.FREAB @.(florida @.real @.estate @.appraisal @.board) @.regulates @.state
@.certified, @.licensed @.and @.registered @.trainee @.appraisers
florida @.statute @.chapter @.475 @.part @.3 @.- @.correct @.answers @.✔✔ @.-commercial @.real @.estate
@.sales @.commision @.lien @.act @.gives @.broker @.lien @.rights @.for @.earned @.commission. @.applies @.to
@.commercial @.property, @.NOT @.residential. @.Lien @.is @.only @.against @.the @.onwers @.new @.proceeds
@.from @.the @.sale @.and @.does @.not @.attach @.to @.the @.commercial @.real @.property.
, florida @.statute @.chapter @.475 @.part @.4 @.- @.correct @.answers @.✔✔ @.-the @.commercial @.real
@.estate @.leasing @.commission @.lien @.act, @.gives @.broker @.lien @.rights @.for @.earned @.commission
@.associated @.with @.brokerage @.agreement @.to @.lease @.commercial @.real @.estate
chapter @.455 @.- @.correct @.answers @.✔✔ @.-professions @.regulated @.by @.DBPR @.(dept @.business
@.and @.professional @.regulation). @.discipline @.a @.real @.estate @.licensee @.who @.failed @.to @.notify
@.DBPR @.within @.30 @.days @.of @.conviction, @.finding @.of @.guilt, @.plea, @.or @.adjudication @.of @.a
@.crime
florida @.statute @.120 @.- @.correct @.answers @.✔✔ @.-procedural @.process @.for @.all @.governmental
@.entities @.authorized @.under @.the @.florida @.constitution.
chapter @.61J2 @.- @.correct @.answers @.✔✔ @.-FREC @.(florida @.real @.estate @.commission) @.rules
sales @.associate @.- @.correct @.answers @.✔✔ @.-person @.who @.performs @.real @.estate @.services @.for
@.compensation @.but @.who @.does @.so @.under @.the @.direction, @.control, @.or @.management @.of @.a
@.broker/owner @.developer
broker @.- @.correct @.answers @.✔✔ @.-a @.person @.who @.for @.another, @.and @.for @.compensation @.or
@.other @.consideration @.(or @.anticipation @.of @.compensation @.or @.other @.consideration) @.performs
@.real @.estate @.services
broker @.associate @.- @.correct @.answers @.✔✔ @.-a @.person @.who @.holds @.a @.brokers @.license @.but
@.chooses @.to @.register @.and @.work @.in @.real @.estate @.under @.the @.direction @.of @.another @.broker.
an @.individual @.typically @.begins @.a @.real @.estate @.career @.in @.Florida @.as @.- @.correct @.answers
@.✔✔ @.-a @.licensed @.sales @.associate. @.starts @.with @.license @.as @.voluntary @.inactive @.sales
@.associate
owner @.developer @.- @.correct @.answers @.✔✔ @.-an @.unlicensed @.entity @.that @.sells, @.exchanges,
@.or @.leases @.its @.own @.property
becoming @.a @.broker @.requires @.- @.correct @.answers @.✔✔ @.-additional @.education, @.experience,
@.and @.passing @.the @.broker @.license @.exam
license @.application @.expires: @.- @.correct @.answers @.✔✔ @.-2 @.years @.after @.the @.date @.the @.DBPR
@.receives @.the @.application
military @.veteran @.and @.spouse @.waiver @.- @.correct @.answers @.✔✔ @.-DBPR @.has @.the @.authority
@.to @.waive @.the @.initial @.application, @.license, @.and @.unlicensed @.activity @.fees @.for @.military
@.vets @.and @.their @.spouses @.who @.apply @.for @.a @.real @.estate @.license @.within @.60 @.months
@.after @.honorable @.discharge
background @.check @.of @.criminal @.history @.- @.correct @.answers @.✔✔ @.-a @.withhold @.of
@.adjudication @.must @.be @.disclosed @.on @.the @.application