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Unit 17 Specializations questions with answers.
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Unit 17 Specializations questions with answers.
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Unit 17 Specializations questions withanswers.
Mark would like to stand out to prospective home buyers and seller as a REALTOR® who has gained in-
depth knowledge on technical subjects as well as the fundamentals of real estate. What designation will
help Mark do this?
A. GRI
B. CCIM
C. CPM
D. GAA ANS -A. GRI
Mark has several clients who are very interested in the environment and living in home with green
features. What designation would help Mark with those clients?
A. CPM
B. GREEN
C. CCIM
D. PMN ANS -B. GREEN
Some of Mark's clients are over the age of 50 and thinking about retiring, senior living, and downsizing.
What designation would help with this?
A. SRES
B. SIOR
C. SFR
D. RAA ANS -A. SRES
The RSPS is for an agent who specializes in: A. Resorts and second-home properties B. Ranch properties
C. Short Sale properties D. All of the above ANS -A. Resorts and second-home properties
The agent will be knowledgeable in types of property, form of ownership, and motivations for a second-
home purchase
, An agent who may or may not be a member of a local board of realtors, but whose primary business is
helping tenants to find property for lease is a(n):
A. Listing agent
B. Apartment locator
C. Buyer's agent
D. Onsite leasing consultant ANS -B. Apartment locator
A listing agent works with sellers, and a buyer's agent works with buyers.
A designation often sought by property managers is:
A. PMN
B. BPOR
C. CPM
D. RSPS ANS -C. CPM
CPM. This stands for Certified Property Manager
Knowledge of wildlife or agricultural tax exemption, fencing, improvement, subsurface, and land rights
and topography are all required for the: A. REO B. MPR C. SRES D. AFM ANS -D. AFM
The AFM stands for Accredited Farm Manager.
The National Association of REALTORS® (NAR) was founded in:
A. Texas
B. 1908
C. Oklahoma
D. 1968 ANS -B. 1908
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