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WEICHERT REAL ESTATE SCHOOL CHAPTER 1 QUESTIONS AND ANSWERS 100% CORRECT $12.99
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WEICHERT REAL ESTATE SCHOOL CHAPTER 1 QUESTIONS AND ANSWERS 100% CORRECT

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WEICHERT REAL ESTATE SCHOOL CHAPTER 1 QUESTIONS AND ANSWERS 100% CORRECTWEICHERT REAL ESTATE SCHOOL CHAPTER 1 QUESTIONS AND ANSWERS 100% CORRECTWEICHERT REAL ESTATE SCHOOL CHAPTER 1 QUESTIONS AND ANSWERS 100% CORRECT Property Management - ANSWER-Management of another's property for compensation ...

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  • January 28, 2025
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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WEICHERT REAL ESTATE SCHOOL
CHAPTER 1 QUESTIONS AND
ANSWERS 100% CORRECT
Property Management - ANSWER-Management of another's property for compensation

Brokerage - ANSWER-Bringing together parties interested in a real estate transaction

Realtor ® - ANSWER-Member of National Association of REALTORS, adhere to Code
of Ethics

Categories of Real Property - ANSWER-Residential, Commercial, Industrial,
Agricultural, Special-Purpose

Real Property - ANSWER-Interests, benefits, and rights associated with real estate
ownership

Demand - ANSWER-Amount of goods people are willing and able to buy

Salesperson - ANSWER-Performs real estate activities under supervision of licensed
real estate broker

Development - ANSWER-Construction of improvements on land, i.e., new homes, water
lines

Subdivision - ANSWER-Splitting a single property into smaller parcels

Market - ANSWER-Place where goods are bought and sold, price is established

Residential - ANSWER-All property used for single-family or multifamily housing,
whether urban, suburban, or rural areas


Home Inspection - ANSWER-Is the profession that allows practitioners to combine their
interests in real estate with their professional skills and training in the construction
trades and engineering

Counseling - ANSWER-Involves providing clients with competent independent advice
based on sound professional judgement

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