A realtor must - Study guides, Class notes & Summaries

True or false, when working with a buyer, an agent should make sure the buyer has enough for a down payment AND closing costs? correct answers True A major difference of a Comparative Market Analysis and an appraisal performed for a lender is that ___ correct answers Lender's appraisals for federally insured financial institutions must be prepared by licensed appraisers, while a CMA is prepared by a real estate broker At what time can a licensed broker commingle tenant security deposits a...

Real Estate State Practice 2/Answered 100% Correctly/Latest 2024 Real Estate State Practice 2/Answered 100% Correctly/Latest 2024 In which of the following would prevent a seller from providing marketable title? Mechanic's Lien The seller has required that the buyer must use his title insurance company and that brokers reduce their portion of the real estate commissions, increasing the seller's net proceeds This is illegal according to RESPA If a license mentions MLS when advertisi...

REAL ESTATE ACEABLE SMALL QUIZZES LVL 1 QUESTIONS AND ANSWERS, GRADED A+ Duplex, triplex, or fourplex residences are all considered - -Multifamily residences. The building and the land are owned just as in a single family dwelling; however, there are separate residences in the building. Industrial real estate does NOT include: a warehouse a manufacturing facility a triplex a distribution center - -A Triplex. Industrial real estate includes manufacturing facilities, warehouses, distri...

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...

Florida Real Estate Exam Practice Questions 2024 Questions and Answers 100% Pass Which statement is true regarding the use of the term REALTOR? A. All real estate licensees are realtors B. All realtors are members of the NAR C. The term real estate licensee and realtor may be used interchangeably D. The Florida DBPR authorizes the use of the term realtor - Correct Answer ️️ -b. The term "follow-up" refers to a. returning calls in a timely manner. b. completing instructions given b...

360 Training Sessions Latest Update Graded A+ National Association of Realtors (NAR) The largest professional association in the real estate industry Was first organized in 1908 To be a full member of this association, a person must be licensed in an individual state to sell real estate and must join the local board of the NAR. In most areas, this board is called the Association of REALTORS A REALTOR® is a professional in real estate who subscribes to a strict code of ethics k...

AHIT Test Questions (Answered 100% Correctly) 2024/2025 AHIT Test Questions (Answered 100% Correctly) 2024/2025 In an older home, a forced hot air furnace is replaced by a heat pump. The heat coming out of the register is: a. Hotter b. Cooler c. Same d. Depends on the air duct layout b. Cooler What is the most serious safety hazard with an exterior door? a. Door knob set at 3' 6" b. A foot quick release, security bracket c. Double cylinder dead bolt (keyed inside and outside) ...

Oklahoma Real Estate Test Questions with Certified Solutions In general, when the supply of a certain commodity increases Prices tend to drop The cyclic changes in the national economy & the law of supply and demand The real estate market is subject to The typical real estate licensee must have specialized knowledge of a variety of subjects which include of the following Financing, Contracts, & Valuation The regulatory body established by the legislature and empowered to carry o...

How many square feet in one acre? - There are 43,560 square feet in an acre Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? - $332,600 To solve this problem, set up an equation using P for the answer you seek: You know that the seller walked away with $306,000. If the agent was to take 8% of the selling price (P), then the seller received 92% of...

What type of roof requires on interlayment of felt between courses? a. Wood shakes b. Roll roofing c. Wood shingles d. Slate shingles - Answer-a. Wood shakes In an older home, a forced hot air furnace is replaced by a heat pump. The heat coming out of the register is: a. Hotter b. Cooler c. Same d. Depends on the air duct layout - Answer-Cooler When inspecting kitchen cabinets: a. Observe that they are securely attached to the wall b. Remove everything from the cabinets and insp...