Real estate sales person - Study guides, Class notes & Summaries
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GA Auction Study Guide Exam Questions With 100% Correct Answers
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GA Auction Study Guide Exam Questions 
With 100% Correct Answers 
An auction listing contract - answerMust be written to be enforceable 
Seller - answerIn the contracting to operate a consignment auction this determine the rules of 
the sale between the auctioneer and the _____ 
If a public auction your seller directs you to disregard ethical behavior, you should: - 
answerAvoid the seller 
A real estate deed is a document to determine; - answerConvey land ownership 
An auctioneers license numbe...
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Champions Real Estate Finance Exam Questions and Answers 2023
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_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer- Closing 
 
The primary determinants of real estate values are supply and _____. - Answer- Demand 
 
_____ is something of value that can be pledged as security for repayment of a loan. - Answer- Collateral 
 
Servicing includes which of the following activities? - Answer- Maintaining records of payment 
 
The monet...
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Florida Real Estate State Exam Questions and Answers 2024
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In which area of brokerage has absentee ownership increased the demand? - Correct answer-Property management 
 
How is a real estate appraiser typically paid? - Correct answer-A fee based upon time and difficulty of the appraisal 
 
What does the local planning agency have the authority to approve - Correct answer-A subdivision plat map 
 
What is it called when a developer gives the land to a government body - Correct answer-Dedication 
 
What business is a licensee engaged in who markets, leas...
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Florida Real Estate U Final Exam Questions & Answers(RATED A)
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An appraisal can be completed by which of the following? 
 
A home inspector 
A real estate broker 
A licensed appraiser using USPAP standards 
A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards 
 
What is a BPO? 
 
Broker Price Opinion 
Best Practice Organization 
Best Prospective Offer 
Beyond Present Opportunities - ANSWERBroker Price Opinion 
 
Which of the following is incorrect? 
 
Farming methods include Direct Mail and Just Listed Post Cards. 
Farming only invo...
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45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 (GRADED)
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An economic recovery is defined as 
A) 
two successive quarterly declines in the gross domestic product. 
B) 
two successive quarterly increases in the gross domestic product. 
C) 
a period of higher housing prices. 
D) 
two successive periods of stock market gains. correct answers B) 
two successive quarterly increases in the gross domestic product. 
Explanation 
When consumers, lured by lower prices, venture back into the market, business activity increases 
and confidence begins to return. Sl...
And that's how you make extra money
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AIC 301 - Final Exam Prep Questions And Answers 100% Verified
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AIC 301 - Final Exam Prep Questions And 
Answers 100% Verified 
The act of leaving a dangerous article such as a gun or car with a person who the lender knows, 
or should know, is likely to use it in an unreasonably risky manner is known as 
Select one: 
A. Negligent entrustment. 
B. Contributory negligence. 
C. Negligent supervision. 
D. The dangerous instrumentality doctrine. - answerA. Negligent entrustment. 
There was a large unmarked sinkhole on Charlotte's property, a short distance from ...
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Real Estate Sales Person Exam Prep (California) 100% Correct Answers | Verified | Latest 2024 Version
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When agent Andy took a listing, he promised the seller that he would advertise the property in a 
magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never 
contacted them or submitted the ad. Andy is guilty of: - Actual Fraud 
A fee simple estate is: - an estate of inheritance 
If an appraiser is appraising a special purpose property he would probably use the: - Cost Approach 
The main purpose of "RESPA" (Real Estate Settlement Procedures Act) is t...
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South Carolina Real Estate Exam (State Portion Only) Questions and Answers
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South Carolina Real Estate Exam (State Portion Only) 
Questions and Answers 
The creditor should ascertain the preference of the _____ as to legal counsel relating to 
closing the loan and insurance agent. 
A) lender 
B) seller 
C) real estate agent 
D) borrower - Correct Answer ️️ -D) borrower 
The assumption fee when assuming a loan in SC may not exceed _____. 
A) 1% of the loan or $400, whichever is greater 
B) 1/2% of the loan 
C) $500 
D) 1% of the loan or $400, whichever is less - Corr...
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Champions Powerhouse Training SAE 146 Questions with Verified Answers,100% CORRECT
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Champions Powerhouse Training SAE 146 Questions with Verified Answers 
 
An area of neighborhoods or sub divisons that 
is serviced by your firm. - CORRECT ANSWER Geographic Farm 
 
A plan by which you develop to gain name 
recognition - CORRECT ANSWER Marketing Plan 
 
Becoming different in your approach through 
growth and development - CORRECT ANSWER differentiate 
 
All the properties in a particular price range, 
in the area your firm services - CORRECT ANSWER economic farm 
 
Words or cont...
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Aceable Agent Texas Real Estate Principles I questions and answers
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Broker's Price Opinion (BPO) 
A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property 
 
 
 
Closing 
The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount 
 
 
 
Comparative Market Analysis (CMA) 
A report comparing the prices of sold homes that are similar to the subject property (called comparables), created by a license ho...
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