Absentee owner - Study guides, Class notes & Summaries

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...

FREC Practice Test Questions & Answers 2023/2024 1. Which of the following statements is true regarding a mortgage loan originator (MLO)? a. A mortgage loan originator is the same as a mortgage broker. b. A mortgage loan originator must have a separate license. c. A mortgage loan originator makes loans. d. A mortgage loan originator must have a real estate license. - ANSWER-B 2. A real estate appraiser's fee for professional service is based on which of the following? a. A percentage...

Florida Real Estate Exam / Florida Real Estate Exam 2025 with 100% correct answers LATEST UPDATE 2024 GRADED A+ Owners that buy income properties as investments and depend on professionals to manage them - ANS-Absentee Owners a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal - ANS-CMA -Comparative Market Analysis... A contractor is employed by an owner of land to build on that land to the owner...

Licensing Exam Latest Updated Property Manager - ANSWER-Hired by property owner to market, maintain, and oversee the day-to-day of the property. Often Rental. Absentee Owner - ANSWER-Property owner who does not occupy the property. Property Manager Responsibility - ANSWER-realize the highest return possible on the owner's investment. Market Analysis - ANSWER-report that analyzes and assess the property, region, and neighborhood Fair Marketing - ANSWER-Organizations cant pick and choose t...

BOB HOGUE SALES ASSOCIATE EXAM REVIEW | 500+ ACTUAL QUESTIONS AND ANSWERS VERIFIED BY EXPERT | UPDATED the product that real estate licensees market is 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 - title, property taxes, financing, and local zoning ordinances to be successful, licens...

Owners that buy income properties as investments and depend on professionals to manage them - correct answer Absentee Owners a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal - correct answer CMA -Comparative Market Analysis... A contractor is employed by an owner of land to build on that land to the owner's specifications - correct answer Custom Building When a contractor builds on his own land with the hope of locating a purchase...

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...

Absentee Owner - A property holder who does not reside on the property and who usually relies on a property manager to manage the investment. Appraisal - The process of developing and communicating an estimate of a property's Appraiser - Appraisers charge a fee based on the time and difficulty of the appraisal assignment and are not paid commission. Broker Price Opinion (BPO) - A broker's written opinion of the value of a particular property that may not be used in connection with the or...

Owners that buy income properties as investments and depend on professionals to manage them - Absentee Owners a Value estimated based on resent sales of similar properties in the same neighborhood, not an appraisal - CMA -Comparative Market Analysis... A contractor is employed by an owner of land to build on that land to the owner's specifications - Custom Building When a contractor builds on his own land with the hope of locating a purchaser after construction has been completed - Specu...

the product that real estate licensees market is - 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 - title, property taxes, financing, and local zoning ordinances to be successful, licenses must know how to - market real estate and businesses real estate brokerage - the business of bringing tog...