Gold Coast Real Estate Final Exam WITH COMPLETE SOLUTIONS COMPLETE STUDY GUIDE BUNDLE 2023

Realtor - 100 test A 40,000 mortgage for a term of 20 years was originated at an 8%interest rate, with monthly mortgage payments of 334.58 what is the principal balance remaining after the second monthly payment? - $39,863.72 If the price of a lot $9 per square food how many square feet are con...

1. The real estate market is local in nature what does that mean? - Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Pro...

What are the the areas a realtor should be an expert in? - Marketing Valuation & Market Conditions Property Transfer "MVP" Does one need to be a resident of the state or a citizen of the U.S. to get a FL real estate license? - to get a FL real estate license, you don't need to be a citizen ...

Real Estate Brokerage (Ch. 1) - A business in which real estate-related activities are performed under the authority of a licensed real estate broker Farming (Ch. 1) - concentrating on one type or style of property in one particular area of neighborhood Property Transfer, Valuation & Marketing...

What is Farming? - Agent dominates specific area/neighborhood/town Also known as door to door. What are the three areas sales associates must be experts in? - Must be experts in Valuation, Marketing, and Property Transfer What key knowledge must you have to be involved in Industrial Sales? (No...

Code of Ethics: Duties to clients and customers: - 1. Do not provide misleading information 2.Represent both parties in the same transaction only after full disclosure and with both parties being consented and informed. 3. Submit all offers and counteroffers quickly and objectively. 4. Maint...

Tract building - When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cos...

1. Property managers who are employed and compensated by community associations are required to obtain and maintain which type of license? CAM 2. What term is used for the practice of specializing in one particular residential neighbourhood or type of property? Farming 3. upon closing a sale...

Tract building - When a dev. Acquired land, records a plat map and uses a model centre from which sales may be made Local level - Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost an...