Residential brokerage Study guides, Class notes & Summaries
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Florida Real Estate Exam 2024/2025 with 100% correct answers
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administrative law - correct answer -Body of law created by administrative agencies in the form of rules, regulations, orders, and decisions. 
 
agent - correct answer -A person entrusted with another's business; the person authorized by the principal to act on the principal's behalf. 
 
at arm's length - correct answer -People conduct negotiations on their own behalf without trusting the other's fairness or integrity and without being subject to the other's control or influence. 
 
caveat empto...
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Gold Coast Real Estate Final Exam Questions and Answers Latest Update 2024 (Graded)
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Gold Coast Real Estate Final Exam Questions and Answers Latest Update 2024 (Graded) Real Estate Brokerage (Ch. 1) - Answer- A business in which real estate-related 
activities are performed under the authority of a licensed real estate broker 
Farming (Ch. 1) - Answer- concentrating on one type or style of property in one 
particular area of neighborhood 
Property Transfer, Valuation & Marketing (Ch. 1) - Answer- areas of expert knowledge 
that are required for all real estate licensees 
Residen...
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Gold Coast RE 1001 Cram, Practice Math and Final Exam with complete solutions
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312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? 
 
a. Nonrepresentation 
b. Single agency 
c. Dual agency 
d. Transaction brokerage - Answer- D. Transaction brokerage 
 
242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: 
 
a. Automatically be revoked 
b. Automatically be suspended 
c. Probably be revoked because of the 
con...
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Maine Real Estate Law Exam Prep Questions & Answers 100% Accurate(RATED A+)
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In Maine, a person without a real estate license may: - ANSWER-Call bids at a real estate auction. 
 
Under Maine law, "real estate brokerage' means: - ANSWER-A single instance of offering, attempting to conduct, or conducting real estate services on behalf of another for compensation. 
 
In Maine an agency that has a company policy that permits disclosed dual agency must provide a disclosed dual agency consent agreement to: - ANSWER-Prospective clients at the time of entering into a brokerage...
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45 Hour Post Licensing Exam Correct 100%
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A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for - ANSWER $300,000 
 
What facts need not be disclosed in a real estate transaction? - ANSWER The property was the site of a homicide. 
 
What is a good graphic to show a seller that there will be more activity if the property is competitively priced? - ANSWER The pricing pyramid 
 
A home sells for $310,500. Expenses of the sale are $4,800. The brokerage fee is $18,630. Prorati...
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New York Real Estate Exam with 100% Verified and Updated 2024
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New York Real Estate Exam with 100% 
Verified and Updated 2024 
Where is the license law written? - Answer ️️ -Article 12-A 
Who is responsible for administrative discipline of real estate licensees? - Answer ️️ - 
Department of State or Secretary of State 
Under NYS Real Property Law, when Department of State revokes a salesperson's license, how 
much time must past before the salesperson can be relicensed? - Answer ️️ -One year 
If a broker's licensed is revoked, what happens to ...
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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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Real Estate Brokerage SAE - Champion's School of Real Estate| 291 questions and answers
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Search Engine Optimization (SEO) 
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 
Video streaming through facebook. 
 
 
 
CoStar Database 
Functions much like a residential MLS, connecting commercial agents with brokerages, owners, lenders, property managers, appraisers, and investors. 
 
 
 
Virtual Reality (VR) 
A computer-generated image or environment that c...
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principal of real estate 1 final exam with 100% correct answer
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One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): 
 
A) attorney-in-fact 
B) broker with a listing 
C) special agent 
D) attorney-at-law 
attorney-in-fact 
 
 
 
No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: 
 
A) township 
B) section 
C) scarcity 
D) nonhomogeneity 
nonhomogeneity 
 
 
 
The five essential elements that make a contract valid are: comp...
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45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 | 100% Verified.
- Exam (elaborations) • 30 pages • 2024
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45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 | 100% Verified. When consumers, lured by lower prices, venture back into the market, business activity increases 
and confidence begins to return. Slowly, production facilities gear up to meet the new consumer 
demand, capital begins to flow back into business enterprises, and additional employees are 
hired. 
The three types of operating expenses of an income property are 
A) 
fixed, debt service, and...
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