Real estate cycles - Study guides, Class notes & Summaries

Real Estate finance practice exam 2024 Questions and Answers 100% Correct!The science that describes the management, creation, and study of money, banking, credit, investments, assets, and liabilities is - ANSWERSFinance Most real estate cycles in Texas are determined by: - ANSWERSSupply and demand __________________ measure(s) the wealth and resources of a particular area or region, as well as production and consumption. - ANSWERSEconomy A current medium of exchange collectively in t...

Colibri Real Estate Exam Questions and Answers 100% Correct Buyer's Market - Answer- A situation in the housing market when there are many homes available for sale, but few buyers. Cost of Money - Answer- The interest rate that people or businesses must pay to use another's money for their own purposes. Economic Base - Answer- The main business or industry in an area that supports and sustains the community. Inflation - Answer- An increase in the cost of goods or services or too many p...

Colibri Real Estate Exam Questions and Answers 100% Correct Buyer's Market - Answer- A situation in the housing market when there are many homes available for sale, but few buyers. Cost of Money - Answer- The interest rate that people or businesses must pay to use another's money for their own purposes. Economic Base - Answer- The main business or industry in an area that supports and sustains the community. Inflation - Answer- An increase in the cost of goods or services or too many p...

Real estate has been estimated to represent approximately - ANSWER-one-half of the world's total economic wealth. The buyer's ability to finance the property is an important, if not the -------, contingency in most residential transactions, and a significant driver in the entire real estate-based economy. - ANSWER-primary Texas is a: a. Lien Theory b. Title Theory - ANSWER-a. Lien Theory Lien Theory - ANSWER-In lien theory states such as Texas, the security for a mortgage is a lie...

45-Hour Post License Exam Guide Questions and CORRECT Answers Joining a team vs. being a solo agent is an important decision for a new real estate agent. Which of the following statements is false regarding joining a team vs. being a solo agent? - Correct ANSWER- A. Joining a team vs. being a solo agent is a decision that is made by the Florida Real Estate Commission, (FREC). What is the status of their license if a sales associate did not complete the required 45-hour post licensing...

Colibri Chapter Quiz Questions | 100% Correct Answers | Verified 2024 Version A licensee who is interested in retail stores and shopping centers should look into entering: residential real estate. commercial real estate. real estate counseling. real estate appraisal. - Commercial Of the following, which would NOT likely be a prospect? Blogs FSBOs People in your target audience Sphere of influence - Blogs Which of the following is considered the most important factor in real estat...

Unit 1 RECA Exam Questions and Answers (Graded A) Define real estate -Answer-refers to land and fixed improvements to land (permanent) What are the building classifications -Answer-Residential Commercial Retail Institutional Agricultural Real Estate Sectors/Property Types -Answer-Residential commercial rural property management characteristics that identifies real estate as limited resource -Answer-scarce characteristic that defines real estate as indestructable -Answer-durable real ...

real estate principles final exam 100% accurate!Uses of Real Property - ANSWER (1) Residential, (2) Commercial, (3) Industrial, (4) Agricultural, (5) Special Purpose Real Estate Laws - ANSWER 1. general property laws 2. environmental laws 3. contract law 4. agency law 5. fair housing laws 6. tax laws 7. zoning and land use laws 8. real estate license law professional organizations & designations - ANSWER bundle of rights - ANSWER 1) possession 2) control 3) enjoyment 4) exclusion ...

Agents of Production - The factors that combine to create value of developed real property; they include land, labor, capital, and entrepreneurial coordination; which is sometimes also called entrepreneurial profit. Central Business District (CBD) - The center of an urban area is typically zoned for various uses such as retail, office, and residential. Further, in some areas, transportation starts & ends in the CBD since it is the central location for employment. Consumption - A c...

Principles I: Unit 1 Real Estate brokerage ️The business of bringing people together in a real estate transaction broker ️acts as an agent of the buyer of the seller (or both) in negotiating the sale, purchase, or rental of property sales agent ️a license holder employed by or associated with a broke who conducts brokerage activities on behalf of the broker residential, commercial, industrial, agricultural, special purpose, mixed use ️types of real estate brokerage Educat...