Buyers market Study guides, Class notes & Summaries
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***North Carolina 75-Hour Broker Pre-licensing Final Exam (PASSED Attempt) Accurate 100%
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Why might a buyer want to ASSUME a LOAN? 
 
The buyer doesn't want to follow a lender qualification process. 
The existing loan has a lower interest rate than current market rates. 
The principal remaining on the existing loan is low. 
The transfer of the property won't need to be approved by the lender if the loan is assumed. - ANSWER The existing loan has a lower interest rate than current market rates. 
 
- ASSUMPTIONS are advantageous to a buyer if current interest rates are high and the e...
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PSI NJ Real Estate 121 Practice Exam With Answers|2024
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Three identical homes in a neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which would have sold for the lowest price? - ️️The first sold. 
 
When compiling a competitive market analysis, a broker would look for comparable properties that - ️️were located near the property being listed. 
 
If an older building cannot be air-conditioned, it is an example of - ️️functional obsolescence. 
 
A prospective seller ...
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Champions School Of Real Estate Finance 2024 Tested And Verified
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Champions School Of Real Estate 
Finance 2024 Tested And Verified 
Seller's market - CORRECT ANSWER-When supply is low and demand is high 
Buyer's market - CORRECT ANSWER-When supply is high and demand is low 
The process of creating a new mortgage loan - CORRECT ANSWER-Origination 
The detailed process of evaluating a borrower's loan application to determine the risk 
involved for the lender - CORRECT ANSWER-Underwriting 
When there is an excess of money supply in the market - CORRECT ANSW...
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PSI National Exam for Real Estate 544 Questions with 100% Correct Answers | Verified | Latest Update
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A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - ️️a contract 
 
Antitrust laws prohibit competing brokers from all of the following - ️️1. boycotting other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
 
When a sewer line is installed down a rural road, the cost will probably be shared by - ️️all current owners of real estate fronting on that road...
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RE MARKETING POWERHOUSE EXAM PREP
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How to build name recognition? - Answer- comes from developing a marketing plan that is outside the box, something that separates you from others. 
 
- Post something of value on a neighborhood Facebook page. 
 
- Create a YouTube video from your phone about your listings, it will be one of the first to show up on Google. 
 
- Donate supplies and backpacks to schools in your market area. 
 
- Sponsore a neighborhood newsletter for each month that hosts a newsworthy column or notice of a sold lis...
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MIE 201 Exam 4 (11,12,13) Makanui Questions And Answers Rated 100% Correct!!
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marketing - Answer-a group of activities designed to expedite transactions by creating, distributing, 
pricing, and promoting goods, services, and ideas 
exchange - Answer-the act of giving up one thing ($, credit, labor, goods) in return for something else 
(goods, services, or ideas) 
marketing activities - Answer-buying, selling, transporting, storing, grading, financing, marketing, 
research, risk-taking 
value - Answer-A customer's subjective assessment of benefits relative to costs in det...
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Revenue Management Final Exam | Latest 2023 with complete solution
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Revenue Management Final Exam | Latest 2023 with complete solution 
 
What is the industry term used to describe the sum of prices paid by a business's customers? - Total Revenues 
Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Costs 
What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Profit = Sales - Costs 
What is the name for the net value achieved by both parties in a business transaction? - Profit 
What elem...
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CON 2370 Simplified Acquisition Procedures, Exam Practice Questions With Correct Answers Updated 2023-2024 | 100% Verified
- Exam (elaborations) • 9 pages • 2023
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CON 2370 Simplified Acquisition Procedures, Exam Practice Questions With Correct Answers Updated | 100% Verified. Which of the following is true? - Answer the use of simplified acquisition procedures is 
authorized. 
T03.E03a 
You are the contracting office for a firm-fixed-price purchase order for commercial 
supplies with a value of $565,000. Two weeks after delivery and acceptance of the 
items, the user complains that the goods are not functioning as expected. You 
Investigate and determine...
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ENG1512 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (714511)
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ENG1512 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (Unique Number: 714511) ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)...........Question 1: Language editing 
1.1 The following passage has grammatical errors. Edit and improve the passage by re-writing the 
grammatically acceptable version of the passage. Do NOT change the original passage. 
Module Code: ENG1512 
Assignment: 02 
Marks: 100 
Unique Num...
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Certified Parks and Recreation Professional CPRP Exam Actual Test Q&A 2023 GRADED A+
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Certified Parks and Recreation Professional CPRP Exam Actual Test Q&A 2023/Certified Parks and Recreation Professional CPRP Exam Actual Test Q&A 2023 
Benchmarking Correct ans - the process of comparing an 
organization's practices and technologies with those of other companies 
Rules Correct ans - Specific; direct participants and employees to act 
in a prescribed manner 
Policies Correct ans - broad and open to interpretation. Based on 
circumstances, set direction. 
Anti-discrimination is an...
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