Real estate economics Study guides, Class notes & Summaries

Basic Appraisal Principles Questions and Answers Already Passed When are appraisers needed? to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser competent, independent, impartial, objective, prompt, organized, educated, honest & diligent Appraiser must be knowledgeab...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

REE 4204 Exam 1 Questions With Answers finance - ANSWER The study of the process, institutions, markets, and instruments used to transfer money and credit between individuals, businesses, and governments applied economics - ANSWER the study of the allocation of resources for the purpose of producing goods and services for various members of society finance is the study of - ANSWER how the flow of money and credit facilitates that production and allocation finance emphasiz...

Chapter 15: Market Economics (Real Estate) Why are markets generally in some condition of imbalance? - correct answer The determinants of value are constantly changing, and it takes time for the market to adjust Which of the following statements best describes the relationship between price and value in the market system? - correct answer Value is based on the interaction of underlying economic factors; price is a quantification of value in a transaction If demand is increasing, what woul...

BFIN Final Exam Questions and Answers Already Passed With good accounting knowledge, a financial manager can understand financial data of the firm Accounting can help financial managers: to interpret and use financial information in allocating financial resources more efficiently The field of finance is closely linked to: accounting and economics The goal of financial management is: to maximize shareholder's wealth Which of the following is not a drawback for profit-only focus...

Nevada Real Estate State Exam Questions and Answers 100% Pass Nevada BROKER salesperson/BROKER education - Answer- - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - Answer- - Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when ta...

The Appraisal Profession Chapter 1 Questions and Answers Graded A+ Should an appraiser's compensation be based on the value of the property being appraised? Why or Why not? An appraiser's compensation should not depend on the estimate of value obtained, to avoid even the appearance of impropriety. The appraiser's compensation may, however, reflect the complexity of the work required in dealing with the subject property. Which of the following courses would benefit a professional appraiser? ...

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Is it permissible to advertise real estate associated services or products in California without a California real estate license? - Answer Yes, as long as the products or services do not include any actions for which a California real estate license is required. Which regulation or section(s) apply to the use of the Internet for advertising in California? - Answer Commission's Regulation 2770-- sets forth regulations regarding both advertising and doing real estate business over the Interne...