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CHAPTER 1: Real Estate As A Career Questions And Answers With Verified Solutions 100% Correct!!!
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CHAPTER 1: Real Estate As A Career Questions And Answers With Verified Solutions 100% Correct!!!
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CHAPTER 1: Real Estate As A CareerQuestions And Answers With Verified
Solutions 100% Correct!!!
Greg grew up and lives in a rural farming area. He's very comfortable selling that
type of property and knows he can work well with clients in that area. What
property type will most likely be his speciality?
A. Timeshare/Vacation
B. Industrial
C. Commercial
D. Agricultural - ANSWER✔✔ D. Agricultural
What area of RE deals with absentee owners who buy income producing property
as an investment?
A. Special use
B. Residential
C. Property Management
D. Agricultural - ANSWER✔✔ C.Property Management
All of the following are considered residential property according to the Florida
statutes, EXCEPT?
A. two -acres of farmland
B. A condominium unit
C. A vacant lot zoned for a single-family home
D. A 50-unit motel - ANSWER✔✔ D.A 50-unit motel
Jake has decided to specialize in working with clients who purchase and sell
investment property such as malls and shopping centers. In what property type will
jake specialize?
A. Agricultural
B. Residential
C. Commercial
D. Industrial - ANSWER✔✔ C. Commercial
, All of the following duties are included in the NAR Code of Ethics EXCEPT?
A. Duties to the Department of Business and Professional Regulation (DBPR)
B. Duties to clients and customers
C. Duties to other real estate licensees
C. Duties to the public in general - ANSWER✔✔ A. Duties to the Department of
Business and Professional Regulation (DBPR)
Which of these is the largest national real estate organization in the United States?
A. MLS
B. Florida Association of REALTORS
C. Local Association of REALTORS
D. National Association of REALTORS - ANSWER✔✔ D. National Association
of REALTORS
When presenting themselves to the public, who may use the designation of
REALTOR?
A. Anyone with a RE license
B. Anyone performing RE related services
C. Only members of NAR
D. Any licenses RE broker - ANSWER✔✔ C. Only members of NAR
Even if you have been in RE business for many years, you need to continue your
RE _________ to ensure long-term success.
A. Logo
B. Jargon
C. Education
D. Business cards - ANSWER✔✔ C. Education
Attaining ________ will increase your credibility in the marketplace and provide
another tool to separate you from the competition.
A. Fancy cars
B. Expensive marketing experts
C. Designations and certifications
D. Large offices - ANSWER✔✔ C. Designations and certifications
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