Aceable agent 2 - Study guides, Class notes & Summaries

Aceable Agent Texas Real Estate Principles I Question And Answer 100% Correct 2024/2025 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 ...

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Aceable Agent Principles of Real Estate 2 Exam

CA Real Estate Principles Test Aceable Agent 2023/2024 In what code is the Real Estate Law found? - ANSWER-Business and Professions Code Who does the Real Estate Commissioner Report to? - ANSWER-The governor A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the broker owns the remaining shares. Is the division ownership acceptable or unacceptable? - ANSWER-Acceptable A salesperson is part owner of Rollo Realty Inc. In the broker's absence, the salesperson fre...

Aceable Agent - Principles of Real Estate II Exam 2023 with 100%Correct Answers. TOTAL = PART/PERCENTAGE PART = TOTAL x PERCENTAGE PERCENTAGE = PART/ TOTAL - correct answer -Formulas to calculate commission? PRINCIPAL - correct answer -What is the term that describes the money that is lent? CASH TO CLOSE - correct answer -Down payment minus earnest money? TOTAL SALES PRICE - correct answer -Loan payment + loan principal? ORIGINATION POINTS - correct answer -Loan points/fees charged 1% to ...

Aceable Agent Real Estate Principals 2