Price floor - Study guides, Class notes & Summaries

The only way to create an Xactimate estimate is through XactAnalysis. False With an Internet connection, you can download and upload a XactAnalysis assignment. True What are the steps in the 4-Step Estimating Process? 1.Claim Info 2.Sketch 3.Estimate Items 4.Complete It is mandatory to follow the 4-Step Estimating Process in its exact order. False At the fundamental level of learning, it is recommended to add or create a project from the Control Center tab. Fa...

Most common reason a property fails to sell is - Answer- price Matching human needs with goods or services to meet those needs is the process of - Answer- marketing _____________________ is a key personality trait of a successful agent - Answer- problem solving 3 Ways Sales Agents Add Value to the Buying Process - Answer- Counseling, Negotiating, and Managing the transaction Four P's of marketing real estate - Answer- product, promotion, price and place How can you know your prod...

Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers. If a licensee is paid a salary of $600 per month plus half of the office's 6% fee on all sales, what MUST the licensee's monthly sales be in order for the licensee to receive a total monthly income of $2,220? A. 27,000 B. 37,000 C. 54,000 D. 74,000 An agreement that restricts the use and occupancy of real estate, is part of a conveyance, and is binding on all subsequent buyers is called a(n): A. Agreement for...

What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address What is the cost of the indi...

A food handler's duties regarding food safety include all of the following practices EXCEPT: Prevention of food contamination Dispose of food that poses a potential threat to human health Handle, transport, and store food safely Prevention of food contamination Dispose of food that poses a potential threat to human health Handle, transport, and store food safely Periodically test food for illness causing microorganisms - ANSWER-Periodically test food for illness causing microorganisms ...

Price ceiling Correct Answer--a legal maximum on the price of a good or service -Example: Rent Control Price Floor Correct Answer--legal minimum on the price of a good or service -Example: Minimum Wage A price ceiling above the equilibrium price is _____ Correct Answer-Not Binding, has no effect on the market outcome The ceiling is a _______ on the price, which causes a shortage Correct Answer--Binding Constraint -Causes a shortage For supply and demand, price is more elastic in...

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...

Quantitative Reasoning Exam (2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: A new company president is said to have caused the company "to do a 180." Before the new president, the company was losing $10,000 per month. What is the company most likely doing under the new president? Answer: Earning a $10,000 profit per month Q: A self-storage center has many storage rooms that are 6 feet wide, 10 feet deep, and 12 feet high. What is the volume ...

Principles of Microeconomics Final Exam Questions And Answers 100% Verified The price of gold increased. The following is likely to happen on the gold market -the demand for gold will increase now and supply of gold will decrease now -the demand for gold will decrease now and supply of gold will increase now -both supply and demand now will decrease -both demand and supply now will increase -neither supply nor demand will shift - answerneither supply nor demand will shift which of the fo...

Principles of Microeconomics Final Exam Questions And Answers 100% Verified The price of gold increased. The following is likely to happen on the gold market -the demand for gold will increase now and supply of gold will decrease now -the demand for gold will decrease now and supply of gold will increase now -both supply and demand now will decrease -both demand and supply now will increase -neither supply nor demand will shift - answerneither supply nor demand will shift which of the fo...