CCIM 101 Complete Exam Study Questions with 100% Correct Answers | Latest Edition

CCIM 101 Complete Exam Study Questions with 100% Correct Answers | Latest Edition 1. Interest, Dividends or rents, Profits - ANSWER The goal of investing is to return income to the investor above the investment cost. What forms can this income take? 2. Holding Period - ANSWER For an investor, the decision to sell a property or not is considered what type of decision? 3. Space Markets - ANSWER Rents are determined by which of the following 4. Private Investors - ANSWER Who are the largest investors in the equity market 5. User decisions owned space - ANSWER Should discretionary capital expenditures be made? Should the capital structure be changed? Should the space utilization be changed? Should the user continue to occupy the space? Should the property be sold or exchanged? 6. User disposition decisions - ANSWER What should the disposition price be? Should the disposition method be? Should the disposition process be? 7. Investor decisions - ANSWER Investors are primarily interested in receiving a return on investment (yield) that is commensurate with the risk that they will incur by making an investment. 8. Rate of return - ANSWER The rate of return is the percentage return on each dollar invested for each period it is invested. Rates of return can be estimated on before tax or an after tax basis 9. Acquisition decisions - ANSWER Should investment real estate be acquired? What type of investment real estate should be acquired? When should investment real estate be acquired? Where should investment real estate be acquired? Which of the available investment real estate alternatives should be acquired? How should the investment real estate be acquired? What should be the sources of debt and equity capital? What should the investment real estate acquisition entity be? What should the acquisition price and terms of the investment real estate be? 10. Investor holding period decisions - ANSWER Should discretionary capital expenditures be made? Should the financing structure be changed? Should the property use be changed? Should the property be held or sold? Should the operating strategy be changed? 11. Investor disposition decisions - ANSWER What should the disposition price be? What should the disposition method be? What should the marketing process be? 12. When will investors invest in real estate? - ANSWER Investors will only invest in real estate if it has an expected return that is competitive with other investment alternatives of comparable risk. Real estate competes for investor dollars with other investments alternatives. 13. What two major asset classes compete with real estate for investment capital? - ANSWER To understand the real estate universe, the discussion must involve commercial real estate as it compares to the tow major asset classes that compete with real estate of investment capital bonds and stocks. 14. Generally somewhere between stocks and bonds - ANSWER How does risk and return for real estate as an asset class compare to stocks and bonds 15. Psychographic profiles are based on consumption patterns - ANSWER The primary advantage psychographic profiles have over other data used to describe a population is that 16. Traffic count analysis - ANSWER Which of the following is not a major component of the CCIM Strategic Analysis Model 17. All of the above - ANSWER Which of the following groups can benefit from using the CCIM Strategic Analysis Model 18. All of the above - ANSWER How can geospatial technology assist real estate practitioners