Colibri Chapter 1, 2, 3 Questions & Answers 100% Correct(RATED A+)

of contracts, or trusts. Knowledge of Market Conditions - - ANSWER-the level of listings on the market, how the property may be financed, how quickly property sells and the value of a property Knowledge of How to Market Real Estate - - ANSWER-techniques that include proper pricing, disclosure to both the buyer and the seller, service to the buyers and sellers, and maintaining relationships with other real estate professionals. real estate brokerage business brings interested parties together to ... - ANSWER-sell, lease, rent or exchange real property. Real estate professionals often specialize in one particular geographic area or property type. In real estate world, this is known as . - ANSWER-Farming Licensee may choose - ANSWER-Sales Leasing Management Counseling There are Six Major Real Estate Property Types: - ANSWER-Residential property - a family home that is 4 units or less, or vacant land that has been zoned for 4 units or less. Commercial property - income producing property - retail center or an apartment (4+ units) Industrial property - usually manufactures or distributes products Agricultural property - a farm or ranch land 10+ acres. Business opportunity - an investor purchasing an income producing business. Special Purpose property - schools, churches, nursing homes, post offices and hospitals.