COLIBRI CHAPTER 1, 2, 3 WITH
COMPLETE SOLUTIONS
The bKnowledge bof bProperty bTransfer b- b- b bcorrect banswer- bby bdeed, bwill,
binheritance bor bthe buse bof bcontracts, bor btrusts.
bKnowledge bof bMarket bConditions b- b- b bcorrect banswer- bthe blevel bof blistings bon
bthe bmarket, bhow bthe bproperty bmay bbe bfinanced, bhow bquickly bproperty bsells band
bthe bvalue bof ba bproperty
bKnowledge bof bHow bto bMarket bReal bEstate b- b- b bcorrect banswer- btechniques bthat
binclude bproper bpricing, bdisclosure bto bboth bthe bbuyer band bthe bseller, bservice bto
bthe bbuyers band bsellers, band bmaintaining brelationships bwith bother breal bestate
bprofessionals.
breal bestate bbrokerage bbusiness bbrings binterested bparties btogether bto b... b- b bcorrect
banswer- bsell, blease, brent bor bexchange breal bproperty.
bReal bestate bprofessionals boften bspecialize bin bone bparticular bgeographic barea bor
bproperty btype. bIn breal bestate bworld, bthis bis bknown bas b. b- b bcorrect banswer-
bFarming
bLicensee bmay bchoose b- b bcorrect banswer- bSales
Leasing
Management
Counseling
, bThere bare bSix bMajor bReal bEstate bProperty bTypes: b- b bcorrect banswer- bResidential
bproperty b- ba bfamily bhome bthat bis b4 bunits bor bless, bor bvacant bland bthat bhas bbeen
bzoned bfor b4 bunits bor bless.
Commercial bproperty b- bincome bproducing bproperty b- bretail bcenter bor ban bapartment
b(4+ bunits) b
Industrial bproperty b- busually bmanufactures bor bdistributes bproducts b
Agricultural bproperty b- ba bfarm bor branch bland b10+ bacres.
Business bopportunity b- ban binvestor bpurchasing ban bincome bproducing bbusiness.
Special bPurpose bproperty b- bschools, bchurches, bnursing bhomes, bpost boffices band
bhospitals.
bproperty bmanager bis bdefined bas b- b bcorrect banswer- bthe bprofessional bwho
bpreserves bthe bvalue bof ban binvestment b(by ban bowner) bwhile bgenerating bincome bas
ban bagent bfor bthe bowner band bacts bas ba bfiduciary bto bthe bowner.
bFiduciary bis ba bperson b... b- b bcorrect banswer- bthat bhas ba bduty bto bact bprimarily bfor
banother's bbenefit,
bfour btypes bof bmaintenance ba bproperty bmanager bmay bbe btasked bto bperform: b- b
bcorrect banswer- bPreventative bMaintenance, b
Routine bMaintenance, b
Repair bMaintenance, band bConstruction bMaintenance.
b3 bMethods bto bdetermine bvalue b- b bcorrect banswer- bAppraisal b- bconducted bby
bappriasers
Broker bPrice bOpinion b- blocal bexpert bopinion
Comparative bMarket bAnalysis b-
b3 bTypes bof bresidential bcontruction b- b bcorrect banswer- bSpec bhomes b- binventory b
Tract bhomes b- bbuilt bto bcertain bguidelines
custom bhomes b- bbuilt bfor ba bspecific bbuyer
bThere bare ba bvariety bof bprofessional borganizations bwhich balso bsupport band
bendorse bthe breal bestate bbusiness. bThe blargest bis bthe b- b bcorrect banswer- bNational
bAssociation bof bREALTORS®, bwhose bCode bof bEthics band bcertification/designations
bare binfluential bin btheir bgoals bto bprotect bprivate bproperty brights, bpromote bhome
bownership, band blobby bto bmaintain breasonable bcredit band bother bstandards bat bthe
bfederal blevel bfor bshelter bfor beveryone.
COMPLETE SOLUTIONS
The bKnowledge bof bProperty bTransfer b- b- b bcorrect banswer- bby bdeed, bwill,
binheritance bor bthe buse bof bcontracts, bor btrusts.
bKnowledge bof bMarket bConditions b- b- b bcorrect banswer- bthe blevel bof blistings bon
bthe bmarket, bhow bthe bproperty bmay bbe bfinanced, bhow bquickly bproperty bsells band
bthe bvalue bof ba bproperty
bKnowledge bof bHow bto bMarket bReal bEstate b- b- b bcorrect banswer- btechniques bthat
binclude bproper bpricing, bdisclosure bto bboth bthe bbuyer band bthe bseller, bservice bto
bthe bbuyers band bsellers, band bmaintaining brelationships bwith bother breal bestate
bprofessionals.
breal bestate bbrokerage bbusiness bbrings binterested bparties btogether bto b... b- b bcorrect
banswer- bsell, blease, brent bor bexchange breal bproperty.
bReal bestate bprofessionals boften bspecialize bin bone bparticular bgeographic barea bor
bproperty btype. bIn breal bestate bworld, bthis bis bknown bas b. b- b bcorrect banswer-
bFarming
bLicensee bmay bchoose b- b bcorrect banswer- bSales
Leasing
Management
Counseling
, bThere bare bSix bMajor bReal bEstate bProperty bTypes: b- b bcorrect banswer- bResidential
bproperty b- ba bfamily bhome bthat bis b4 bunits bor bless, bor bvacant bland bthat bhas bbeen
bzoned bfor b4 bunits bor bless.
Commercial bproperty b- bincome bproducing bproperty b- bretail bcenter bor ban bapartment
b(4+ bunits) b
Industrial bproperty b- busually bmanufactures bor bdistributes bproducts b
Agricultural bproperty b- ba bfarm bor branch bland b10+ bacres.
Business bopportunity b- ban binvestor bpurchasing ban bincome bproducing bbusiness.
Special bPurpose bproperty b- bschools, bchurches, bnursing bhomes, bpost boffices band
bhospitals.
bproperty bmanager bis bdefined bas b- b bcorrect banswer- bthe bprofessional bwho
bpreserves bthe bvalue bof ban binvestment b(by ban bowner) bwhile bgenerating bincome bas
ban bagent bfor bthe bowner band bacts bas ba bfiduciary bto bthe bowner.
bFiduciary bis ba bperson b... b- b bcorrect banswer- bthat bhas ba bduty bto bact bprimarily bfor
banother's bbenefit,
bfour btypes bof bmaintenance ba bproperty bmanager bmay bbe btasked bto bperform: b- b
bcorrect banswer- bPreventative bMaintenance, b
Routine bMaintenance, b
Repair bMaintenance, band bConstruction bMaintenance.
b3 bMethods bto bdetermine bvalue b- b bcorrect banswer- bAppraisal b- bconducted bby
bappriasers
Broker bPrice bOpinion b- blocal bexpert bopinion
Comparative bMarket bAnalysis b-
b3 bTypes bof bresidential bcontruction b- b bcorrect banswer- bSpec bhomes b- binventory b
Tract bhomes b- bbuilt bto bcertain bguidelines
custom bhomes b- bbuilt bfor ba bspecific bbuyer
bThere bare ba bvariety bof bprofessional borganizations bwhich balso bsupport band
bendorse bthe breal bestate bbusiness. bThe blargest bis bthe b- b bcorrect banswer- bNational
bAssociation bof bREALTORS®, bwhose bCode bof bEthics band bcertification/designations
bare binfluential bin btheir bgoals bto bprotect bprivate bproperty brights, bpromote bhome
bownership, band blobby bto bmaintain breasonable bcredit band bother bstandards bat bthe
bfederal blevel bfor bshelter bfor beveryone.