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REE 3043 EXAM 2 WITH DYSRHYTHMIAS WITH
QUESTIONS AND 100% CORRECT ANSWERS||
LATEST AND COMPLETE VERSION 2025-2026 WITH
EXPERT VERIFIED SOLUTIONS|| ASSURED PASS
QUESTION: Factors that affect housing market segmentation include all except:
household size.
household income.
household lifestyle.
household unemployment status.
household age.
- ANSWER: household unemployment status.
QUESTION: A popular adage in real estate is that property value is all about
"location, location, location." However, for most property types in nonresidential
realms, non-locational requirements are equally or even more important. All of the
following are examples of non-locational
factors EXCEPT:
Proximity to modes of public transportation.
Nature of current tenants.
Amount of parking.
Floor plate size.
- ANSWER: Proximity to modes of public transportation.
QUESTION: A very sophisticated, data intensive and statistically intensive
method of examining market segmentation is known as:
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survey research.
cluster analysis.
psychographics research.
discriminant analysis.
regression analysis.
- ANSWER: psychographics research.
QUESTION: Since most data for a given market study is not readily
available, analysts must be creative in their use of data that they are able to obtain.
The primary source for detailed household demographic information is:
the U.S. Bureau of the Census.
not available publicly.
the Federal Reserve.
the local tax collector's office.
- ANSWER: the U.S. Bureau of the Census.
QUESTION: Which tool would a real estate investor use to seek to describe
the human characteristics of consumers that may have bearing on their response to
products, packaging, advertising and public relations efforts?
Survey research.
Census data and a marker.
Psychographics.
Geographical information systems.
- ANSWER: Psychographics.
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QUESTION: In real life, the variables involved in predicting occupancy and
rental rate growth parameters are
impossible to guess at
easy to estimate.
easy to figure.
difficult to predict.
- ANSWER: difficult to predict.
QUESTION: After initial data has been collected in the market research
process, the analyst should attempt to identify the key numbers that characterize
the current condition and trend in the market.
product characteristics
market parameters
strengths and weaknesses of the competition
segmentation characteristics
- ANSWER: market parameters
QUESTION: A new residential development will face competition from other
new developments, other builders, and sales of existing homes. To determine if
demand in that market segment will be sufficient to justify proceeding with the
project, a developer would be most interested in estimating a:
capitalization rate.
risk premium.
capture rate.
risk-free rate.
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- ANSWER: capture rate.
QUESTION: The final price after reconciliation of the answers obtained from
two or more approaches is termed the replacement value.
final estimate of value.
final adjusted sale price.
indicated value.
market value.
- ANSWER: final estimate of value
QUESTION: To reflect a change in market conditions between the date on
which a comparable property sold and the date of appraisal of a subject property,
which type of adjustment is made?
Unit.
Financing terms.
Market conditions.
Location
Conditions of sale.
- ANSWER: Market conditions.
QUESTION: Formulas: V = (NOI1/R0) ; M0 = (V/NOI1) ; V = (M0 x NOI1)
(1/M0) = R0 ; R0 = (NOI1/V) ; M0 = (1/R0) ; EGIM = (Sale price/Effective gross
income) ; Rt = (EB - Io)/(VT - VX); m = Loan/Value ratio; Mortgage-
Equity "cap" rate = R = mRm + (1 - m)Re
REE 3043 EXAM 2 WITH DYSRHYTHMIAS WITH
QUESTIONS AND 100% CORRECT ANSWERS||
LATEST AND COMPLETE VERSION 2025-2026 WITH
EXPERT VERIFIED SOLUTIONS|| ASSURED PASS
QUESTION: Factors that affect housing market segmentation include all except:
household size.
household income.
household lifestyle.
household unemployment status.
household age.
- ANSWER: household unemployment status.
QUESTION: A popular adage in real estate is that property value is all about
"location, location, location." However, for most property types in nonresidential
realms, non-locational requirements are equally or even more important. All of the
following are examples of non-locational
factors EXCEPT:
Proximity to modes of public transportation.
Nature of current tenants.
Amount of parking.
Floor plate size.
- ANSWER: Proximity to modes of public transportation.
QUESTION: A very sophisticated, data intensive and statistically intensive
method of examining market segmentation is known as:
,2|Page
survey research.
cluster analysis.
psychographics research.
discriminant analysis.
regression analysis.
- ANSWER: psychographics research.
QUESTION: Since most data for a given market study is not readily
available, analysts must be creative in their use of data that they are able to obtain.
The primary source for detailed household demographic information is:
the U.S. Bureau of the Census.
not available publicly.
the Federal Reserve.
the local tax collector's office.
- ANSWER: the U.S. Bureau of the Census.
QUESTION: Which tool would a real estate investor use to seek to describe
the human characteristics of consumers that may have bearing on their response to
products, packaging, advertising and public relations efforts?
Survey research.
Census data and a marker.
Psychographics.
Geographical information systems.
- ANSWER: Psychographics.
,3|Page
QUESTION: In real life, the variables involved in predicting occupancy and
rental rate growth parameters are
impossible to guess at
easy to estimate.
easy to figure.
difficult to predict.
- ANSWER: difficult to predict.
QUESTION: After initial data has been collected in the market research
process, the analyst should attempt to identify the key numbers that characterize
the current condition and trend in the market.
product characteristics
market parameters
strengths and weaknesses of the competition
segmentation characteristics
- ANSWER: market parameters
QUESTION: A new residential development will face competition from other
new developments, other builders, and sales of existing homes. To determine if
demand in that market segment will be sufficient to justify proceeding with the
project, a developer would be most interested in estimating a:
capitalization rate.
risk premium.
capture rate.
risk-free rate.
, 4|Page
- ANSWER: capture rate.
QUESTION: The final price after reconciliation of the answers obtained from
two or more approaches is termed the replacement value.
final estimate of value.
final adjusted sale price.
indicated value.
market value.
- ANSWER: final estimate of value
QUESTION: To reflect a change in market conditions between the date on
which a comparable property sold and the date of appraisal of a subject property,
which type of adjustment is made?
Unit.
Financing terms.
Market conditions.
Location
Conditions of sale.
- ANSWER: Market conditions.
QUESTION: Formulas: V = (NOI1/R0) ; M0 = (V/NOI1) ; V = (M0 x NOI1)
(1/M0) = R0 ; R0 = (NOI1/V) ; M0 = (1/R0) ; EGIM = (Sale price/Effective gross
income) ; Rt = (EB - Io)/(VT - VX); m = Loan/Value ratio; Mortgage-
Equity "cap" rate = R = mRm + (1 - m)Re
