SALESPERSON PRACTICE TEST PAPER
2026 QUESTIONS WITH SOLUTIONS
GRADED A+
>> Appraisal
Answer: Estimate of value by licensed appraiser
>> CMA
Answer: Comparative Market Analysis
>> Appreciation
Answer: Increase in value
>> Depreciation
Answer: Decrease in value
>> Assessed Value
Answer: Value used for property tax
>> Market Value
Answer: Price willing buyer and seller agree
>> Highest and Best Use
Answer: Most profitable legal use
>> Condominium