Net Listing
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The broker agrees to sell the property in order to achieve a net price to the
owner, and anything which is received above the net price is the broker's
commission. A net listing is prohibited by the licensing law in New Jersey
When selling a mobile home, a licensee should settle at
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Dept of Motor Vehicles
, How long must the broker retain a copy of the signed CIS?
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Six years
Gross Income Multiplier (GIM)
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A rule of thumb for estimating the market value of commercial and
industrial properties; the ratio to convert annual income into market value.
When using the Market Comparison Approach always adjust the _________, never the
___________
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Comparable, Subject
Principle of Anticipation
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purchase price is affected by the expectation of future appeal and benefits
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The broker agrees to sell the property in order to achieve a net price to the
owner, and anything which is received above the net price is the broker's
commission. A net listing is prohibited by the licensing law in New Jersey
When selling a mobile home, a licensee should settle at
Give this one a try later!
Dept of Motor Vehicles
, How long must the broker retain a copy of the signed CIS?
Give this one a try later!
Six years
Gross Income Multiplier (GIM)
Give this one a try later!
A rule of thumb for estimating the market value of commercial and
industrial properties; the ratio to convert annual income into market value.
When using the Market Comparison Approach always adjust the _________, never the
___________
Give this one a try later!
Comparable, Subject
Principle of Anticipation
Give this one a try later!
purchase price is affected by the expectation of future appeal and benefits
