Florida Real Estate License
client specialization - ANS working exclusively with buyers or sellers
property type specialization - ANS residential, commercial, agricultural, etc
type of transaction specialization - ANS sales agent, leasing agent, short sales buyer or seller,
REO specialist, property manager, etc
geographical area specialization - ANS a neighborhood specialist, for example
type of relationship specialization - ANS a fee based consultant vs. a commission based agent
vs a full time salaried employee
a real estate agent works exclusively with buyers. they have chosen a specialization that
focuses on the - ANS client
residential homeowner specialization - ANS sells primary residences to homeowners
residential investment specialization - ANS sells residential property to investors
commercial sales specialization - ANS sells commercial property to investors, including offices,
industrial space, PUDs, and retail
commercial leasing specialization - ANS leases commercial property to tenants, including
offices, industrial space, PUDs, and retial
property manager specialization - ANS leases and manages residential investment properties
on behalf of the owner for a fee
agricultural specialization - ANS sells farm land and other agricultural properties
unimproved land specialization - ANS sells unimproved land to investors or subdividers
residential leasing/apartment broker specialization - ANS leases residential properties for
landlords or helps residential tenants find homes to rent
foreclosure/short sales/reo specialist specialization - ANS sells distressed properties in short
sales or helps buy distresses properties in short sales or at foreclosure auctions
sellers market - ANS in favor of the seller, try not to pay too much above the listing price
,buyers market - ANS in favor of the buyer; sales price are more negotiable for buyers; gets
better deal on the price
real estate brokerage - ANS businesses of overseeing, consummating, and completing real
estate transactions and business by brining together the parties to a transaction
brokerage - ANS the physical building where brokers and their sales associates often work
broker - ANS can also refer to the actions taken to fulfill a real estate transaction
aparna is working with single family residences, vacation properties, and multi-family
residences. she likely specializes in: - ANS residential property
Alberto is a sales associate who is very interested in revenue and profit. a specialization that
may serve his interest well is: - ANS commercial property
co-op category - ANS residential
farm area - ANS a specific area a real estate associate chooses to specialize and become an
expert in
which dictates what is considered acceptable at a higher level - ANS ethics
florida has many miles of coastal property. the state helps regulate and protect this coastal
property, along with taking a large part of the responsibility of regulating - ANS the recording of
property conveyance
MLS - ANS multiple listing service; is a database in which local member brokers share listings
so other brokers can easily find buyers for those properties and establish compensation
expectations for properties sold jointly
realtor - ANS an individual who has their real estate license and joins a local board of Realtors
such as the National Association of Realtors
the golden rule which the code of ethics is based on - ANS treat others the way you wish to be
treated
NAR code of ethics - ANS - competency, fairness, integrity
- competency
- fairness
- integrity
, property management - ANS is the vocation of renting or leasing someone else's real property
on their behalf in exchange for compensation and in accordance with a property management
employee contract
absentee owner - ANS is a property owner who does not occupy the property in question and
therefore often utilizes a property manager's services
property managers - ANS have responsibilities buy their most important responsibility is to
realize the highest return possible on the owner's investment
miguel owns a beautiful property in Fort Lauderdale. As beautiful as it is, he doesn't live there.
Miguel is a(n) - ANS absentee owner
CAM - ANS community association manager; need a CAM license if license holder is managing
one of these types of properties, and if that property has eleven or more units and an annual
budget over $100,000 they need a CAM license
- mobil home parks
- planned unit developments (PUDs)
- homeowners associations
- cooperative
- timeshares
- condominiums
fair marketing - ANS property managers need to ensure their advertising lines up with federal,
state, and country laws, along with civil rights laws and fair housing guidelines. these laws and
guidelines state that organizations cant pick and choose their tenants based on factors like race
or gender. include equal housing logo in marketing graphics
special purpose property - ANS are properties that are commercial, but are neither industrial
nor classic retail
what might be challenging about managing a special purpose property such as a sports arena
or movie theatre? - ANS they typically require niche knowledge
management agreement or property management contract - ANS written contract between a
property owner and a property manager to establish all duties of the property manager,
including operation and leasing activities
percentage fee - ANS is a fee paid to the manager based on the effective gross income (EGI)
of the building. this includes income from rent plus additional revenue streams
flat fee - ANS or base commission, is a fixed fee paid per unity, not based on a percentage of
the income
client specialization - ANS working exclusively with buyers or sellers
property type specialization - ANS residential, commercial, agricultural, etc
type of transaction specialization - ANS sales agent, leasing agent, short sales buyer or seller,
REO specialist, property manager, etc
geographical area specialization - ANS a neighborhood specialist, for example
type of relationship specialization - ANS a fee based consultant vs. a commission based agent
vs a full time salaried employee
a real estate agent works exclusively with buyers. they have chosen a specialization that
focuses on the - ANS client
residential homeowner specialization - ANS sells primary residences to homeowners
residential investment specialization - ANS sells residential property to investors
commercial sales specialization - ANS sells commercial property to investors, including offices,
industrial space, PUDs, and retail
commercial leasing specialization - ANS leases commercial property to tenants, including
offices, industrial space, PUDs, and retial
property manager specialization - ANS leases and manages residential investment properties
on behalf of the owner for a fee
agricultural specialization - ANS sells farm land and other agricultural properties
unimproved land specialization - ANS sells unimproved land to investors or subdividers
residential leasing/apartment broker specialization - ANS leases residential properties for
landlords or helps residential tenants find homes to rent
foreclosure/short sales/reo specialist specialization - ANS sells distressed properties in short
sales or helps buy distresses properties in short sales or at foreclosure auctions
sellers market - ANS in favor of the seller, try not to pay too much above the listing price
,buyers market - ANS in favor of the buyer; sales price are more negotiable for buyers; gets
better deal on the price
real estate brokerage - ANS businesses of overseeing, consummating, and completing real
estate transactions and business by brining together the parties to a transaction
brokerage - ANS the physical building where brokers and their sales associates often work
broker - ANS can also refer to the actions taken to fulfill a real estate transaction
aparna is working with single family residences, vacation properties, and multi-family
residences. she likely specializes in: - ANS residential property
Alberto is a sales associate who is very interested in revenue and profit. a specialization that
may serve his interest well is: - ANS commercial property
co-op category - ANS residential
farm area - ANS a specific area a real estate associate chooses to specialize and become an
expert in
which dictates what is considered acceptable at a higher level - ANS ethics
florida has many miles of coastal property. the state helps regulate and protect this coastal
property, along with taking a large part of the responsibility of regulating - ANS the recording of
property conveyance
MLS - ANS multiple listing service; is a database in which local member brokers share listings
so other brokers can easily find buyers for those properties and establish compensation
expectations for properties sold jointly
realtor - ANS an individual who has their real estate license and joins a local board of Realtors
such as the National Association of Realtors
the golden rule which the code of ethics is based on - ANS treat others the way you wish to be
treated
NAR code of ethics - ANS - competency, fairness, integrity
- competency
- fairness
- integrity
, property management - ANS is the vocation of renting or leasing someone else's real property
on their behalf in exchange for compensation and in accordance with a property management
employee contract
absentee owner - ANS is a property owner who does not occupy the property in question and
therefore often utilizes a property manager's services
property managers - ANS have responsibilities buy their most important responsibility is to
realize the highest return possible on the owner's investment
miguel owns a beautiful property in Fort Lauderdale. As beautiful as it is, he doesn't live there.
Miguel is a(n) - ANS absentee owner
CAM - ANS community association manager; need a CAM license if license holder is managing
one of these types of properties, and if that property has eleven or more units and an annual
budget over $100,000 they need a CAM license
- mobil home parks
- planned unit developments (PUDs)
- homeowners associations
- cooperative
- timeshares
- condominiums
fair marketing - ANS property managers need to ensure their advertising lines up with federal,
state, and country laws, along with civil rights laws and fair housing guidelines. these laws and
guidelines state that organizations cant pick and choose their tenants based on factors like race
or gender. include equal housing logo in marketing graphics
special purpose property - ANS are properties that are commercial, but are neither industrial
nor classic retail
what might be challenging about managing a special purpose property such as a sports arena
or movie theatre? - ANS they typically require niche knowledge
management agreement or property management contract - ANS written contract between a
property owner and a property manager to establish all duties of the property manager,
including operation and leasing activities
percentage fee - ANS is a fee paid to the manager based on the effective gross income (EGI)
of the building. this includes income from rent plus additional revenue streams
flat fee - ANS or base commission, is a fixed fee paid per unity, not based on a percentage of
the income
