Aceable Real Estate Questions And Complete
Answers
Committee Members (12) 7: License holders that have been in practice for at least five
years.
4: Real Estate instructors/owners of real estate schools. (education members)
1: Represents the public.
Educational Standards Advisory Committee (ESAC) They review and revise curriculum
standards, course content, and instructor certification requirements for both the qualifying and
continuing education courses.
Article 11 Be competent in the services you perform and don't attempt to provide services
outside of your shop of practice UNLESS you have assistance from someone competent and
fully disclose with the client.
Rural Properties Ranches, Farms, Average Tracts.
Successful agents in this area "speak the language" of farmers, etc. Agents have environmental
knowledge.
, Aceable Real Estate Questions And Complete
Answers
Property Development Locating property, deciding on how it can be used, and then
building on it.
Property development is NOT what Real Estate agents do.
Industrial Real Estate Some are suited for industrial property.
EX: Warehousing, Storage, Data Centers, Etc.
Commercial Real Estate Primarily made up of property that is used for business.
Income producing property
EX: gas station, convenience stores, apartment building, etc.
Multi-Family Residences Duplex, Triplex, Fourplex
Separate Residences in the same building
Single Family Dwelling a housing unit detached from others, own the land, building, and
all improvements
Answers
Committee Members (12) 7: License holders that have been in practice for at least five
years.
4: Real Estate instructors/owners of real estate schools. (education members)
1: Represents the public.
Educational Standards Advisory Committee (ESAC) They review and revise curriculum
standards, course content, and instructor certification requirements for both the qualifying and
continuing education courses.
Article 11 Be competent in the services you perform and don't attempt to provide services
outside of your shop of practice UNLESS you have assistance from someone competent and
fully disclose with the client.
Rural Properties Ranches, Farms, Average Tracts.
Successful agents in this area "speak the language" of farmers, etc. Agents have environmental
knowledge.
, Aceable Real Estate Questions And Complete
Answers
Property Development Locating property, deciding on how it can be used, and then
building on it.
Property development is NOT what Real Estate agents do.
Industrial Real Estate Some are suited for industrial property.
EX: Warehousing, Storage, Data Centers, Etc.
Commercial Real Estate Primarily made up of property that is used for business.
Income producing property
EX: gas station, convenience stores, apartment building, etc.
Multi-Family Residences Duplex, Triplex, Fourplex
Separate Residences in the same building
Single Family Dwelling a housing unit detached from others, own the land, building, and
all improvements
