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Florida RE License Comprehensive Questions And Answers

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©SIRJOEL EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 1 | P a g e Florida RE License Comprehensive Questions And Answers It's a sign that the overall economy is strong if which of the following things is healthy? - AnswersReal Estate Market Real Estate licensees, who deal in which type of property must be able to show its potential for after-tax gains? - AnswersCommercial Real estate licensees may not conduct appraisals involving which type of transaction? - AnswersFederally backed What is one of the best ways for real estate licensees to promote future referrals, a good reputation, and word of mouth advertising? - AnswersFollow-up with clients which of the following is not a primary area of sales specialty for real estate licensees - Answersfarmland Who works for a real estate broker - Answerssales associate real estate finance knowledge and the ability to communicate it to prospective buyers is perhaps more important than being a great - Answersshow person ©SIRJOEL EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 2 | P a g e Real estate licensees who choose this area must be adept with highly technical information concerning proposed land-uses and related land-use activities. What area of specialization is this? - AnswersIndustrial The target area of a real estate licensee becomes known as that agent's - Answersfarm area Which of the following transactions are not conducted by real estate licensees - Answersnet income which type of map is produced to demarcate the scale and positioning of lots before land development begins? - Answerssubdivision plat Local associations (or boards) of realtors are one offspring of the - AnswersNational Association of Realtors (NAR) For a sales associate to use the term REALTOR, he or she must only - AnswersAll of the above Which of the following is not a phase of land development - Answersallocation what is the largest trade association in the world - Answersnational association of Realtors (NAR) Streets are first constructed by the developer. How does the developer make them available for public use? - AnswersDedicated Which of the following play a significant role in formulating land-use regulations? - AnswersFederal, state, and local ©SIRJOEL EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 3 | P a g e Which entity sponsors educational resources for real estate licensees while promoting adherence to a professional standard - AnswersNAR Which of the following homes is not a type of residential construction - Answersmodel homes How does the national association of REALTORS lay out those guidelines considered acceptable for licensees within the real estate industry - AnswersCode of ethics and standards of practice A real estate licensee specializing in commercial property would - Answerspotential for after- tax gains who can conduct appraisals involving federally backed transactions - Answerslicensed or state-certified appraisor where can you find ethical guidelines for real estate licensees? - AnswersNAR Code of ethics guidelines for real estate licensees what is one of the activities of the national association of realtors? - AnswersSponsor educational resources for its members which of the following guidelines stiputaltes that licensees and appraisers mist not receive commission or a percentage - AnswersUSPAP Ethics Rule Which professional acts as intermediary between borrowers and lenders who conduct primary loan transactions - Answersmortgage loan originators

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©SIRJOEL EXAM SOLUTIONS 2024/2025

ALL RIGHTS RESERVED.




Florida RE License Comprehensive
Questions And Answers


It's a sign that the overall economy is strong if which of the following things is healthy? -

Answers✔Real Estate Market


Real Estate licensees, who deal in which type of property must be able to show its potential for

after-tax gains? - Answers✔Commercial


Real estate licensees may not conduct appraisals involving which type of transaction? -

Answers✔Federally backed


What is one of the best ways for real estate licensees to promote future referrals, a good

reputation, and word of mouth advertising? - Answers✔Follow-up with clients


which of the following is not a primary area of sales specialty for real estate licensees -

Answers✔farmland


Who works for a real estate broker - Answers✔sales associate


real estate finance knowledge and the ability to communicate it to prospective buyers is

perhaps more important than being a great - Answers✔show person


1|Page

, ©SIRJOEL EXAM SOLUTIONS 2024/2025

ALL RIGHTS RESERVED.
Real estate licensees who choose this area must be adept with highly technical information

concerning proposed land-uses and related land-use activities. What area of specialization is

this? - Answers✔Industrial


The target area of a real estate licensee becomes known as that agent's - Answers✔farm area


Which of the following transactions are not conducted by real estate licensees - Answers✔net

income


which type of map is produced to demarcate the scale and positioning of lots before land

development begins? - Answers✔subdivision plat


Local associations (or boards) of realtors are one offspring of the - Answers✔National

Association of Realtors (NAR)


For a sales associate to use the term REALTOR, he or she must only - Answers✔All of the above


Which of the following is not a phase of land development - Answers✔allocation


what is the largest trade association in the world - Answers✔national association of Realtors

(NAR)


Streets are first constructed by the developer. How does the developer make them available for

public use? - Answers✔Dedicated


Which of the following play a significant role in formulating land-use regulations? -

Answers✔Federal, state, and local


2|Page

, ©SIRJOEL EXAM SOLUTIONS 2024/2025

ALL RIGHTS RESERVED.
Which entity sponsors educational resources for real estate licensees while promoting

adherence to a professional standard - Answers✔NAR


Which of the following homes is not a type of residential construction - Answers✔model homes


How does the national association of REALTORS lay out those guidelines considered acceptable

for licensees within the real estate industry - Answers✔Code of ethics and standards of practice


A real estate licensee specializing in commercial property would - Answers✔potential for after-

tax gains


who can conduct appraisals involving federally backed transactions - Answers✔licensed or

state-certified appraisor


where can you find ethical guidelines for real estate licensees? - Answers✔NAR Code of ethics

guidelines for real estate licensees


what is one of the activities of the national association of realtors? - Answers✔Sponsor

educational resources for its members


which of the following guidelines stiputaltes that licensees and appraisers mist not receive

commission or a percentage - Answers✔USPAP Ethics Rule


Which professional acts as intermediary between borrowers and lenders who conduct primary

loan transactions - Answers✔mortgage loan originators




3|Page

, ©SIRJOEL EXAM SOLUTIONS 2024/2025

ALL RIGHTS RESERVED.
which entity considers a transaction that uses a federal source - Answers✔financial institutions

reform recovery and enforcement act


If an appraiser were paid a percentage of the appraised property value, the appraiser might be

tempted to inflate the vlaue of that property. So an appraisal is viewed as a(n) -

Answers✔check and balance


which of the following figures would be determined by analyzing similar homes in the

neighborhood that have recently sold? - Answers✔Market Value


a property buyer will often pay for which of the following things when applying for a loan? -

Answers✔Appraisal


What is a typical activity for a real estate broker - Answers✔title transfers


a real estate licensee specializing in industrial properties would need knowledge in which area -

Answers✔technical information regarding land uses


what is one of the services provided by multiple listing service - Answers✔mapping software to

access internet property listings


what is an example of the land use regulations formulated by local and state governments? -

Answers✔coastal management


which professional can use the term realtor in ads? - Answers✔licensed NAR member


What report would necessarily involve a federally backed transaction - Answers✔appraisal


4|Page

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