REAL ESTATE FINAL QUESTIONS WITH
CORRECT ANSWERS- GRADE A +
1. What are important factors to take into consideration before entering the real
estate profession?
a. Financial reserves
b. Professional attitude
c. Good communication skills
d. All of the above
d. All of the above
2. A salesperson should have _____ months of cash reserves to allow
enough time and money to build a substantial client base.
a. 6 to 12
b. 4 to 6
c. 3 or 4
d. 1 to 3
a. 6 to 12
3. Expenses that recur every month like your cell phone bill and car maintenance
are called:
a. start-up costs.
b. ongoing expenses.
c. tax write-offs.
d. unanticipated expenses.
b. ongoing expenses.
, 4. One of the first things you will have to buy before you can start your career is:
a. business cards.
b. a smartphone.
c. a WiFi-enabled computer system.
d. your real estate license.
d. your real estate license.
5. Which device is probably the least used by real estate professionals today?
a. WiFi laptop
b. Cell phone or smartphone
c. Typewriter
d. GPS
c. Typewriter
6. A well-designed website should focus on:
a. flashy graphics.
b. catchy theme music.
c. the needs of its readers.
d. leaving out commonly asked questions.
c. the needs of its readers.
7. Real estate professionals can minimize risk by:
a. denying the incident.
b. documenting every event in a transaction.
c. blaming the incident on another sales associate.
d. obtaining a highly-paid attorney.
b. documenting every event in a transaction.
CORRECT ANSWERS- GRADE A +
1. What are important factors to take into consideration before entering the real
estate profession?
a. Financial reserves
b. Professional attitude
c. Good communication skills
d. All of the above
d. All of the above
2. A salesperson should have _____ months of cash reserves to allow
enough time and money to build a substantial client base.
a. 6 to 12
b. 4 to 6
c. 3 or 4
d. 1 to 3
a. 6 to 12
3. Expenses that recur every month like your cell phone bill and car maintenance
are called:
a. start-up costs.
b. ongoing expenses.
c. tax write-offs.
d. unanticipated expenses.
b. ongoing expenses.
, 4. One of the first things you will have to buy before you can start your career is:
a. business cards.
b. a smartphone.
c. a WiFi-enabled computer system.
d. your real estate license.
d. your real estate license.
5. Which device is probably the least used by real estate professionals today?
a. WiFi laptop
b. Cell phone or smartphone
c. Typewriter
d. GPS
c. Typewriter
6. A well-designed website should focus on:
a. flashy graphics.
b. catchy theme music.
c. the needs of its readers.
d. leaving out commonly asked questions.
c. the needs of its readers.
7. Real estate professionals can minimize risk by:
a. denying the incident.
b. documenting every event in a transaction.
c. blaming the incident on another sales associate.
d. obtaining a highly-paid attorney.
b. documenting every event in a transaction.
