FLORIDA Real Estate Pre-license
Exam Review / of key Quizzes &
Correct Answers.
Save
Terms in this set (103)
Is composed of many
specialization's:
- (1)Details of Property Transfer
-Knowledge of:
Real Estate
(2)market conditions
Business
(3)how to market real estate
business
(4)how to analyze buyers needs
(5)laws that pertain to real estate
, Is the bringing together of buyers
Real Estate and sellers, owners and renters
Brokerage and completing real estate
transactions.
**How can a **Follow Up. This will result in a
agent maintain good reputation and FUTURE
good standing REFERRALS and word-of-mouth
with clients? advertising.**
(After title
closing)**
Residential. (Remember 4-10 Rule:
any vacant land zoned for 4 or
fewer residential units OR
agricultural property of 10 or
What are the 5
fewer acres.){A condo is
major sales
considered a single family home}
specialties?
Commercial.
(Types of
Industrial.
properties/lots
Agricultural.
)
Business. (Considered "business
brokers." **Presumption in
Florida that businesses include
real property**)
, When brokers/sales associate
What is a Farm
become an expert in one portion
Area?
of the city.
What is the Rental Agent: find a tenant &
difference collect fee.
between a Property Manager: continue to
rental agent manage property after tenant is
and a property secured.
manager?
is a property owner who does not
What is an
reside on property/often relies on
absentee
professional property manager to
owner?
manage investment.
Can a real Yes, but CANNOT say they are
estate broker / state certified, registered trainee,
sales associate or licensed appraisers.
appraise a
property for
compensation?
When Uniform Standards of
conducting Professional Appraisal Practice
appraisals, (USPAP) (Best Practices)
must follow
what set of
guidelines?
, What is a It is the opinion of value of real
brokers price property, and yes as long as it is
opinion (BPO)? not considered an appraisal.
Can a real
estate
licensees
charge for
these?
***Who does ***C. Compensation can not be
the commission paid directly to associates.
for a BPO, or
for any service
of real estate,
go to?
a)broker
associate
b)sales
associate
c)broker
REALTOR and real estate licensee
Who may use are not synonymous. REALTORS
the term are members of a local board of
REALTOR? realtors (privately run
organization).
Exam Review / of key Quizzes &
Correct Answers.
Save
Terms in this set (103)
Is composed of many
specialization's:
- (1)Details of Property Transfer
-Knowledge of:
Real Estate
(2)market conditions
Business
(3)how to market real estate
business
(4)how to analyze buyers needs
(5)laws that pertain to real estate
, Is the bringing together of buyers
Real Estate and sellers, owners and renters
Brokerage and completing real estate
transactions.
**How can a **Follow Up. This will result in a
agent maintain good reputation and FUTURE
good standing REFERRALS and word-of-mouth
with clients? advertising.**
(After title
closing)**
Residential. (Remember 4-10 Rule:
any vacant land zoned for 4 or
fewer residential units OR
agricultural property of 10 or
What are the 5
fewer acres.){A condo is
major sales
considered a single family home}
specialties?
Commercial.
(Types of
Industrial.
properties/lots
Agricultural.
)
Business. (Considered "business
brokers." **Presumption in
Florida that businesses include
real property**)
, When brokers/sales associate
What is a Farm
become an expert in one portion
Area?
of the city.
What is the Rental Agent: find a tenant &
difference collect fee.
between a Property Manager: continue to
rental agent manage property after tenant is
and a property secured.
manager?
is a property owner who does not
What is an
reside on property/often relies on
absentee
professional property manager to
owner?
manage investment.
Can a real Yes, but CANNOT say they are
estate broker / state certified, registered trainee,
sales associate or licensed appraisers.
appraise a
property for
compensation?
When Uniform Standards of
conducting Professional Appraisal Practice
appraisals, (USPAP) (Best Practices)
must follow
what set of
guidelines?
, What is a It is the opinion of value of real
brokers price property, and yes as long as it is
opinion (BPO)? not considered an appraisal.
Can a real
estate
licensees
charge for
these?
***Who does ***C. Compensation can not be
the commission paid directly to associates.
for a BPO, or
for any service
of real estate,
go to?
a)broker
associate
b)sales
associate
c)broker
REALTOR and real estate licensee
Who may use are not synonymous. REALTORS
the term are members of a local board of
REALTOR? realtors (privately run
organization).
