COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
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Farming - Specializing in a particular neighborhood or style of home
Property transfer - Conveying ownership or rights in property
Comparative Market Analysis (CMA) - A comparison of the prices of
recently sold homes that are similar to a listing seller's home in terms of location,
style, and amenities
Agents that want to appraise - Report requirements of the Uniform
Standards of Professional Appraisal Practice (USPAP)
Multiple Listing Service (MLS) - a comprehensive listing, updated daily, of
properties for sale in a given community or metropolitan area; includes a brief
description of each property with a photo and its asking price but can be accessed
only by realtors who work for an MLS member
Residential Transaction - 4 units or less / ten acres or less
Business broker that specializes in business opportunities must be able to... -
Estimate the value of a business