Gold Coast 45 Hour Exam Questions (exam version H 2023) Answer Key at the end

Gold Coast 45 Hour Exam Questions (exam version H 2023) Answer Key at the end Gold Coast 45 Hour Exam Questions (exam version H 2023) Answer Key at the end Property managers who are employed and compensated by community associations are required to obtain and maintain which type of license? CAM What term is used for the practice of specializing in one particular residential neighborhood or type of property? Farming upon closing a sales transaction who pays the sales associate their contracted commission? Employing Broker Home sold for $250k with a garage, a home sold in the area for $230k with no garage. From this information what can you determine the approximate value of the garage is? $20000 which source will most likely produce the greatest # of potential buyers for a listing? Putting your listing on the MLS The NAR code of ethics specifies duties of real-estate professionals according to ethical standard of conduct. All of the following except? Duties What is primary purpose of building code regulations? to protect public health, safety and general welfare which auction system is involved with the enforcement of liens due to borrower default? Courthouse Auction Which type of listing allows an owner to list his or her property with more than one broker? Open Listing Which investment term refers to an asset that cannot be sold quickly without lowering the price? illiquid empty ... Which home staging and prep tip is suggested to help make home more appealing? Brighten room, cleaning window & turning on lights What does a "double entry" refer to on a closing disclosure statement? Expenses between two parties to the transaction, with no third party involved. What are the benefits of using a VA loan in a transaction? little to no money down and low interest rates What type of brokerage business specializes in selling or leasing income-producing properties such as malls, offices, restaurants, gas stations, and office towers? Commercial Brokerage empty ... Which of the following statement best describes the practice of steering? Is the practice of directing homebuyers toward or away from homes in certain neighborhoods or in a multiunit building in order to preserve or alter the makeup of that neighborhood with respect to race, religion, sex, or national origin. It is important to qualify a seller by asking questions to understand there motive and expectations. All of the following would be good questions except? ... Which is always actually paid by a buyer? ... empty ... A pool cost $25,000 to install on a property, but only adds $15,000 to the appraised value of the p[roperty. This is an example of which appraisal principle? Contribution appraisal empty ... What two elements must be present in a contract to achieve complete agreement? Meeting of Minds What kind of roof is susceptible to wear of standing water?