Aceable Real Estate Questions And Answers

Aceable Real Estate Questions And Answers Committee Members (12) - ANS 7: License holders that have been in practice for at least five years. 4: Real Estate instructors/owners of real estate schools. (education members) 1: Represents the public. Educational Standards Advisory Committee (ESAC) - ANS They review and revise curriculum standards, course content, and instructor certification requirements for both the qualifying and continuing education courses. Article 11 - ANS Be competent in the services you perform and don't attempt to provide services outside of your shop of practice UNLESS you have assistance from someone competent and fully disclose with the client. Rural Properties - ANS Ranches, Farms, Average Tracts. Successful agents in this area "speak the language" of farmers, etc. Agents have environmental knowledge. Property Development - ANS Locating property, deciding on how it can be used, and then building on it. Property development is NOT what Real Estate agents do. Industrial Real Estate - ANS Some are suited for industrial property. EX: Warehousing, Storage, Data Centers, Etc. Commercial Real Estate - ANS Primarily made up of property that is used for business. Income producing property EX: gas station, convenience stores, apartment building, etc. Multi-Family Residences - ANS Duplex, Triplex, Fourplex Separate Residences in the same building Single Family Dwelling - ANS a housing unit detached from others, own the land, building, and all improvements Sales Agent Apprentice Education (SAE) - ANS an educational requirement for courses in the first two years of being licensed as a real estate agent Tenant - ANS A person who pays for the right to live in a residence owned by someone else