Gold Coast Real Estate Final Exam 2024

Gold Coast Real Estate Final Exam 2024 What is Farming? - CORRECT ANSWER-Agent dominates specific area/neighborhood/town Also known as door to door. What are the three areas sales associates must be experts in? - CORRECT ANSWERMust be experts in Valuation, Marketing, and Property Transfer What key knowledge must you have to be involved in Industrial Sales? (Not needed for commercial sales) - CORRECT ANSWER-Government Law (Environmental) What is It called when a Developer builds a center in track where sales are made? - CORRECT ANSWER-Track Building What is the period of time called when a Developer holds off approval on project ? - CORRECT ANSWER-Building Moratorium How long must a sales associate be active to be able to take Broker exam? - CORRECT ANSWER-24mos within a 60mos period What is a broker associate? - CORRECT ANSWER-Broker that is licensed but working under another broker What do you need to qualify for FL Real Estate License? - CORRECT ANSWER-18yrs of age and no criminal history, you dont need to be FL resident or US citizen What is mutual recognition? - CORRECT ANSWER-When you take the real estate license in one state and want It to account for the state your moving to. What are the five steps that happens when your application is denied by DBPR? - CORRECT ANSWER-Notification from DBPR, written notice, 21 days, request formal hearing, sit in front of judge What is the name of the course to become a broker? - CORRECT ANSWER-FREC 2 What is the name of the