REAL ESTATE 2024 Release {Revised Exam Study Guide}

REAL ESTATE 2024 Release {Revised Exam Study Guide} Real Estate Broker *Ans* a person who is licensed as a broker that peforms brokerage activities and collects compensation. Real Estate Salesperson *Ans* a person who peforms real estate activities while associated with a licensed real estate broker. licensee *Ans* a person holding a valid real estate license appraiser *Ans* a person whos certified to estimate the value of a real property according to standardized principles of valuation. home inspector *Ans* A person who's affiliated with a national nonprofit trade association, has passed the appropriate exam, and evaluates properties for their condition lender *Ans* A person who arranges financing for the buyer of real property developer *Ans* a person who constructs improvement on raw land subdivider *Ans* A person who splits a single property into smaller parcels in preparation for development real estate investors *Ans* a person who puts money or property into a real estate project for profit real estate attorney *Ans* A person who holds a law degree and specializes in real estate; may legally broker deals Real estate counselor *Ans* A person who provides services to help determine viability of a real estate asset or project rental listings services *Ans* help tenants find landlords and landlords find tenants real estate counsulant *Ans* one who gives advice about real estate for a fee (must have broad knowledge of all major aspects of the real estate industry) leisure property *Ans* Includes hotels, motels, golf courses, resorts, sporting arenas, movie theaters and restaurants (requires hands-on management) industrial property *Ans* Includes heavy or light manufacturing, warehouse and distribution centers (clear height is a key consideration)