COLIBRI REAL ESTATE: CHAPTER 1
TEST CORRECT 100%
The regulation of money through the Federal Reserve Board. - ANSWEREconomic,
government
The property's exact position in a neighborhood, city, and region. -
ANSWERPhysical
The buyer's tastes and standards based on lifestyle. - ANSWERSocial
The main industry of an area - ANSWEREconomic
General trends of buyers toward one city or area over another. - ANSWERSocial
The Fed's plan for spending and debt management. - ANSWEREconomic
The relative supply of available houses. - ANSWEREconomic, social
Tax breaks and other tax policies - ANSWERGovernment
Trends such as single-parent households or empty nest households -
ANSWERSocial
The topography of the area. - ANSWERPhysical
The presence of or lack of water. - ANSWERPhysical
The current interest rate - ANSWEREconomic, government
The availability of schools in the area - ANSWERSocial
The opening of a new corporate headquarters - ANSWEREconomic
Empty nesters looking to downsize - ANSWERSocial
In general, a real estate licensee may NOT accept compensation for selling
_________ on behalf of a client. - ANSWERSecurities
The majority of new licensees begin their work in what market? - ANSWERSingle-
family residential
An independent contractor licensee - ANSWEREarns commission based on the
results of his or her work efforts.
TEST CORRECT 100%
The regulation of money through the Federal Reserve Board. - ANSWEREconomic,
government
The property's exact position in a neighborhood, city, and region. -
ANSWERPhysical
The buyer's tastes and standards based on lifestyle. - ANSWERSocial
The main industry of an area - ANSWEREconomic
General trends of buyers toward one city or area over another. - ANSWERSocial
The Fed's plan for spending and debt management. - ANSWEREconomic
The relative supply of available houses. - ANSWEREconomic, social
Tax breaks and other tax policies - ANSWERGovernment
Trends such as single-parent households or empty nest households -
ANSWERSocial
The topography of the area. - ANSWERPhysical
The presence of or lack of water. - ANSWERPhysical
The current interest rate - ANSWEREconomic, government
The availability of schools in the area - ANSWERSocial
The opening of a new corporate headquarters - ANSWEREconomic
Empty nesters looking to downsize - ANSWERSocial
In general, a real estate licensee may NOT accept compensation for selling
_________ on behalf of a client. - ANSWERSecurities
The majority of new licensees begin their work in what market? - ANSWERSingle-
family residential
An independent contractor licensee - ANSWEREarns commission based on the
results of his or her work efforts.
