Episode 088 - Real Estate Exam Questions 42
Episode 088 - Real Estate Exam Questions 42
Going through state exam questions to help real estate students pass their state exam.
01:26 – Our website messaging is not clear. Free stuff versus paid stuff.
03:57 – Are test questions different than real estate class questions? Yes. Instructors are not teaching an exam.
7:18 – Do you need to have prior relationships to be a successful real estate agent? No.
10:10 – List of recent grads: Valerie, Terrell, Shayla, Christina, Justin, Ann, Scott, Stephanie, Erin, Quelin, Kathy, Christopher, Eric, Jennifer, Jean, Krist, Diana, Moira, Michaela, Hayden, Sally, Belinda, Alexis, Gavin, Cole, Lori, Leslie, Roxy, Randy, Julie, Abbey, Leticia, Jessica, Taylor, and Shayla.
11:28 – Messages from Terrell & Shayla about what they did to pass the exam.
14:30 – Difference in terms: broker, principal broker, managing, broker, licensee, and associate agent. Listing agent versus selling agent.
19:43 – Difference between accretion and reliction. Accretion is more land is deposited. Reliction is water is less, so it exposes more land.
22:24 – Is it misrepresentation if a photo is digitally altered? Maybe.
24:18 – Listing agent knows of defects such as asbestos on the property. What should they do? Disclose to all potential buyers.
27:36 – What does the lead-based paint addendum require? Does not require removal of lead paint.
30:25 – What Federal act ensures a borrower is knowledgeable of all closing costs? RESPA, Real Estate Settlement Procedures Act.
32:03 – What should a listing agent do when pricing a listing? Complete a CMA, comparable market analysis.
34:07 – Rental rates are best determined by what? Supply and demand.
36:12 – An advantage of PMI (Private Mortgage Insurance)? The buyer can purchase a higher priced home.
39:16 – What is blockbusting and are "hippies" a protected class in Federal Fair Housing rules?
43:15 – Favor, please give us shout outs and spread the word about us on other social media sites.
44:50 – Go to www.ahareep.com , sign up for the program for only $35, use discount code: legend15 to save 15% off.
A-Ha LINKS
Web
www.ahareep.com
https://www.facebook.com/AHA.REEP
YouTube
Available Results
Generated results are saved to the knowledge database for reuse and search.
Extract Knowledge
Pick what you want extracted first. Model, scope, and chapter options appear after a template is selected.