Tag Archive | "first time home buyers"

Real Estate Homework Questions?


1.What is the best way to present my clients offer?
a. in person
b. by mail
c.fax
d.telephone
2. The reasonable effort to provide accurate and complete information about a property is known as:
a. due diligence
b.fair reporting
c.statutory disclosure
d.property reporting
3.what are the various fees that can be established with the buter?
a. contingent fee
b.non-contingency fee
c.consultant fee
d. all of the above
4.when should i request and acquire earnest money?
a. at the closing
b. when an offer is made
c. after the closing
d. when i meet the first prospective client
5.who are the pacesetters in business?
a.learners
b.procrastinators
c.achievers
d.children
6.why should i remind sellers not to price their property too high?
a. an overpriced house does not equate to higher commissions for agents
b. eliminates buyers who knows the marker area
c.will not be supported by an appraisal
d.all of the above
7. how do i prospect for buyers?
a.work open houses
b. target renters in higher end properties
c.solicit current sellers
d. all of the above
8.what do i need to do in my presentation to get a listing?
a. cover my qualifications
b. talk about the company i work for
c. discuss the local housing marker
d. all of the above
9.possible niche markets include
a.seniors
b.first time home buyers
c. boomers
d. all of the above
sorry it was so many questions:/ thanks guys!

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