Seperate License - Answer A Mortgage broker must have a _______ _______ Time and difficulty - Answer A Real estate appraiser's fee for professional service is based on? Service business - Answer The real estate brokerage business can be best described as a ________ Customer - Answer The princicple in an agency relationship is the ____? D. Preparing leases. - Answer The responsibility of a property manager does NOT include: A. Renting Property B. Collecting rent C. Overseeing maintenance D. preparing Leases Farming - Answer Concentrating on one neighborhood or style of property is _________. Florida Real Estate QUESTIONS And Answers WITH VERIFIED SOLUTIONS GRADED A+ D. None - Answer Which insurance policies can a real estate licensee offer to the public with out additional state licensing? A. Flood B. Fire C. Renters Insurance D. None To preserve the right of individuals to own real property through an exchange of information. - Answer What is the purpose of the "National Association of REALTORS"? Indentifies a real estate professional as a member of "NAR" - Answer What does the word "REALTOR" signify? Custom Building - Answer A Developer contracts to build a home on a buyers lot to the buyers needs and taste. What type of contruction is this? B. Work with them. - Answer In their relationships with customers, brokers, A. Work for them B. Work with them Florida Real Estate QUESTIONS And Answers WITH VERIFIED SOLUTIONS GRADED A+ C. Represent them D. Are always their agent FALSE. - Answer Licensees involved in business brokerage must have a seperate license, TRUE or FALSE? D. Accounting - Answer Real Estate brokers are NOT required to be Knowledgeable regarding ___________. A. Marketing B. Valuation C. Property transfer D. Accounting Counseling - Answer The Service provided by real estate brokers that is considered to require the most experience and knowledge is? No. The appraisal of residential property - Answer Can appraisers registed, licensed or certified under F.S 475 part 2 be used on ALL appraisals? Florida Real Estate QUESTIONS And Answers WITH VERIFIED SOLUTIONS GRADED A+ Speculative - Answer A Contractor who builds on his or her own lot in the hope of finding a purchaser upon completion is building on ________. A. Agent - Answer A broker who is working for an employer is said to be the _________. A. Agent B. Broker Associate C. Principle D. Customer C. Customer or Principle - Answer When working with a member of the public, the party the broker hopes to be successful with is refered to as the _______? A. Client B. Employer C. Customer or Principle D. Employer or Customer FALSE. - Answer Most Real Estate Licensees are involved in Commercial Real Estate. TRUE or FALSE