The Market Quiz

What is the responsibility of the developer?

Who is involved in estimating property values based on the valuation guidelines set by the Georgia Real Estate Board?

What is the role of an investor?

Who are involved in marketing properties?

What is the MLS and what are its uses? Choose the best possible answer

Which is the correct term that matches this definition, Builds improvements on the land of the property

Which is the correct term that matches this definition, Provides funds to develop or subsidize land for properties, and realizes returns when properties are sold

Which is the correct term that matches this definition, Makes some development loans, but are usually unfavorable due to high risk

Which is the correct term that matches this definition, Manages properties for owners, but requires a real estate license if working for more than one owner

Which is the correct term that matches this definition, Provides brokerage services under the guidance of a broker, requires a salesperson’s license

Which is the correct term that matches this definition, Estimates property value based on established valuation guidelines, requires certification by Georgia Real Estate Appraiser Board

Which is the correct term that matches this definition, Legally allowed to broker deals and answer questions for licensees, requires a law degree and real estate experience

Which is the correct term that matches this definition, Helps clients make informed decisions about real estate, requires being a real estate broker with years of experience

Which is the correct term that matches this definition, Teaches laws, regulations, and practices in pre-licensing, continuing education, and post-licensing