Farming methods include Direct Mail and Just Listed Post
Cards.
Farming only involves raising crops, fish or animals.
Farming is a great way for a licensee to introduce themselves.
Farming involves concentrating business efforts in a particular
geographical area.
Which of the following is NOT considered a major real estate Cemetery Plots
licensee sales specialty?
Agricultural
Cemetery Plots
Commercial
Residential
What is a home built from blueprints supplied by the buyer is A custom home
called?
An architectural original
A spec home
A tract home
A custom home
MLS is an acronym for which of the following? Multiple Listing System
Multiple Land Syndication
Major Lending Service
Multiple Lender Sources
Multiple Listing System
Why is there a high demand for property managers in Florida? Absentee owners
Cruise ships
Absentee owners
Gated communities
High temperatures
,An organization with at least one real estate broker acting as Real estate brokerage
the agent for others in negotiating the sale or rental of real
property for a fee is known as a/an?
Cooperative
Real estate brokerage
MLS
Management company
What is dedication? Giving up private land for public use
Giving up private land for public use
Donating a building to a private school
Putting other people's priorities above your own
The motto of the health service
One qualified by education, training and experience who is Appraiser
hired to estimate the value of real and personal property
based on experience, judgment, facts, and use of formal
appraisal process is known as a/an?
Sales Associate
Broker
Appraiser
Underwriter
Which Organization approves the Sales Associate and Broker DBPR
License Applications?
Fannie Mae
NAR
DBPR
FREC
,A Licensee from another State may be able to get a FL license Mutual Recognition
without undergoing pre-licensing education through which of
the following?
Being a REALTOR®
Mutual Recognition
Buying a home in Florida
RESPA
When should Fingerprints be submitted? As soon as an application has been submitted to DBPR
Fingerprints are not required
Before enrolling in pre-licensing courses
As soon as an application has been submitted to DBPR
After passing the State Exam
What is a newly licensed person working for a broker known A Sales Associate
as?
A Sales Associate
An Appraiser
A Home Inspector
An Unlicensed Assistant
Which of the following is correct? The pre-licensing education requirement for a Broker is 72 hours
The Post Licensing education requirement for a Sales
Associate is 14 hours
The pre-licensing education requirement for a Sales Associate
is 60 hours
The pre-licensing education requirement for a Broker is 72
hours
Brokers do not need to do any Post Licensing Education
, Which of the following is regarded as unlicensed activity? Giving an opinion on a Title
Marketing to FSBO's
Attending another Sales Associate's Open House
Showing property without having a signed Buyer
Representation Agreement
Giving an opinion on a Title
What is the minimum education requirement for an applicant? High school diploma or equivalent
MBA
PHD
There is no minimum requirement
High school diploma or equivalent
What is the difference between a Broker Associate and a A Broker Associate has passed the Broker exam but chooses to work for a Broker
Broker?
Broker Associate is studying real estate under the guidance of
the Broker
Broker Associate has passed the Broker exam but chooses to
work for a Broker
Broker Associate is the Broker's unlicensed Assistant
There is no difference
What is the meaning of Caveat Emptor? Buyer Beware
Pot Holing Venter
Beware of the Cat
Danger - Sink Holes
Buyer Beware
Which of the following are exempt from real estate licensure? An attorney acting on his client's behalf
Sales Associate
Broker Associate
A Property Manager working in a Property Management
Company
An attorney acting on his client's behalf