SPECIALIST CPPS 2026 CERTIFICATION
TEST QUESTIONS AND COMPLETE
SOLUTIONS FULL STUDY GUIDE GRADED
A+
⩥ property type specialization.
Answer: residential, commercial, agricultural, etc
⩥ type of transaction specialization.
Answer: sales agent, leasing agent, short sales buyer or seller, REO
specialist, property manager, etc
⩥ geographical area specialization.
Answer: a neighborhood specialist, for example
⩥ type of relationship specialization.
Answer: a fee based consultant vs. a commission based agent vs a full
time salaried employee
⩥ a real estate agent works exclusively with buyers. they have chosen a
specialization that focuses on the.
,Answer: client
⩥ residential homeowner specialization.
Answer: sells primary residences to homeowners
⩥ residential investment specialization.
Answer: sells residential property to investors
⩥ commercial sales specialization.
Answer: sells commercial property to investors, including offices,
industrial space, PUDs, and retail
⩥ commercial leasing specialization.
Answer: leases commercial property to tenants, including offices,
industrial space, PUDs, and retial
⩥ property manager specialization.
Answer: leases and manages residential investment properties on behalf
of the owner for a fee
⩥ agricultural specialization.
Answer: sells farm land and other agricultural properties
,⩥ unimproved land specialization.
Answer: sells unimproved land to investors or subdividers
⩥ residential leasing/apartment broker specialization.
Answer: leases residential properties for landlords or helps residential
tenants find homes to rent
⩥ foreclosure/short sales/reo specialist specialization.
Answer: sells distressed properties in short sales or helps buy distresses
properties in short sales or at foreclosure auctions
⩥ sellers market.
Answer: in favor of the seller, try not to pay too much above the listing
price
⩥ buyers market.
Answer: in favor of the buyer; sales price are more negotiable for
buyers; gets better deal on the price
⩥ real estate brokerage.
Answer: businesses of overseeing, consummating, and completing real
estate transactions and business by brining together the parties to a
transaction
, ⩥ brokerage.
Answer: the physical building where brokers and their sales associates
often work
⩥ broker.
Answer: can also refer to the actions taken to fulfill a real estate
transaction
⩥ aparna is working with single family residences, vacation properties,
and multi-family residences. she likely specializes in:.
Answer: residential property
⩥ Alberto is a sales associate who is very interested in revenue and
profit. a specialization that may serve his interest well is:.
Answer: commercial property
⩥ co-op category.
Answer: residential
⩥ farm area.
Answer: a specific area a real estate associate chooses to specialize and
become an expert in