45 Hour Post License Florida EXAM 2026-2027 ACTUAL
COMPLETE REAL EXAM QUESTIONS AND CORRECT
ANSWERS/ VERIFIED ANSWERS (100% CORRECTLY
SOLVED) GRADED A+
What is the difference between price and value?
Price is the amount that is actually paid in a real estate
transaction. It may not represent the market value.
The Principle of Contribution states that
the value of a component of the property is the amount it increases
the total value of the property (ex. renovating the kitchen to
increase the asking price)
Highest and Best Use Analysis
every property has a single use the produces the greatest income
and return.
,Comparable Sales Approach is used
to estimate the value indicated by the recent sales of comparable
properties in the market.
Matched Pair Sales Technique
Locating other properties that have been sold in the area, of
which, one that has a particular feature you are trying to value
and another one that does not. So, if you find a home with a
swimming pool that sold for
$210,000 and then you find a home that doesn't have a swimming
pool, but is very similar, and sold for $200,000 you can assume
that the pool was worth $10,000.
A ________ is an estimate of value for a property owned by the bank.
Broker Price Opinion
Properties owned by a bank due to foreclosure, deed in lieu of
foreclosure, or a short sale are called
Real Estate Owned (REO) properties
, Prospecting is
the process of looking for new business; this process never stops.
You should spend a majority of your time prospecting for new
business.
Consistency of Contacts is when you protect each day and
Prospect to the same people consistently
Push Marketing is the traditional form of marketing that is used by
real estate professionals which includes:
Mail outs, flyers, newspaper ads, magazine ads, radio, TV, cold
calling
Pull Marketing is about developing relationships that attract your
ideal client to you, which is done by using
Social media
COMPLETE REAL EXAM QUESTIONS AND CORRECT
ANSWERS/ VERIFIED ANSWERS (100% CORRECTLY
SOLVED) GRADED A+
What is the difference between price and value?
Price is the amount that is actually paid in a real estate
transaction. It may not represent the market value.
The Principle of Contribution states that
the value of a component of the property is the amount it increases
the total value of the property (ex. renovating the kitchen to
increase the asking price)
Highest and Best Use Analysis
every property has a single use the produces the greatest income
and return.
,Comparable Sales Approach is used
to estimate the value indicated by the recent sales of comparable
properties in the market.
Matched Pair Sales Technique
Locating other properties that have been sold in the area, of
which, one that has a particular feature you are trying to value
and another one that does not. So, if you find a home with a
swimming pool that sold for
$210,000 and then you find a home that doesn't have a swimming
pool, but is very similar, and sold for $200,000 you can assume
that the pool was worth $10,000.
A ________ is an estimate of value for a property owned by the bank.
Broker Price Opinion
Properties owned by a bank due to foreclosure, deed in lieu of
foreclosure, or a short sale are called
Real Estate Owned (REO) properties
, Prospecting is
the process of looking for new business; this process never stops.
You should spend a majority of your time prospecting for new
business.
Consistency of Contacts is when you protect each day and
Prospect to the same people consistently
Push Marketing is the traditional form of marketing that is used by
real estate professionals which includes:
Mail outs, flyers, newspaper ads, magazine ads, radio, TV, cold
calling
Pull Marketing is about developing relationships that attract your
ideal client to you, which is done by using
Social media
