Aceable Agent Georgia Post-License
Exam Questions and Answers Latest
Version Top Rated
Question>> 1
Which of the following is an example of space market risk?
The local rental rates in the Watermark neighborhood
decrease after three new apartment buildings are built.
Housing prices decrease after the Federal Reserve
chairperson announces an increase in interest rates.
An investor loses their real estate investment after the
mortgage company forecloses on the property.
Building construction costs increase as tariffs increase on
building materials.
Correct Answer
The local rental rates in the Watermark neighborhood
decrease after three new apartment buildings are built.
Question>> 2
Select the sales price below that reflects a building with a
cap rate of 8% and a net operating income of $6,400,000.
$51.2M
$800K
$80M
$8M
Correct Answer
$80M
Page 1 of 102
,Question>> 3
Building 1301 has a basement and three levels above
ground. What type of building is it?
low-rise mid-rise high-rise kinda-rise
Correct Answer
low-rise
Question>> 4
Which of these loans is typically seen as a higher risk for
lenders? conventional loans
government-backed loans
Correct Answer
conventional loans
Because they are not insured by the government,
conventional loans are typically seen as having a higher risk
for lenders.
Question>> 5
Ashleigh schedules a meeting with other agents where she
goes over one of her most exciting and most recent listings.
Her hope is that her colleagues will now go into the world
and find a buyer for this property. This is called:
an office preview a paid referral analytics optimization
Correct Answer
an office preview
If you belong to a pretty big office, you may want to do an
office preview of the property you are listing. Basically, you
introduce the house to other agents in your office, and they
Page 2 of 102
,get a headstart in trying to find a buyer. This can lead to an
in-house transaction, which, of course, you'll need to disclose
to all parties.
Question>> 6
PUD stands for
planned urban development planned unit development
planned utility development planned utilization development
Correct Answer
planned unit development
Question>> 7
What is the difference between a percentage fee and a flat
fee?
a percentage fee does not vary; a flat fee varies based on a
property's income
a percentage fee is determined by the property owner
whereas a flat fee is NOT a percentage fee varies based on a
property's income; a flat fee does not vary
a percentage fee is determined by the property manager
whereas a flat fee is NOT
Correct Answer
a percentage fee varies based on a property's income; a flat
fee does not vary
Question>> 8
Of the below, what is the best example of staging?
Agent Arnold rehearses the patter he plans to say at an open
house Client Calvin places a carpet over termite damage on a
Page 3 of 102
, floor
Client Callie rearranges furniture and updates the home's
color scheme construction expert elmer readies a home for
demolition
Correct Answer
Client Callie rearranges furniture and updates the home's
color scheme
Question>> 9
Two days after Carmen applied for a mortgage loan, she
received a Loan Estimate from her lender. Nine days later,
she received a revised Loan Estimate with a change in terms.
Which of the following most likely explains the cause for the
change in terms that prompted the revised Loan Estimate?
Four days after the original Loan Estimate was delivered,
Carmen took advantage of a drop in interest rates and
locked in the rate on her loan.
Carmen's job status remained unchanged since the time of
her loan application. Carmen used a credit card to buy a
week's worth of groceries.
The appraisal for the home Carmen is buying came in exactly
as the bank anticipated it would when the original Loan
Estimate was issued.
Correct Answer
Four days after the original Loan Estimate was delivered,
Carmen took advantage of a drop in interest rates and
locked in the rate on her loan.
A revised Loan Estimate will be issued by the lender when
important information affecting the loan changes. Carmen's
use of her credit card to buy groceries is normal and to be
expected. Her move to lock in a lower interest rate on her
Page 4 of 102
Exam Questions and Answers Latest
Version Top Rated
Question>> 1
Which of the following is an example of space market risk?
The local rental rates in the Watermark neighborhood
decrease after three new apartment buildings are built.
Housing prices decrease after the Federal Reserve
chairperson announces an increase in interest rates.
An investor loses their real estate investment after the
mortgage company forecloses on the property.
Building construction costs increase as tariffs increase on
building materials.
Correct Answer
The local rental rates in the Watermark neighborhood
decrease after three new apartment buildings are built.
Question>> 2
Select the sales price below that reflects a building with a
cap rate of 8% and a net operating income of $6,400,000.
$51.2M
$800K
$80M
$8M
Correct Answer
$80M
Page 1 of 102
,Question>> 3
Building 1301 has a basement and three levels above
ground. What type of building is it?
low-rise mid-rise high-rise kinda-rise
Correct Answer
low-rise
Question>> 4
Which of these loans is typically seen as a higher risk for
lenders? conventional loans
government-backed loans
Correct Answer
conventional loans
Because they are not insured by the government,
conventional loans are typically seen as having a higher risk
for lenders.
Question>> 5
Ashleigh schedules a meeting with other agents where she
goes over one of her most exciting and most recent listings.
Her hope is that her colleagues will now go into the world
and find a buyer for this property. This is called:
an office preview a paid referral analytics optimization
Correct Answer
an office preview
If you belong to a pretty big office, you may want to do an
office preview of the property you are listing. Basically, you
introduce the house to other agents in your office, and they
Page 2 of 102
,get a headstart in trying to find a buyer. This can lead to an
in-house transaction, which, of course, you'll need to disclose
to all parties.
Question>> 6
PUD stands for
planned urban development planned unit development
planned utility development planned utilization development
Correct Answer
planned unit development
Question>> 7
What is the difference between a percentage fee and a flat
fee?
a percentage fee does not vary; a flat fee varies based on a
property's income
a percentage fee is determined by the property owner
whereas a flat fee is NOT a percentage fee varies based on a
property's income; a flat fee does not vary
a percentage fee is determined by the property manager
whereas a flat fee is NOT
Correct Answer
a percentage fee varies based on a property's income; a flat
fee does not vary
Question>> 8
Of the below, what is the best example of staging?
Agent Arnold rehearses the patter he plans to say at an open
house Client Calvin places a carpet over termite damage on a
Page 3 of 102
, floor
Client Callie rearranges furniture and updates the home's
color scheme construction expert elmer readies a home for
demolition
Correct Answer
Client Callie rearranges furniture and updates the home's
color scheme
Question>> 9
Two days after Carmen applied for a mortgage loan, she
received a Loan Estimate from her lender. Nine days later,
she received a revised Loan Estimate with a change in terms.
Which of the following most likely explains the cause for the
change in terms that prompted the revised Loan Estimate?
Four days after the original Loan Estimate was delivered,
Carmen took advantage of a drop in interest rates and
locked in the rate on her loan.
Carmen's job status remained unchanged since the time of
her loan application. Carmen used a credit card to buy a
week's worth of groceries.
The appraisal for the home Carmen is buying came in exactly
as the bank anticipated it would when the original Loan
Estimate was issued.
Correct Answer
Four days after the original Loan Estimate was delivered,
Carmen took advantage of a drop in interest rates and
locked in the rate on her loan.
A revised Loan Estimate will be issued by the lender when
important information affecting the loan changes. Carmen's
use of her credit card to buy groceries is normal and to be
expected. Her move to lock in a lower interest rate on her
Page 4 of 102
