Gold Coast Real Estate Final Exam
Questions and Answers (Verified Answers)
What is Farming? - -Agent dominates specific area/neighborhood/town Also known as
door to door.
-What are the three areas sales associates must be experts in? - -Must be experts in
Valuation, Marketing, and Property Transfer
-What key knowledge must you have to be involved in Industrial Sales? (Not needed for
commercial sales) - -Government Law (Environmental)
-What is It called when a Developer builds a center in track where sales are made? - -
Track Building
-What is the period of time called when a Developer holds off approval on project ? - -
Building Moratorium
-How long must a sales associate be active to be able to take Broker exam? - -24mos
within a 60mos period
-What is a broker associate? - -Broker that is licensed but working under another
broker
-What do you need to qualify for FL Real Estate License? - -18yrs of age and no
criminal history, you dont need to be FL resident or US citizen
-What is mutual recognition? - -When you take the real estate license in one state and
want It to account for the state your moving to.
Questions and Answers (Verified Answers)
What is Farming? - -Agent dominates specific area/neighborhood/town Also known as
door to door.
-What are the three areas sales associates must be experts in? - -Must be experts in
Valuation, Marketing, and Property Transfer
-What key knowledge must you have to be involved in Industrial Sales? (Not needed for
commercial sales) - -Government Law (Environmental)
-What is It called when a Developer builds a center in track where sales are made? - -
Track Building
-What is the period of time called when a Developer holds off approval on project ? - -
Building Moratorium
-How long must a sales associate be active to be able to take Broker exam? - -24mos
within a 60mos period
-What is a broker associate? - -Broker that is licensed but working under another
broker
-What do you need to qualify for FL Real Estate License? - -18yrs of age and no
criminal history, you dont need to be FL resident or US citizen
-What is mutual recognition? - -When you take the real estate license in one state and
want It to account for the state your moving to.
