1
REAL ESTATE MARKETING: COMMERCIAL REAL ESTATE
CHAMPIONS EXAM LATEST UPDATES -2025/2026- ACTUAL
QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+
GUARANTEED SUCCESS
Which of the following is a good reason for joining a big-name international
commercial real estate firm?
Good mentorship program
Which statement regarding commercial real estate is FALSE?
Pocket listings are rare and can be viewed as unethical
ICSC
International Council of Shopping Centers - The purpose of The International
Council of Shopping Centers (ICSC) is to advance the shopping center industry and
to promote its role in the commercial distribution of consumer goods and
services.
comprehensive database
This will be one of the greatest assets of your business. Pick a geographical region
to farm, and assemble a database of properties and property owners.
DTPA
The Deceptive Trade Practices Act (DTPA) is a Texas law that was passed in 1973.
It allows an aggrieved consumer to sue a seller of goods for damages. The act by
the seller of the goods has to be deceptive or unfair for the consumer to
successfully sue for monetary damages.
, 2
CCIM
The CCIM Institute was established in 1954 to give commercial real estate
practitioners an opportunity to further their business practices through education
and networking opportunities. The institute administers the Certified Commercial
Investment Member (CCIM) designation. "Gold Standard"
Canons of Professional Ethics and Conduct
FIDELITY
INTEGRITY
COMPETENCY
CONSUMER INFORMATION
DISCRIMINATORY PRACTICES
caveat emptor
are two Latin words that most people have heard at some point - "let the buyer
beware." All real estate transactions in Texas are done "as is."
IREM
Institute of Real Estate Management
is an international community of real estate managers dedicated to ethical
business practices, maximizing the value of investment real estate, and promoting
superior management through education and information sharing. IREM
membership includes more than 18,000 individuals and 550 corporate members.
BOMA
Building Owners and Managers Association is a federation of 93 BOMA U.S.
associations, BOMA Canada, and 13 BOMA international affiliates. BOMA
International's members are building owners, managers, developers, leasing
professionals, corporate facility managers, asset managers, and the providers of
the products and services needed to operate commercial properties.
Intermediary brokerage
, 3
All commercial brokers practice intermediary because it is in their best interests
to do so. As the intermediary, the broker can sell one of his own listings to a
buyer. This is the reason that many properties are never listed on the market as
"for sale." It is more beneficial to keep the commission in-house, so others are not
vying for a part of the commission.
fair housing
laws exist at the federal, state and local levels to ensure that all citizens have
unob- structed access to housing. Residential agents must always adhere to all
fair housing laws and cannot discriminate or refuse to sell or rent property based
upon a buyer's race, color, national origin, religion, sex, familial status or
handicap.
SIOR
Society of Industrial and Office Realtors is a professional organization begun in
1939, with over 3,000 members worldwide that offers the SIOR Designation, a
symbol of knowledge, production, and ethics in the real estate industry.
NARPM
Most single-family homes used as rentals are managed by the owner/ landlord.
However, a growing portfolio of homes, homes scattered over a large area, and
other factors may make professional management desirable. The National
Association of Residen- tial Property Managers is an organization of managers of
single-family and small multifamily properties. For more information, visit
http://www.narpm.org.
Commercial real estate is often defined as any real estate that is _____________.
Not residential in nature
supply and demand
are perhaps the primary determinants of real estate values. When the demand
for real estate is high and the supply low, prices in the marketplace go up.
campus-style
are so named due to their resemblance to university campuses. They are usually
quite large, spread over several acres of land, allow for ample parking, and do not
REAL ESTATE MARKETING: COMMERCIAL REAL ESTATE
CHAMPIONS EXAM LATEST UPDATES -2025/2026- ACTUAL
QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+
GUARANTEED SUCCESS
Which of the following is a good reason for joining a big-name international
commercial real estate firm?
Good mentorship program
Which statement regarding commercial real estate is FALSE?
Pocket listings are rare and can be viewed as unethical
ICSC
International Council of Shopping Centers - The purpose of The International
Council of Shopping Centers (ICSC) is to advance the shopping center industry and
to promote its role in the commercial distribution of consumer goods and
services.
comprehensive database
This will be one of the greatest assets of your business. Pick a geographical region
to farm, and assemble a database of properties and property owners.
DTPA
The Deceptive Trade Practices Act (DTPA) is a Texas law that was passed in 1973.
It allows an aggrieved consumer to sue a seller of goods for damages. The act by
the seller of the goods has to be deceptive or unfair for the consumer to
successfully sue for monetary damages.
, 2
CCIM
The CCIM Institute was established in 1954 to give commercial real estate
practitioners an opportunity to further their business practices through education
and networking opportunities. The institute administers the Certified Commercial
Investment Member (CCIM) designation. "Gold Standard"
Canons of Professional Ethics and Conduct
FIDELITY
INTEGRITY
COMPETENCY
CONSUMER INFORMATION
DISCRIMINATORY PRACTICES
caveat emptor
are two Latin words that most people have heard at some point - "let the buyer
beware." All real estate transactions in Texas are done "as is."
IREM
Institute of Real Estate Management
is an international community of real estate managers dedicated to ethical
business practices, maximizing the value of investment real estate, and promoting
superior management through education and information sharing. IREM
membership includes more than 18,000 individuals and 550 corporate members.
BOMA
Building Owners and Managers Association is a federation of 93 BOMA U.S.
associations, BOMA Canada, and 13 BOMA international affiliates. BOMA
International's members are building owners, managers, developers, leasing
professionals, corporate facility managers, asset managers, and the providers of
the products and services needed to operate commercial properties.
Intermediary brokerage
, 3
All commercial brokers practice intermediary because it is in their best interests
to do so. As the intermediary, the broker can sell one of his own listings to a
buyer. This is the reason that many properties are never listed on the market as
"for sale." It is more beneficial to keep the commission in-house, so others are not
vying for a part of the commission.
fair housing
laws exist at the federal, state and local levels to ensure that all citizens have
unob- structed access to housing. Residential agents must always adhere to all
fair housing laws and cannot discriminate or refuse to sell or rent property based
upon a buyer's race, color, national origin, religion, sex, familial status or
handicap.
SIOR
Society of Industrial and Office Realtors is a professional organization begun in
1939, with over 3,000 members worldwide that offers the SIOR Designation, a
symbol of knowledge, production, and ethics in the real estate industry.
NARPM
Most single-family homes used as rentals are managed by the owner/ landlord.
However, a growing portfolio of homes, homes scattered over a large area, and
other factors may make professional management desirable. The National
Association of Residen- tial Property Managers is an organization of managers of
single-family and small multifamily properties. For more information, visit
http://www.narpm.org.
Commercial real estate is often defined as any real estate that is _____________.
Not residential in nature
supply and demand
are perhaps the primary determinants of real estate values. When the demand
for real estate is high and the supply low, prices in the marketplace go up.
campus-style
are so named due to their resemblance to university campuses. They are usually
quite large, spread over several acres of land, allow for ample parking, and do not
