Real Estate Marketing: Commercial
Real Estate (SAE) QUESTIONS AND
ANSWERS 2025!!
Save
Terms in this set (56)
(1) Collect and analyze information
about the seller's property.
(2) Choose comparable properties in
When getting the area.
ready to do a
CMA, a licensee (3) Compare the seller's property to
will do the the comparables and do some
following: adjusting to the value of the
comparables.
(4) Estimate a reasonable and realistic
selling price for the seller's property.
, (1) the neighborhood: the value of the
"best house on the block" can suffer if
the neighborhood is poor or has
deteriorated for any reason.
Conversely, the value of the "smallest"
or "least desirable" house on the block
can be boosted by a good or sought-
after neighborhood.
When collecting
information about (2) the home site: property width,
the seller's frontage, depth, area, shape,
property for landscape, position and orientation
analysis, the and title considerations, such as
licensee should easements or encroachments.
focus on:
(3) existing property improvements:
attached or detached garage, shed,
or other outdoor building. Other data
to look at includes quality of
construction, age, home size,
basement, energy efficiency, interior
design features and total number of
rooms.
,This list of the past 3-6 months
comparable
properties should
include similar
properties that
have sold within
what period of
time
When preparing minimum of 3 comparable houses
sold property
information for a
CMA, what is the
minimum number
of properties the
licensee should
use
(1) The price the licensee sees on the
A licensee should pending home is the listing price, not
keep in mind that the final sale price.
the information
on pending sales (2) Many times the sale price is
is not as reliable somewhat lower than the listing price
as on sold homes
because: (3) the sale is not complete until it's
complete
, For purposes of a a pending sale
CMA, homes
whose offers
have been
accepted by the
sellers, but the
sale hasn't closed
and the title has
not transferred is
termed what?
Most often a overpricing
property fails to
sell because of
what
Some homes appear larger than other
homes from the outside, but actually
have the same amount of square feet
inside.
what is buyer
appeal Homes that are set further back from
the street may be more appealing to
some buyers, while homes with
professional-looking landscaping may
be more appealing to other buyers.
Real Estate (SAE) QUESTIONS AND
ANSWERS 2025!!
Save
Terms in this set (56)
(1) Collect and analyze information
about the seller's property.
(2) Choose comparable properties in
When getting the area.
ready to do a
CMA, a licensee (3) Compare the seller's property to
will do the the comparables and do some
following: adjusting to the value of the
comparables.
(4) Estimate a reasonable and realistic
selling price for the seller's property.
, (1) the neighborhood: the value of the
"best house on the block" can suffer if
the neighborhood is poor or has
deteriorated for any reason.
Conversely, the value of the "smallest"
or "least desirable" house on the block
can be boosted by a good or sought-
after neighborhood.
When collecting
information about (2) the home site: property width,
the seller's frontage, depth, area, shape,
property for landscape, position and orientation
analysis, the and title considerations, such as
licensee should easements or encroachments.
focus on:
(3) existing property improvements:
attached or detached garage, shed,
or other outdoor building. Other data
to look at includes quality of
construction, age, home size,
basement, energy efficiency, interior
design features and total number of
rooms.
,This list of the past 3-6 months
comparable
properties should
include similar
properties that
have sold within
what period of
time
When preparing minimum of 3 comparable houses
sold property
information for a
CMA, what is the
minimum number
of properties the
licensee should
use
(1) The price the licensee sees on the
A licensee should pending home is the listing price, not
keep in mind that the final sale price.
the information
on pending sales (2) Many times the sale price is
is not as reliable somewhat lower than the listing price
as on sold homes
because: (3) the sale is not complete until it's
complete
, For purposes of a a pending sale
CMA, homes
whose offers
have been
accepted by the
sellers, but the
sale hasn't closed
and the title has
not transferred is
termed what?
Most often a overpricing
property fails to
sell because of
what
Some homes appear larger than other
homes from the outside, but actually
have the same amount of square feet
inside.
what is buyer
appeal Homes that are set further back from
the street may be more appealing to
some buyers, while homes with
professional-looking landscaping may
be more appealing to other buyers.