NSAR Exam ACTUAL QUESTIONS AND
CORRECT ANSWERS
The MLS® Service provides a real estate professional with data and facts related to active
and historical data including the average list
price, the average sale price, the sale to list price, and the average list duration.
T/F - CORRECT ANSWER True
Indicators that measure the length and amplitude (distance between prosperity and recession)
of cycles include housing prices, available new and resale inventory, building
starts/completions, consumer confidence, and mortgage rates.
T/F - CORRECT ANSWER True
Most active real estate professionals rely upon the following two primary sources of market
information: (Choose all that apply)
A. Local Real Estate Market
B. Private transaction information
C. MLS® Services
D. Brokerage Files
E. All of the above - CORRECT ANSWER C and D
Which or the following represents the unique factors or the real estate sector?(Choose all that
apply)
A. Market not standardized
B. Private transactions
C. Lack of uniqueness of residential and commercial properties
D. All of the above
E. None of the above - CORRECT ANSWER A and B
In commercial real estate, the following measures the length and amplitude (distance between
prosperity and recession) of cycles includes commercial real estate prices, available new and
CORRECT ANSWERS
The MLS® Service provides a real estate professional with data and facts related to active
and historical data including the average list
price, the average sale price, the sale to list price, and the average list duration.
T/F - CORRECT ANSWER True
Indicators that measure the length and amplitude (distance between prosperity and recession)
of cycles include housing prices, available new and resale inventory, building
starts/completions, consumer confidence, and mortgage rates.
T/F - CORRECT ANSWER True
Most active real estate professionals rely upon the following two primary sources of market
information: (Choose all that apply)
A. Local Real Estate Market
B. Private transaction information
C. MLS® Services
D. Brokerage Files
E. All of the above - CORRECT ANSWER C and D
Which or the following represents the unique factors or the real estate sector?(Choose all that
apply)
A. Market not standardized
B. Private transactions
C. Lack of uniqueness of residential and commercial properties
D. All of the above
E. None of the above - CORRECT ANSWER A and B
In commercial real estate, the following measures the length and amplitude (distance between
prosperity and recession) of cycles includes commercial real estate prices, available new and
