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CHAPTER 12 PRACTICE QUIZ QUESTIONS AND ANSWERS FULLY SOLVED

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CHAPTER 12 PRACTICE QUIZ

Institution
CCIM - Certified Commercial Investment Member
Course
CCIM - Certified Commercial Investment Member

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CHAPTER 12 PRACTICE QUIZ

TREC stands for:

None of these is correct.
Texas Real Estate Commission
Texas Real Estate Company
Texas Real Estate Corporation - answer Texas Real Estate Commission

CCIM stands for:

Commercially Certified Investor and Manager.
Certified Commercial Investment Member.
Classic Commercial Investment Manager.
Commercial Contracts and Investments Manager. - answer Certified Commercial
Investment Member.

A __________ Agent can act for the client in all matters, including living arrangements.

Universal
Special
Ultimate
General - answerUniversal

"Panic Pedalling" can be described as:

what you do on your bike when you're being chased by zombies.
making money in real estate when the market is soft and people are selling a deep
discounts.
None of these is correct.
an agent using someone's fears of something to cause them to sell a property at a
below market price. - answeran agent using someone's fears of something to cause
them to sell a property at a below market price.

_________ _________ is often solved with the broker representing both sides
designating a separate agent for both buyer and seller.

Universal Agency
Dual Agency
None of these is correct.
Steering and Blockbusting - answerDual Agency

The most common listing agreement is the:

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CCIM - Certified Commercial Investment Member
Course
CCIM - Certified Commercial Investment Member

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