Which of the following AIDA characteristics is the most critical in the ad? Interest, desire, and action cannot be obtained if the ad does not first and foremost capture the reader's attention.
Which kind of advertising aims at increasing sales by informing the public of a company's capabilities?
Institutional advertising (sometimes called corporate advertising) attempts to establish a positive image of the company, its services and its reputation in the minds of the public. This form of advertising aims at increasing sales by informing the public of the company's capabilities.
Which of the following statements best describes what happens in a mortgage loan transaction?
Which of the following statements best describes what happens in a mortgage loan transaction? The borrower gives the lender a note and a mortgage in exchange for the funds.
Which of the following is an example of commingling?
Which of the following is an example of commingling? Putting a client's escrow money into the broker's operating account.
Which of the following is an accurate statement regarding the National Do Not Call Registry quizlet?
Which of the following is an accurate statement regarding the National Do-Not-Call Registry? The fine for violations is a maximum of $5,000 per phone call. Brokerage companies must have a Do Not Call Policy, even if they do not engage in cold calling.
23 related questions foundWhich of the following types of newspaper ad is the most expensive quizlet?
Terms in this set (9) Which of the following types of newspaper ad is the most expensive? Display ads are more expensive than classifieds, so are often used when promoting developments rather than individual homes.
Which type of inspection covers a home's major mechanical systems?
A typical home inspection covers all major mechanical systems, structural integrity, cosmetic features and other aspects of the house. This includes: Heating and cooling systems. Electrical.
What is an example of commingling in real estate?
Legal commingling in real estate is a fairly common occurrence. For example, joint venture partners or members of an LLC intentionally pool their money together to invest in a portfolio of rental properties, purchase and renovate a small multifamily building, or develop a new rental project from the ground up.
Which of the following items is usually not prorated at closing?
Which of the following items is not prorated at closing? The answer is loan amount. Mortgage interest, general real estate taxes, water taxes, insurance premiums, and similar expenses are usually prorated at closing.
Which of the following is an example of conversion real estate?
Conversion Real Estate Example
Another example of real estate conversion might be the removal of property from a home listed on the market. If an agent removes furniture, decorations, appliances or any other property from the home for his or her own personal use, he has committed conversion.
Which of the following is a feature of a conventional loan?
Which of the following is a feature of a conventional loan? Conventional loans typically have fewer forms and processing can be more flexible than government-backed loans.
What is one of the major objectives of professional property management?
What is one of the major objectives of professional property management? Minimize expenses while maximizing profits for the owner.
What happens when the terms of the loan are satisfied?
A satisfaction of mortgage is a signed document confirming that the borrower has paid off the mortgage in full and that the mortgage is no longer a lien on the property.
What is the best suggestion to give sellers when a showing is scheduled?
What is the best suggestion to give sellers when a showing is scheduled? Leave the property.
Which form of advertising is considered the most cost effective method for advertising a home?
Newspaper advertising is probably the most common and often the most effective form of advertising for residential property.
When prospects get distracted by other messages or advertisements from competing offices it is called?
WHEN PROSPECTS GET DISTRACTED BY OTHER MESSAGES OR ADVERTISEMENTS FROM COMPETING OFFICES, IT IS CALLED. noise. INCITING PANIC AMONG SELLERS TO SELL HOMES BEFORE PRICES DECLINE, BECAUSE BUYERS OF A DIFFERENT RACE ARE ENTERING THE NEIGHBORHOOD, IS CALLED. blockbusting.
Which of the following may get prorated at closing?
There are several expenses prorated at closing, include property taxes, homeowner's insurance, HOA dues and mortgage interest.
Which of the following are usually prorated in an escrow?
“Prorating” is “dividing equally or proportionately to the time of use.” During escrow it is customary to prorate taxes, interest, rents and homeowner's dues between Buyer and Seller in accordance with their respective periods of ownership.
Which of the following would a lender generally require to be produced at the closing?
Which of the following would a lender generally require to be produced at the closing? The answer is title insurance policy. The application, credit report, and appraisal are required by a lender before committing funds for the loan.
What is commingling in real estate quizlet?
Commingling is the practice of mixing a client's money with the agent's personal funds. Conversion is the unlawful misappropriation and use of a client's funds by a licensee. Conversion is the more serious violation.
What is collusion in real estate?
The definition of collusion is a secret, non-competitive, and, at times, illegal agreement between two or more rivals that aim to destabilize the market's balance. Collusion can be done by people, companies, or other entities that generally go against each other.
What is commingling of assets?
Commingling refers broadly to the mixing of funds belonging to one party with funds belonging to another party. It most often describes a fiduciary's improper mixing of their personal funds with funds belonging to a client.
What is the most important item that a seller must deliver to the buyer at closing?
What is the most important document at closing and why? The deed is the most important document because it transfers the property to the purchaser. Define the term "marketable title." A marketable title is one that is so free of defects that the buyer is certain he or she will not have to defend the title.
Which of the following is typically regarded as the most important document at closing?
Which of the following is typically regarded as the most important document at closing? -The deed is the most important document at closing, since it transfers the property to the purchaser. The deed is usually prepared by the seller's attorney, who might use the old deed as a template to prepare the new one.
Which of the following statements best defines what is included in a closing disclosure?
Which of the following statements best defines what is included in a Closing Disclosure? A Closing Disclosure details all financial particulars of a transaction.
