MELI
Authored by Melissa Romero Infante
Specialty
Professional Development
Used 2+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which one is "typically" in involved in a Real Estate Transaction?
Real Estate Developers
Real Estate Attorneys
Real Estate Counselors
Real Estate Appraisers
2.
OPEN ENDED QUESTION
45 sec • 1 pt
Individuals typically involved in a more complex real estate transaction are: clue: there are 5
Evaluate responses using AI:
OFF
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What are the duties of a Real Estate Inspector?
Provide advice on brokerage management, financing, taxes, zoning, and RE law
Puts up the funds to subdivide/develop land; realizes return when the properties sell
Visually inspects the property's structure, system and site condition; provides report to buyer.
Estimates property value based on established valuation guidelines.
4.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
A Real Estate Developer __________ ____________ __ ____.
(a)
5.
OPEN ENDED QUESTION
45 sec • 1 pt
What does a Real Estate Appraiser do?
Evaluate responses using AI:
OFF
Answer explanation
Real Estate Appraisers estimate property value based on established valuation guidelines.
6.
OPEN ENDED QUESTION
45 sec • 1 pt
What do Real Estate Investors do and when do they make a profit?
Evaluate responses using AI:
OFF
Answer explanation
Real Estate Investors put up the funds to sbdivide/develop land; Real Estate Investors get a return when the properties sell.
7.
OPEN ENDED QUESTION
45 sec • 1 pt
What do Real Estate Traditional Lenders do?
Evaluate responses using AI:
OFF
Answer explanation
Traditional Real Estate Lenders make some development/construction loans; due to higher risk they offer less favorable terms
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