1
Q
Comparative market analysis: CMA
A
Price comparison for sellers use when listing their property.
2
Q
Multiple listing service: the MLS
A
Organization of brokers who work to sell each others listings.
4
Q
Exclusive agency listing
A
A listing that promises but the broker will be paid unless owners sell on their own.
5
Q
Net listing: (illegal in NJ)
A
Illegal listing: broker keeps everything above a certain figure.
6
Q
Open listing: (worst kind)
A
A listing given to any number of brokers: only selling broker is paid.
7
Q
Exclusive right to sell listing (Best kind)
A
A listing that states broker will be paid no matter who sells the listing.
Real estate license study
flashcards
Decks in class (32)
# Cards
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Chapter 3 Agency, brokerage and ethical considerations Key terms part 117
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Chapter 3: Agency, brokerage and ethical considerations Key Terms Part 216
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Chapter 3: Agency, brokerage and ethical considerations. Key Terms Part 311
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Chapter 4 Fair Housing Key Terms12
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Chapter 5: What Is Real Estate? Key Terms Review Part 113
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Chapter 5: What Is Real Estate? Key Terms Review Part 212
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Chapter 6: Estates And Interests. Key Terms Part 116
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Chapter 6: Estates And Interests. Key Terms Part 216
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Chapter 7: Ownership Of Real Estate Key Terms Part 114
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Chapter 7: Ownership Of Real Estate Key Terms Part 211
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Chapter 8: Real Estate Taxes Key Terms13
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Chapter 9: Land Use Regulations And Environmental Issues. Key Terms18
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Chapter 10: Listing Agreements. Key Terms6
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Chapter 11: Real Estate Contracts. Key Terms Part 116
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Chapter 11: Real Estate Contracts. Key Terms Part 215
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Chapter 12; Leases, Landlord And Tenant. Key Terms Part 112
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Chapter 12; Leases, Landlord And Tenant. Key Terms Part 212
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Chapter 13: Mortgages. Key Terms21
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Chapter 14: Financing; Conventional, FHA and VA loans. Key Terms Part 115
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Chapter 15: Financing To: Primary And Secondary Markets. Key Terms Part 113
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Chapter 15: Financing To: Primary And Secondary Markets. Key Terms Part 212
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Chapter 14: Financing; Conventional, FHA and VA loans. Key Terms Part 211
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Chapter 16: Essentials Of New Jersey Real Estate. Key Terms Part 113
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Chapter 16: Essentials Of New Jersey Real Estate. Key Terms Part 211
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Chapter 17: Essentials Of New Jersey Real Estate. Key Terms Part 111
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Chapter 17: Essentials Of New Jersey Real Estate. Key Terms Part 210
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Chapter 18: Subdivision And Development. Key Terms16
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Chapter 19: Essentials Of New Jersey Real Estate. Key Terms Part 122
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Chapter 21: Public Records, Titles And Closings. Key Terms Part 121
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Chapter 20: Transfer Of Title. Key Terms13
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Chapter 1: Real estate licensing. Key Terms28
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Chapter 2: Commission rules and regulations. Key terms11
