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California Real Estate Practice 2nd Edition Test Bank

Stay confident on exam day with California Real Estate Practice 2nd Edition Test Bank, offering a complete package of notes, formulas, and study hacks.

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California Real Estate Practice 2e Mid-Term Exam1.Consumer surveys indicate that the biggest shortcoming among real estateprofessionals is:a. inadequate training.b. failure to communicate.c. lack of negotiatingskills.d. inaccurate pricing in the CMA.2. When arriving at a value conclusion in a CMA the most weight should be given to:a. expired listings.b. pending listings.c. recent sold listings.d. active listings.3. Strength or weakness in amarket place is determined by:a. buyer and seller knowledge.b. perceived value.c. buyer motivation.d. the seller’s asking price.4. A listing presentation manualis:a.available at your localassociation office.b. unique to each licensee.c. created from a standard form template.d.provided by each employing broker.5. The two things a licensee has to sell areher:a. record oflistings andclosed sales.b. residential and commercial property.c. time and knowledge.d. number of listings and effective advertising.Formatted:Tab stops:1.27 cm, Left +2.54 cm, Left +3.81 cm, Left +5.08 cm, Left +6.35 cm, Left +7.62 cm,Left +11.9 cm, Left

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