Intro to Real Estate

Introduction to the Real Estate Business

1. When the population of a town suddenly increases, which of these is MOST likely to occur?
2. Office buildings and retail space are examples of

3. When the supply of a certain commodity decreases while demand remains the same, the price of that commodity will tend to

4. Property management, appraisal, financing, and development are all
5. A property owner who does not want to deal with the everyday tasks of managing a rental property can hire
6. The idea that no two parcels of land are exactly alike is called
7. All of these are examples of government policies that can affect the real estate market EXCEPT
8. A person who advises a real estate client who is making a purchase to use or invest in real estate is called
9. All of these factors can affect the supply of real estate EXCEPT
10. All of these factors will tend to affect demand for real estate EXCEPT
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