Intro to Real Estate

Introduction to the Real Estate Business

1. Property management, appraisal, financing, and development are all
2. All of these factors can affect the supply of real estate EXCEPT
3. The idea that no two parcels of land are exactly alike is called
4. A property owner who does not want to deal with the everyday tasks of managing a rental property can hire
5. Office buildings and retail space are examples of
6. When the population of a town suddenly increases, which of these is MOST likely to occur?
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 will tend to affect demand for real estate EXCEPT

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

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