TEXAS PRINCIPLES OF REAL ESTATE 1 FINAL EXAM, PRACTICE EXAM AND STUDY GUIDE NEWEST ALL IN ONE DOCUMENT COMPLETE COURSE 160 QUESTIONS AND ANSWERS

TEXAS PRINCIPLES OF REAL ESTATE 1 FINAL EXAM, PRACTICE EXAM AND STUDY GUIDE NEWEST ALL IN ONE DOCUMENT COMPLETE COURSE 160 QUESTIONS AND ANSWERS
If a real estate salesperson closes on a transaction, who pays the
salesperson their commission?
ANSWER: The salesperson's sponsoring broker
A means of comparing similar type properties, which have
recently sold, to the subject property is known as the?
ANSWER: Market Comparison Approach
The market comparison approach is commonly used for this
property type?
ANSWER: Residential
The amount of goods offered for sale within a given market at a
given price during a given time period is known as?
ANSWER: Supply
A real estate agent is an example of what type of agent?

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