Gold Coast - Sales associate Pre-License Course – Highlights| Q&A, Graded A
farming
(1) Concentrating on one neighborhood or style of property. (2) Or Specializing in
one geographical area.
Comparative Market Analysis (CMA) (COMPS)
a value estimate based on recent sales of similar properties in the same
neighborhood.
Multiple Listing Service (MLS)
(1) A Marketing tool that allows agents to market listings.
(2) a comprehensive listing, updated daily, of properties for sale in a given
community or metropolitan area; includes a brief description of each property with
a photo and its asking price but can be accessed only by realtors who work for an
MLS member.
Industrial Sales or Leasing
Knowledge concerning government regulations of land use, environmental
considerations, transportation, labor costs, and utility charges are important when
attempting to meet the requirements of such purchasers.
Tract Building
when a developer acquires a large tract of land, records a subdivision plat map, and
uses a model center from which sales may be made.
National Association of REALTORS (NAR)
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