Termy Term Terms
The process of find the value of a property by a qualified professional.
What is an appraisal?
Oil, gas, and coal found underground are examples of these rights.
What is/are subsurface rights
As a new agent, it may be a good idea to ask interviewing brokers about this type of program.
What is a Training Program
In this 'table game' at a casino, a player may bet on red, black, or numbers.
What is Roulette?
Someone with or without a real estate license who collect rent on behalf of a landlord/property owner.
What is a property manager?
These rights are located above the ground and can be sold or leased.
Money isn't everything, but knowing what your commission ________ is on each deal is important.
What is a split?
In blackjack, the dealer usually stays on this number.
What is 17
The process and/or report of determining the physical condition of a property.
What is a Home Inspection?
Riparian and Littoral are examples of these rights.
What are water rights
Marketing is how they find you, but _________ is why the call you.
What is Brand or Branding
(Consider branding as marketing + image x value)
In this game, one of the possible bets is 'the field'.
What is craps?
The term used for the process to obtain funds from a third party to purchase a home.
What is financing?
A property that resides on a lake may have this type or right.
What is/are littoral rights
Most brokerages have physical offices. Those that do not often call their brokerage this.
What is a virtual brokerage
What is 'counting cards' or 'card counting'
What is/are emblements
The Bundle of Legal Rights include these 5 rights.
What is the right of:
Possession Control Enjoyment Exclusion Disposition
As a new agent, you need to be asking this question to every broker, especially when discussing training and support.
While only some casinos honor this rule variation, this rule allows any blackjack player to win if they draw 5 cards without going over 21
What is a 5-card Charlie