Industry Acronyms
General Real Estate
Billy Hitt
Real Estate Math
Real Estate Trivia
100

EMD

Earnest Money Deposit

100

Appraisal

An expert estimate of the value of real estate.

100

When Billy became a licensed agent in TN

2019

100

Net profit divided by cost of investment x 100

ROI

100

In The Wizard of Oz, Dorothy said, "There is no place like home!"  Her home was in this tornado prone state.

What is Kansas?

200

HOA

What is Home Owners Association 

200

Home, Pest & Roof

What are 3 of the typical inspections a buyer can have performed on a property?

200

What is Billy's brokerage?

Keller Williams Realty

200

PITI

What is PRINCIPAL INTEREST TAXES INSURANCE?

200

The Flintstones lived in this town.

What is Bedrock

300

MLS

What Is Multiple Listing Service

300

2 Years

How often a real estate agent has to renew and continue education hours.

300

How does Billy treat sellers differently then other agents?

1 on 1 listing appointments, staging consultation, the photography works, professional marketing and expertise.

300

3.5%

What is the minimum required down payment for an FHA buyer?

300

This real estate board game became the best-selling game in America just one year after it was created.

What is Monopoly?

400

CMA

What is a Comparative Market Analysis

400

Pre-Approval Letter

What is the buyer required to have in order to make an offer on a property?

400

Is it fun to work with Billy?

Absolutely!

400

43,560 SQ. FT.

What is THE AREA OF AN ACRE?

400

Elvis Presley's home is named this.

What is Graceland?

500

CTC

What is Clear To Close?

500

A duty of utmost care, integrity, honesty & loyalty in dealings with a clients

What are Fiduciary Duties Of A Real Estate Agent?

500

What year did Billy move to Knoxville?

1996

500

$726,200 and goes up to $890,100

What is the maximum conforming loan limit for a single family property in Tennessee.

500

Walt Disney created this town near Orlando to look like 1940s southeastern town with traditional architecture.

What is Celebration