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

EMD

Earnest Money Deposit

100

Appraisal

An expert estimate of the value of real estate.

100

2019

When Billy became a licensed agent in TN

100

Net profit divided by cost of investment x 100

ROI

100

Graceland

The former home of Elvis

What is the most famous home in Tennessee?

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

Keller Williams Realty 

What is Billy's brokerage?

200

PITI

What is PRINCIPAL INTEREST TAXES INSURANCE?

200

Lynchburg, TN

The home of Jack Daniels.  Jack Daniels is the oldest registered distillery in the United States.



300

MLS

What Is Multiple Listing Service

300

2 Years

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

300

What is Billy's Secret Weapon

Lucy the Real Estate Dog

300

3.5%

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

300

Crossville TN

The world's largest treehouse chapel is in what city?

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

Where was Billy born?

Memphis

400

43,560 SQ. FT.

What is THE AREA OF AN ACRE?

400

Ruby Tuesday

What Tennessee restaurant was founded 1972 in Knoxville by 4 fraternity brothers. The first restaurant was located on the Cumberland Strip

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

1996 

What year did Billy move to Knoxville?

500

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

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

500

Union Gospel Tabernacle is better known as?

The Ryman Auditorium built in 1892, is also credited with being the birthplace of Bluegrass