We Are JPAR
Ice, Ice, Gravy
B-BRA
AM / PM
Olympics
100

THIS is the name of our next event, that is open to all agents and their families.

What is Picnic in the Park, Saturday September 28

100

After his music career faded, the 56-year-old rapper, born Robert Matthew Van Winkle, found a new calling in ______ _______ __________.

real estate investment.

100

After August 17, can you show a property without a signed Buyer Brokerage agreement?

NO.

100

JPAR Elite now has a new division - what are the initials?

PM

100

The 2024 Olympics is held HERE.

Paris.

200

You can send digital CMA's to your potential sellers, track which pages they open, and how long they stayed on each page, with THIS product inside your kvCore CRM system.

What is CORE Present?

200

Rule #1: You'll want to start with some ___________ if you want to be a serious real estate investor. 

Liquidity.

Ice recommend recording a chart-topping song that sells 1 million copies per day world wide. So yeah.

200

If a buyer wants to cancel the BBRA, what actions need to happen?

Your buyer needs to inform you in writing prior to becoming under contract (and then you send to broker@jparelite.com). It can be unilaterally terminated, and is effective immediately.

200

1. Straight line Method

2. Accelerated Method

3. Units of Production Method 

Are (3) three types of A_______ M_______.

Amortization Methods
200

Who is America's Fan Favorite on the Team USA Gymnastics?

Simone Biles

300

What's an easy way to communicate with your vendors during a transaction?

What is the Wealth Building Blueprint

Or you can Add a Person to the transaction, and share docs effortlessly.

300

Rule #2: Invest in properties in diverse ______.

Markets. 

He bought more properties than he could use all over the country, and then sold them for profits as the markets appreciated. Some he did no upgrades, just held and let natural appreciation take effect.

300

Can a buyer legally and ethically sign more than 1 Buyer Brokerage Representation Agreement?

Yes. If the terms of that agreement are for only specific areas of the city, for a specific property, or for specific types of properties. 

300

What does Pending Mean, in real estate terms?

If the property is listed as pending, that means the contingencies have already been met, and the buyer is preparing to close on the property.

300

Rugby 7's is an official Olympic Sport - Y/N?

Yes.

400

What are our Core Values?

Integrity. Productivity. Service
400

Rule #3: Develop a ______ ______ and a specialty.

Game Plan.

He began to develop a game plan for the type of homes he purchased, and how he purchased them. He prefers to buy properties off-market instead of from Multiple Listing Services and to buy distressed properties and tax liens, which he says gives him the chance to buy properties for “pennies on the dollar.”

400

Your BBRA with your buyer is 2.75%. They want to see a new build, where the builder is desperate to sell and tells you that they are willing to pay you 4%. What do you do?

Option 1: Write up the contract for 2.75% + 1.25% toward buyer's closing costs.

Option 2: Re-sign a BBRA for that specific community at 4%, informing your buyer of the incentive conveyed to you.

Option 3: Lower your offer to purchase the home, and ask for the 2.75% your buyer agreed to pay you.

Do whatever your buyer and you agree to do. Always with full disclosure and in the best interest of the BUYER at the forefront.

400

The 4 P's of real estate are:

Product, Price, Place, and Promotion

What are the 4 M's?

Marketing Mix

Management

Moving

Miracle Workers


400

Which Country is currently leading the TOTAL medal count? Gold, Silver, Bronze.

500

When someone wants to learn more about the JPAR offering, which website would you send them?

500

Rule #4: Flex your ________ and design muscles.

Construction.

The best investors are the ones who roll up to their properties in their own trucks with their own tools. Vanilla Ice's fascination in real estate was sparked when one of his homes was destroyed by Hurricane Andrew in 1992, and he decided to renovate it himself and sell it.

500

How will this BBRA and/or NAR ruling change the way you do business ... if at all.

All answers receive points.

500

Run your comps, check your upgrades, complete a CMA, and know market conditions ... this will help you determine A________ M_____ value.

Approximate Market

500

Who is the Official Sponsor of the USA Water Polo at the Paris Olympics?