Real Estate Systems
Real estate system provides the MLS
What is the Northwest MLS?
Term that defines anyone who has received their real estate license
Who is a Real Estate Broker?
This portal allows brokers to upload their executed documents
What is SkySlope?
LTV
What is Loan-To-Value-Ratio?
Type of broker's main job is to understand the home-buyers requirements and values and to present available listings to the home-buyer by conducting showings, providing industry insights, pricing, and other factors, and finally assist the home-buyer in placing an offer, negotiating, and closing
What is a Buyer's Broker?
Real estate system is a state-level association that provides business contracts and forms for real estate agents?
What is Washington Association of Realtors?
Term that defines a company which is licensed to conduct real estate activities in a given jurisdiction.
What is a Real Brokerage?
This portal automates the showing scheduling and management process for MLSs, associations, offices, and agents
What is ShowingTime?
What is the Multiple Listing Service?
True or False: Unlicensed team members are allowed to show properties to buyer clients for agents.
False
Industry association real estate brokers need to be a part of the use the title REALTOR®?
What is National Association of REALTORS® (NAR)?
Term is used to describe a professional estimate/opinion on the value of real estate
What is an Appraisal?
The name of the Portal that seems to give false home value.
What is ZILLOW?
DAILY DOUBLE:
NOO
What is non-owner occupied?
Exclusive Neighborhood, Family, Empty-Nesters
What are words prohibited by the Fair housing Act?
Real estate system approves and regulates education providers, courses, and instructors, and mandates course content for licensing?
What is the DOL?
Tool that real estate brokers use to estimate the value of a specific property by evaluating similar ones that have recently sold in the same area
What is a Comparative Market Analysis (CMA)
This portal allows brokers to manage electronic documents, mainly through the use of e-signatures
What is Authentisign?
REO
What is Real Estate owned?
Leading global provider of mobile credentialing and electronic key management solutions
What is Supra?
Real estate system provides cloud based applications for real estate professionals who want to mange their transactions online.
What is Transaction Desk?
Term that defines a valuable marketing strategy that involves planting, nurturing and cultivating real estate leads that grow into future business.
What is Farming?
Where in the NWMLS can you find the home Tax information.
What is Realist?
CLHMS
What is Certified Luxury Home Marketing Specialist™?
Covers the legal costs and expenses in defending a broker that is accused of providing inadequate advice or services to their client, breached their fiduciary duty, or otherwise making alleged errors when conducting business?
What is Errors & Omissions (E&O) Insurance?