Buyer Agents
YTD, what buyer agent has the most signed agreements (must be within 5).
What is Damon with 37!
YTD, how many listings has our team had go live? (must be within 20)
What is 107.
This term describes the current market value of a home.
What is fair market value.
This is the initial deposit made to show a buyer's commitment to a purchase.
What is earnest money.
YTD, what buyer agent has closed the most deals and how many have they closed? (must be within 1)
What is Evan with 10 closings!!
YTD, how many listings has our listing team had under contract? (must be within 10)
What is 90.
This term describes the increase in a property's value over time due to market conditions.
What is appreciation.
This type of deed offers the highest level of protection to the buyer, guaranteeing clear title.
What is a General Warranty Deed.
What is 246.
YTD, how many listing appointments have our listing agents MET? (must be within 10)
What is 260.
This real estate investment strategy involves buying under-market-value properties, renovating them, and selling quickly for a profit.
What is flipping.
This clause allows a buyer to back out if they can’t sell their own home.
What is a contingency.
YTD, which buyer agent has the most 2+ minute conversations? (must be within 50)
What is Chad with 977!!
YTD, which listing agent has the most signed agreements? (must be within 5)
What is Allyson with 42!
This IRS rule allows deferral of capital gains taxes when selling an investment property and purchasing another of like kind
What is a 1031 Exchange.
Under RESPA, this federally required form provides borrowers with final loan terms and closing costs. This must be signed 3 business days before closing.
YTD, who has the most open houses? (must be exact answer)
What is Chad with 14!
YTD, who has had the most listings go live? (must be exact answer)
What is Allyson with 29!
The formula used to calculate cap rate is net operating income divided by this value.
What is the property’s purchase price (or market value).
The legal principle that gives a landowner rights to natural water flowing through or adjacent to their property.
What is riparian rights.