real estate

do you have to have a license to be a real estate agent

• no

• yes, always

• sometimes

what do real estates do

• make homes

• show you toys

• work in a shoe shop

• help people buy homes

True or False, Real estate agents work with builders

• False

• True

how old must you be to become a real estate agent

• 19 years older

• at least 18

• 50 years old

• 25 years old

The difference between the interest rate that the lender charges and what the investor demands can be made up by charging

• satisfaction fees.

• loan origination fees.

• discount points.

• underwriting fees.

what do you have to study to be an real estate agent

• Math

• Reading

• Science

A Texas broker may pay commission to:

• A dog

• A foreign broker who doesn't negotiate in Texas

• An in-house employee of a principal

• Any person

An investor recently paid $500,000 for a building that yields $65,000 in annual income. The investment's cap rate is

• 13%

• 10%

• 0%

• 20%