MELI

Which one is "typically" in involved in a Real Estate Transaction?

• Real Estate Developers

• Real Estate Attorneys

• Real Estate Counselors

• Real Estate Appraisers

Individuals typically involved in a more complex real estate transaction are: clue: there are 5

What are the duties of a Real Estate Inspector?

• Provide advice on brokerage management, financing, taxes, zoning, and RE law

• Puts up the funds to subdivide/develop land; realizes return when the properties sell

• Visually inspects the property's structure, system and site condition; provides report to buyer.

• Estimates property value based on established valuation guidelines.

A Real Estate Developer __________ ____________ __ ____.

What does a Real Estate Appraiser do?

Answer explanation

Real Estate Appraisers estimate property value based on established valuation guidelines.

What do Real Estate Investors do and when do they make a profit?

Answer explanation

Real Estate Investors put up the funds to sbdivide/develop land; Real Estate Investors get a return when the properties sell.

What do Real Estate Traditional Lenders do?

Answer explanation

Traditional Real Estate Lenders make some development/construction loans; due to higher risk they offer less favorable terms

What are the requirements and duties of a Real Estate Attorney?

Answer explanation

The duties of a Real Estate Attorney are to legally broker deals and answer questions for real estate licensees. The requirements for Real Estate Attorney is a law degree and Real Estate experience.

What are the duties of a Real Estate Counselor?

Answer explanation

The duties of a Real Estate Counselor are to provide knowledge in all aspects of Real Estate such as brokerage management, financing, taxes, zoning, and the law; for a fee

What are the duties of a Real Estate Educator?

Answer explanation

The duties of a Real Estate Educator are to educate on law, rules, and practice in the are of pre-licensing, post-licensing, education, and continuing education.