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Fresh Grad Lands Job as Real Estate Agent With Help from Professional Writers

People go to websites to get the information they desperately need.  They could be looking for an answer to a nagging question.  They might be looking for help in completing an important task.  For recent graduates, they might be looking for ways on how to prepare a comprehensive resume that can capture the attention of the hiring manager

Manush is a recent graduate from a prestigious university in California who is looking for a job opportunity as a real estate agent.  While he already has samples provided by his friends, he still feels something lacking in his resume.  Specifically, the he believes that his professional objective statement lacks focus and clarity. 

Thus, he sought our assistance in improving editing and proofreading his resume. 

In revising his resume, iwritegigs highlighted his soft skills such as his communication skills, ability to negotiate, patience and tactfulness.  In the professional experience part, our team added some skills that are aligned with the position he is applying for.

When he was chosen for the real estate agent position, he sent us this thank you note:

“Kudos to the team for a job well done.  I am sincerely appreciative of the time and effort you gave on my resume.  You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume!  Cheers!

Manush’s story shows the importance of using powerful keywords to his resume in landing the job he wanted.

Property Valuation and Financial Analysis

Navigation   » List of Schools  »  The CE Shop  »  Sales License  »  CA SALESPERSON EXAM PREP EDGE  »  Summer 2021  »  Property Valuation and Financial Analysis

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Below are the questions for the exam with the choices of answers:

Question #1
The GRM for Sunny Hills is 147. If a three-bedroom, one-bath house in Sunny Hills rents for $820 monthly and sold for $125,000, what is the suggested value of a house that leases for $1,000 monthly based on the GRM?
A  $120,540
B  $152,439
C  $147,000
D  $198,540
Question #2
In which phase of the real estate market would you expect to see properties selling for more than they’re worth, many buyers in the market, and lots of new construction?
A  Expansion
B  Over supply
C  Recovery
D  Recession
Question #3
What’s the first step an appraiser will perform when conducting an appraisal?
A  State the problem.
B  Estimate the value of the land.
C  Identify the data that’s needed.
D  Gather and analyze data.
Question #4
To make valid computations of adjustments for the sales comparison approach to value, elements of comparison must be applied in a specific order. Which element is applied first?
A  Conditions of sale
B  Market conditions
C  Financing terms and cash equivalency
D  Physical characteristics
Question #5
Which of the following items directly influences real estate supply?
A  Construction
B  Interest rates
C  Loan availability
D  Employment wages
Question #6
Tyrell and Barb bought a commercial investment property in 2009 during the real estate market downturn. Through what year will they be able to depreciate the investment?
A  2029
B  2039
C  2019
D  2048
Question #7
Which one of the following is a description of economic depreciation?
A  The asset is worth less because the economy took a downturn.
B  The asset is worth more because of capital improvements.
C  The owner/investor is making less income from the property than previously.
D  Investors can take a business deduction for annual depreciation.
Question #8
What is the definition of “before-tax cash flow”?
A  Cash flow before property taxes are considered.
B  Cash flow before taking income taxes into account.
C  Cash flow taking income taxes into account.
D  Cash flow after property taxes are considered.
Question #9
To make valid computations of adjustments for the sales comparison approach to value, elements of comparison must be applied in a specific order. Which one of these elements listed has the highest priority?
A  Conditions of sale
B  Physical characteristics
C  Market conditions
D  Location
Question #10
If a property’s income value is $200,000 and it’s earning a net operating income of $40,000, what is the cap rate?
A  20%
B  25%
C  5%
D  40%
Question #11
Which of the following is the cost of replacing a building in the case of total loss?
A  Investment value
B  Mortgage value
C  Insured value
D  Value in use
Question #12
Which category of appraiser must be supervised by a certified appraiser and can assist on any appraisals their supervisor can perform?
A  Trainee license
B  Residential license
C  Certified general appraiser
D  Certified residential appraiser
Question #13
Which one of these would NOT be an element of comparison an appraiser would use when applying the sales comparison approach to a property valuation?
A  Market conditions at time of sale
B  Income generated
C  Physical characteristics of the property
D  Financing terms and cash equivalency
Question #14
The smallest property on the block is priced lower than any others, but the higher-priced properties that surround it help to drive the property’s market value up. What economic principle is at work here?
A  Progression
B  Anticipation
C  Regression
D  Contribution
Question #15
The Richards family farm is located on a 10-acre parcel of land, which is very rare to come by in their area. However, the house is rundown and in need of many repairs. Most buyers in the area are looking for a move-in ready home, which means they would need to either look elsewhere or wait several months for the home to be renovated. Which factor is most negatively impacting the value of the Richards’ property?
A  Scarcity
B  Utility
C  Transferability
D  Demand
Question #16
What does the Financial Institutions Reform, Recovery, and Enforcement Act require?
A  Non-federally related transactions must be appraised by government employees.
B  Federally related transactions need not be appraised.
C  Real estate licensees who perform appraisals must have a federal security clearance.
D  Federally related appraisals must be conducted by an appraiser who’s either licensed or certified by the state.
Question #17
Which of the following best describes a buyer’s market?
A  Supply and demand are equal
B  Supply is greater than demand
C  Loans are widely available
D  Demand is greater than supply
Question #18
Which of these choices defines “potential gross income”?
A  After-tax income
B  Before-tax income
C  Income that a property could bring if fully leased
D  Income received after expenses are deducted
Question #19
When you’re using the sales comparison approach to value a property, which of the following is considered a category of adjustment?
A  Types of obsolescence
B  Seller motivation
C  Financing terms and cash equivalency
D  Area demographics
Question #20
Which of the following is the price a lender believes the property will bring at a foreclosure sale?
A  Investment value
B  Value in use
C  Insured value
D  Mortgage value
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Manush
Fresh Graduate
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