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Real Estate QUIZMASTER By Norm Miller and Richard Green

Real Estate QUIZMASTER By Norm Miller and Richard Green. Definitions. Analytical. Miscellaneous. Disciplines. Key Drivers. 100. 100. 100. 100. 100. 200. 200. 200. 200. 200. 300. 300. 300. 300. 300. 400. 400. 400. 400. 400. 500. 500. 500. 500. 500.

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Real Estate QUIZMASTER By Norm Miller and Richard Green

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  1. Real Estate QUIZMASTER By Norm Miller and Richard Green Definitions Analytical Miscellaneous Disciplines Key Drivers 100 100 100 100 100 200 200 200 200 200 300 300 300 300 300 400 400 400 400 400 500 500 500 500 500

  2. Real Estate QUIZMASTER Definitions Analytical Miscellaneous Disciplines Key Drivers 100 100 100 100 100 200 200 200 200 200 300 300 300 300 300 400 400 400 400 400 500 500 500 500 500

  3. Definitions for 100 • The market in which a property competes

  4. Definitions for 200 • Societal forces pulling us towards a center

  5. Definitions for 300 • Estimation of the value of a property after systematic analysis

  6. Definitions for 400 • The spread of demand over space

  7. Definitions for 500 • The effect that export sector employment change has on total employment and population

  8. Analytical for 100 • Think _______ and act locally

  9. Analytical for 200 • The demand curve is ______ sloping

  10. Analytical for 300 • The economic implication of durability is an inelastic supply curve in the ______ run

  11. Analytical for 400 • Real Rent Increase = Nominal Rent Increase - ________

  12. Analytical for 500 Combining the short and long run supply curves causes this change in the shape of the curve

  13. Miscellaneous for 100 • The two extreme personality attributes are Pure People Type and ________

  14. Miscellaneous for 200 • R E I T

  15. Miscellaneous for 300 • The long gestation period needed to plan and develop new supply and respond to changes in demand causes Real Estate markets to be ___________ in nature

  16. Miscellaneous for 400 • The most entrepreneurial of all real estate career paths is considered to be __________

  17. Miscellaneous for 500 • C M B S

  18. Disciplines for 100 Appraisers can be certified at two levels: General and _______

  19. Disciplines for 200 Most real estate properties will trade over a range of ______ prices at any given point in time as opposed to the point estimate observed in perfectly competitive markets

  20. DAILY DOUBLE

  21. Disciplines for 300 • Two of the primary lenders for residential single family are ______ and ________

  22. Disciplines for 400 • Enhancing tenant retention and maximizing the net revenues of the property falls under the discipline of ___________

  23. ________ lending is the most involved end of the financing spectrum Disciplines for 500

  24. Key Drivers for 100 • Parking availability and the lack of Class A Space are supply side drivers of _______ properties

  25. Key Drivers for 200 Government moratoriums on building demolition is a supply driver for ________

  26. Key Drivers for 300 • Transportation and distribution system quality and growth, and manufacturing employment growth are all demand drivers for ________ properties

  27. Key Drivers for 400 • Regional household wealth, population growth rates, lifestyle trends, and employment/ income growth rates are demand drivers for ________ properties

  28. Key Drivers for 500 • Airports, convention centers, and mixed use developments are key supply side drivers for ________ properties

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