Property Types/Discuss Flashcards
1
Q
What are the 3 property types
A
Residential, Commercial, Investment Property
2
Q
What are the property classifications
A
Residential, residential income, Office, Retail, Industrial, Farm and ranch, Special purpose building (recreational, government, churches, etc), Land
3
Q
What do professional organizations promote
A
The interests of practitioners and enhance their professional standing
4
Q
What is NAR and what are the members known as
A
National Association of REALTORS. Known as REALTORS
5
Q
What are salespersons not associated with NAR known as
A
Real estate licensees or agents
6
Q
What are the members of the National Association of Real Estate Brokers known as
A
Realtists
