Real state as a carrer #1 Flashcards

1
Q

Advertisement

A

Any form of communication by or on behalf of a license holder designed to attract the public to use real estate brokerage services

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2
Q

Blog

A

A personal, online diary or journal that reaches out to millions of people on the web

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3
Q

Business cycles

A

The ups and downs in economic activity, identified as two-phase and two turning points

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4
Q

Cold calling

A

Making unsolicited calls to people you do not know in order to get new business

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5
Q

Contraction

A

A slowdown in the pace of economic activity

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6
Q

FSBO

A

An abbreviation for “For Sale By Owner”

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7
Q

Demand

A

How much of a product is desired by buyers

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8
Q

Cycles

A

Periods, irregular up and down movements in economic activity that take place over a period of 2 or 6 years

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9
Q

Direct marketing

A

Making phone calls and emailing or mailing promotional materials directly to potential customers as opposed to through mass media

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10
Q

Ethics

A

a set of principles or values by which an individual guides his or her behavior and judges that of others

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11
Q

Expansion

A

An increase in the pace of economic activity

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