Real state as a carrer #1 Flashcards
Advertisement
Any form of communication by or on behalf of a license holder designed to attract the public to use real estate brokerage services
Blog
A personal, online diary or journal that reaches out to millions of people on the web
Business cycles
The ups and downs in economic activity, identified as two-phase and two turning points
Cold calling
Making unsolicited calls to people you do not know in order to get new business
Contraction
A slowdown in the pace of economic activity
FSBO
An abbreviation for “For Sale By Owner”
Demand
How much of a product is desired by buyers
Cycles
Periods, irregular up and down movements in economic activity that take place over a period of 2 or 6 years
Direct marketing
Making phone calls and emailing or mailing promotional materials directly to potential customers as opposed to through mass media
Ethics
a set of principles or values by which an individual guides his or her behavior and judges that of others
Expansion
An increase in the pace of economic activity