Real state as a carrer #3 Flashcards

1
Q

Newbie

A

An inexperienced newcomer to an industry

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2
Q

peak

A

The upper turning point of a business cycle

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3
Q

personal selling

A

Any form of direct communication (usually face to face) between an associate licensee and the customer

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4
Q

podcasting

A

a free service that allows internet users to pull audio falls from a podcasting web site to listen to on their own devices

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5
Q

prospecting

A

The process of developing business by identifying potential customers

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6
Q

Prospecting strategy

A

the activities used - direct marketing, personal selling, and networking - to contact prospective and clients and customers

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7
Q

Real state board ( association)

A

The makeup of members who share an interest In the business of the real state

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8
Q

Referral

A

A recommendation

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9
Q

Residential brokerage

A

the business of helping homeowners sell and homebuyers purchase homes

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10
Q

Residential market

A

Single-family homes, condominiums, and duplexes

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