Lesson 1-1 Recap

Question 1

A healthy real estate market signals a healthy economy. Because of the complexities involved with the sale of real estate, brokerage has become a highly specialized service. Licensees must have

Answer 1

• Knowledge of property transfer
• Knowledge of market conditions
• Knowledge of how to market real estate

Question 2

Important Points to Remember

Answer 2

• The consumer determines what is produced

* Real estate licensees must have knowledge of property transfer, market conditions, and how to market real estate