Industry Acronyms Real Estate Math General Real Estate Real Estate Personalities Local Landmarks
100
What is Real Estate Investment Trust?
REIT
100
What is the cap rate?
The process of dividing the net operating income by the sales price.
100
What is a short sale?
When a property lien holder agrees to release a lien on a property for less is owed.
100
When it becomes apparent (Who is Josh White??
When does a joke become a "dad joke?"
100
What is the location of Monticello?
931 Thomas Jefferson Parkway
200
What is Freddie Mac or Federal Home Loan Mortgage Corporation?
FHLMC
200
What is principle, interest, taxes and insurance?
PITI
200
What is Lis Pendens?
Latin for suit pending
200
Who is Matt Neece?
A Monday Real Estate Rant...3 things some Realtors need to do better if you're submitting 10 offers and not winning
200
What is Lake Monticello?
What was developed in the 1960s as a summer home community?
300
What is the Real Estate Settlement Procedures Act?
RESPA
300
What is the number of members of the VA Real Estate Board?
9 Members
300
What is 1968?
The year Fair Housing Act was enacted.
300
Who is Barbara Corcoran?
She sold her NYC Real Estate firm for 66 million in 2001 to do TV.
300
What is Montpelier?
Home of Dolly and James beginning in 1797
400
What is Home Affordable Foreclosure Alternative?
HAFA
400
What is the amount of square feet in an acre?
43,560 feet
400
What are the fiduciary responsibilities of a real estate agent?
Loyalty, Obedience, Disclosure, Confidentiality, Reasonable Care, Diligence, and Accounting
400
Who is the president of NAR?
Charlie Oppler
400
What is Fashion Square Mall?
This property was auctioned for 20.2 million in July of this year
500
What is Home Affordable Refinance Program?
HARP
500
What is the gross rent multiplier?
Property price divided by gross annual rental income
500
What are the essential elements of a real estate contract?
Capable Parties, Mutual Consent, Legal Object, and Consideration
500
Who is the president of Keller Williams?
Marc King
500
What is the UVA Chapel?
This University of Virginia Landmark was completed in 1895 after 10 years of construction.






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