Preview Questions Real Estate Agent | Role Specific Skill

Question 1: How can a real estate agent demonstrate credibility during negotiations?

Which action should you take?

Choose only one option

Avoid making concessions

Provide market analysis and evidence

Offer an immediate discount

Use vague data

Question 2: What is the role of replacement cost analysis in the valuation of properties?

Which action should you take?

Choose only one option

Forecast future property taxes

Determine cost to replace an asset

Assess environmental impact

Estimate land value

Question 3: What is the purpose of a feasibility study in the context of property valuation?

Which action should you take?

Choose only one option

To estimate renovation costs

To identify comparable sales

To evaluate environmental impact

To assess whether a project is economically viable

Question 4: What is the key approach in building rapport during initial real estate negotiations with a seller who is difficult to read emotionally?

Which action should you take?

Choose only one option

Discussing market conditions in great detail

Listening intently and asking open-ended questions

Offering personal incentives and guarantees

Making small talk about unrelated subjects

Question 5: How does supply and demand affect property valuation in a specific market?

Which action should you take?

Choose only one option

Supply and demand have no impact on property valuation

High demand has no effect on property prices

An oversupply of properties typically reduces prices, while high demand increases them

An oversupply of properties increases prices

Question 6: How should a real estate agent maintain a long-term relationship with a client after a successful sale to ensure future referrals?

Which action should you take?

Choose only one option

Invite clients to exclusive events or property viewings

Constantly reach out for feedback to improve services

Send personalized thank-you notes and gift cards on significant dates

Offer regular property market updates and potential investment opportunities