Preview Questions Sales Executive (Real Estate) | Role Specific Skill

Question 1: When valuing commercial properties, why is net operating income (NOI) crucial?

Which action should you take?

Choose only one option

It determines property tax

It represents gross revenue

It reflects profitability

It is not used in valuation

Question 2: What is the most crucial factor when preparing a property listing for sale?

Which action should you take?

Choose only one option

Offering the lowest possible price

The property's age

Highlighting the property's unique selling points (USPs)

Using generic, stock photos

Question 3: What does a declining housing affordability index suggest about a real estate market?

Which action should you take?

Choose only one option

More buyers are entering the market

Properties are becoming more expensive

Construction costs are decreasing

Interest rates are dropping

Question 4: How does zoning policy influence market trends in specific neighborhoods or regions?

Which action should you take?

Choose only one option

It is only relevant for commercial properties, not residential areas

It impacts consumer interest in properties based on building heights

It has no significant effect on the real estate market

It restricts the type of properties that can be built, influencing supply and demand

Question 5: What is the significance of location in determining property value?

Which action should you take?

Choose only one option

Location has no impact on pricing

Location is secondary to property size

Location only affects commercial properties

Location determines accessibility and desirability

Question 6: How can a sales executive effectively resolve a conflict with a dissatisfied client?

Which action should you take?

Choose only one option

By blaming external factors and deflecting responsibility

By avoiding the issue and hoping it resolves itself

By offering immediate compensation without understanding the issue

By acknowledging their concerns, finding a solution, and maintaining professionalism