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8 Cards in this Set
- Front
- Back
Associate licensee |
A licensed real estate sales person who is employed by or associated with the broker to perform brokerage activities on behalf of or for the broker |
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Broker |
One who acts as an intermediary on behalf of others for a fee or commission |
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Code of Ethics |
A written system of standards for ethical conduct |
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Market |
A place where goods can be bought and sold and a price established |
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Real estate licensee |
In real estate practice a person who has the skills and knowledge to being licensed as a real estate broker or salesperson |
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Sales Associate |
A person who performs real estate activities while employed by a licensed real estate broker |
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Salesperson |
Person who performs real estate activities while employed by a licensed real estate broker (same as Sales Associate) |
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Supply and demand |
Appraisal principle that follows the inter-relationship Supply and on demand for a little bit. Because the crazy is based on economic concepts this principle recognizer that real property is subject to the employee of the marketplace as with any other commodity |