Do I Know How To Sell My Property? Quiz 1

1. Prior to listing your property for sale on the market, which of these items should you do first?

Make cosmetic improvements (paint, landscaping, remove cutter) Have an appraiser determine the value See if your neighbor wants to buy your home and work out a deal. Hire a Realtor to do see what your home will sell for on the market today

2. When a buyer is viewing your home you should...

Volunteer information about the house and the repairs you have done over the years Follow the buyer and agent around the home so that you can steer them away from defects Avoid disrupting the agent and buyer and make yourself available if you need too All of the above

3. What turns off buyers most?

Unpleasant smells Rooms filled with a much furniture as possible Clutter All of the above

4. What is a "bridge loan"?

A government loan to help bridge the gap between renting and home ownership It allows to to cross any bridge in the U.S. A temporary secured loan on your 1st property to purchase a 2nd property, that is paid back when the 1st property is sold A loan the bridges (combines) two loans into one

5. If I sell my house on my own I will...

make a bigger profit because I do not have to pay a commission be able to expose the house to more agents I have more control Limit my property exposure by not using the MLS (multiple Listing Service), which exposes my home to more agents who market your home to more buyers

6. What adds more value to your home?

Finished basement and attic Large closets and storage New or Newly Renovated kitchens and bathrooms Illegal driveway and garage

7. How do you choose an agent?

Provides a home market analysis and pre-selling improvement knowledge of the current market, values, properties in your area Someone that utilizes modern technology (e.g. internet, PDA's etc) and traditional methods (print advertisement, word of mouth etc) All of the above

8. I must list my house at a very high price to get the market value of my home?

True False

9. A good real estate agent is judged based on years of experience?

Yes, because agent working for a long time must know what he/she is doing Yes, because he/she would have quit the industry No, because years doesn't equal knowledge, ability or eagerness to sell your home None of the above

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  <h1 style="color: #376e93;">Do I Know How To Sell My Property? Quiz 1 </h1>
         
    <br />        
      <div style="padding: 5px 0;">1.
      <strong>Prior to listing your property for sale on the market, which of these items should you do first?</strong>  
    </div>
                <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3457]" value="A" /> Make cosmetic improvements (paint, landscaping, remove cutter)</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3457]" value="B" /> Have an appraiser determine the value</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3457]" value="C" /> See if your neighbor wants to buy your home and work out a deal.</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3457]" value="D" /> Hire a Realtor to do see what your home will sell for on the market today</label>
      <br />        
      <div style="padding: 5px 0;">2.
      <strong>When a buyer is viewing your home you should...</strong>  
    </div>
                <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3458]" value="A" /> Volunteer information about the house and the repairs you have done over the years</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3458]" value="B" /> Follow the buyer and agent around the home so that you can steer them away from defects</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3458]" value="C" /> Avoid disrupting the agent and buyer and make yourself available if you need too</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3458]" value="D" /> All of the above</label>
      <br />        
      <div style="padding: 5px 0;">3.
      <strong>What turns off buyers most?</strong>  
    </div>
                <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3459]" value="A" /> Unpleasant smells</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3459]" value="B" /> Rooms filled with a much furniture as possible</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3459]" value="C" /> Clutter</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3459]" value="D" /> All of the above</label>
      <br />        
      <div style="padding: 5px 0;">4.
      <strong>What is a &quot;bridge loan&quot;?</strong>  
    </div>
                <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3460]" value="A" /> A government loan to help bridge the gap between renting and home ownership</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3460]" value="B" /> It allows to to cross any bridge in the U.S.</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3460]" value="C" /> A temporary secured loan on your 1st property to purchase a 2nd property, that is paid back when the 1st property is sold</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3460]" value="D" /> A loan the bridges (combines) two loans into one</label>
      <br />        
      <div style="padding: 5px 0;">5.
      <strong>If I sell my house on my own I will...</strong>  
    </div>
                <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3461]" value="A" /> make a bigger profit because I do not have to pay a commission</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3461]" value="B" /> be able to expose the house to more agents</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3461]" value="C" /> I have more control</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3461]" value="D" /> Limit my property exposure by not using the MLS (multiple Listing Service), which exposes my home to more agents who market your home to more buyers</label>
      <br />        
      <div style="padding: 5px 0;">6.
      <strong>What adds more value to your home?</strong>  
    </div>
                <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3462]" value="A" /> Finished basement and attic</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3462]" value="B" /> Large closets and storage</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3462]" value="C" /> New or Newly Renovated kitchens and bathrooms</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3462]" value="D" /> Illegal driveway and garage</label>
      <br />        
      <div style="padding: 5px 0;">7.
      <strong>How do you choose an agent?</strong>  
    </div>
                <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3463]" value="A" /> Provides a home market analysis and pre-selling improvement</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3463]" value="B" /> knowledge of the current market, values, properties in your area</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3463]" value="C" /> Someone that utilizes modern technology (e.g. internet, PDA&#039;s etc) and traditional methods (print advertisement, word of mouth etc)</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3463]" value="D" /> All of the above</label>
      <br />        
      <div style="padding: 5px 0;">8.
      <strong>I must list my house at a very high price to get the market value of my home?</strong>  
    </div>
                <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3464]" value="A" /> True</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3464]" value="B" /> False</label>
      <br />        
      <div style="padding: 5px 0;">9.
      <strong>A good real estate agent is judged based on years of experience?</strong>  
    </div>
                <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3465]" value="A" /> Yes, because agent working for a long time must know what he/she is doing</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3465]" value="B" /> Yes, because he/she would have quit the industry</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3465]" value="C" /> No, because years doesn&#039;t equal knowledge, ability or eagerness to sell your home</label>
                  <label style="display: block; margin: 3px 0;"><input type="radio" name="correctAnswer[3465]" value="D" /> None of the above</label>
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      <input type="text" name="userName" id="userName" value="" style="width: 300px;" />     
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      <label for="userEmail">E-mail address</label>
      <input type="text" name="userEmail" id="userEmail" value="" style="width: 300px;" />     
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