Which of the following is not the task of market makers?
a. provide liquidity
b. offer to buy and sell
c. provide price transparency
d. work as a sole specialist
e. none of the above
d
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For single-family properties only, a gross rent multiplier would be computed as:
a. capitalization rate times gross monthly rent. b. sales price divided by capitalization rate. c. gross monthly rent plus sales price. d. sales price divided by gross monthly rent.
Which of the following is NOT true of a drop-off survey?
A) The respondent is told the questionnaire is self-explanatory. B) The questionnaire will be left and filled out at the respondent's leisure. C) The representative might return to pick up the questionnaire. D) The respondent may be instructed to complete and return it by prepaid mail. E) Normally, the representative will return the following week to pick up the completed questionnaire.