Real Estate Big Brain Tests

Enjoy these Real Estate Big Brain quizzes we've created for you, helping to test the Real Estate knowledge you have.

Question 1

You should only look at one or two homes and then decide on one of them.

True
False
Technically this is false because it is better to look at more homes because you will have a much larger basis of comparison. However, sometimes people do find the perfect house in the first two homes they view.

Question 2

It is a good idea to talk about what changes you would do to a home while the owners are there.

Y
N
If you talk about changes that you might make in the decor if you were to buy the home in front of the current owner this could cause some hurt feelings or problems. Remember this is the person that is supposed to fix any potential problems this house has before escrow is over.

Question 3

How many days does escrow typically take?

2 days
20 days
30 days
60 days
Typically escrow takes 30 days. There are acceptions to this rule as with anything. Sometimes they are shorter or longer.

Question 4

It is generally a good idea to find out how much money you can spend before you begin looking at homes.

Y
N
Pre-qualifying with a bank for a loan is a good idea when looking for a new home because then you know what you can afford.

Question 5

Which of the following is not a good idea?

Asking about any potential problems that may need to be fixed.
Asking about recent repairs, replacements, and recent services.
Leaving your shoes on, and tracking in dirt on nice clean floors.
Unless your realtor tells you otherwise, expect to take off your shoes when you walk into the house. It shows respect to the current owners and the home.

Question 6

Which of these homes would you consider buying?

This home is very neat and tidy on the outside with a well trimmed lawn. The inside is clean and everything seems to have a place.
This home is clean for the most part, but there is a little clutter here and there throughout the home. The house has a very pleasant atmosphere for the most part.
There really is no right or wrong answer here but most people would pick the first one because its very clean and neat.

Question 7

Writing notes about each house you view is a good idea because you may see 10 or more homes and not remember which one is which.

Y
N
The more notes you write while viewing a home the better you will remember it when it comes time to narrow down your choices.

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Carma Spence-Pothitt