real estate quizmaster by norm miller and richard green
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“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Real Estate QUIZMASTERBy Norm Miller and Richard Green
100 100 100 100 100
200 200 200 200 200
300 300 300 300 300
400 400 400 400 400
500 500 500 500 500
Definitions Analytical Miscellaneous Disciplines Key Drivers
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Real Estate QUIZMASTER
100 100 100 100 100
200 200 200 200 200
300 300 300 300 300
400 400 400 400 400
500 500 500 500 500
Definitions Analytical Miscellaneous Disciplines Key Drivers
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 100
The market in which a property competes
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 200
Societal forces pulling us towards a center
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 300
Estimation of the value of a property after systematic analysis
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 400
The spread of demand over space
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Definitions for 500
The effect that export sector employment change has on total employment and population
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Analytical for 100
Think _______ and act locally
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Analytical for 200
The demand curve is ______ sloping
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
The economic implication of durability is an inelastic supply curve in the ______ run
Analytical for 300
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Real Rent Increase = Nominal Rent Increase - ________
Analytical for 400
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Analytical for 500
Combining the short and long run supply curves causes this change in the shape of the curve
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
The two extreme personality attributes are Pure People Type and ________
Miscellaneous for 100
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Miscellaneous for 200
R E I T
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
The long gestation period needed to plan and develop new supply and respond to changes in demand causes Real Estate markets to be ___________ in nature
Miscellaneous for 300
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Miscellaneous for 400
The most entrepreneurial of all real estate career paths is considered to be __________
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
C M B S
Miscellaneous for 500
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Disciplines for 100
Appraisers can be certified at two levels: General and _______
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Disciplines for 200
Most real estate properties will trade over a range of ______ prices at any given point in time as opposed to the point estimate observed in perfectly competitive markets
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
DAILY DOUBLE
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Disciplines for 300
Two of the primary lenders for residential single family are ______ and ________
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Disciplines for 400
Enhancing tenant retention and maximizing the net revenues of the property falls under the discipline of ___________
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Disciplines for 500
________ lending is the most involved end of the financing spectrum
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Key Drivers for 100
Parking availability and the lack of Class A Space are supply side drivers of _______ properties
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Key Drivers for 200
Government moratoriums on building demolition is a supply driver for ________
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Key Drivers for 300
Transportation and distribution system quality and growth, and manufacturing employment growth are all demand drivers for ________ properties
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Key Drivers for 400
Regional household wealth, population growth rates, lifestyle trends, and employment/ income growth rates are demand drivers for ________ properties
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner
Key Drivers for 500
Airports, convention centers, and mixed use developments are key supply side drivers for ________ properties
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