Business, 28.02.2020 19:08 janeou17xn

Although the function of commercial brokerage is the same as that of residential brokerage, the activities of commercial brokers usually differ considerably from those of residential brokers due to fundamental differences in these two markets. All of the following statements regarding commercial brokerage are true EXCEPT:.a. An important part of the commercial broker's service is to provide the prospective buyer with reports that enable him to complete due diligence for the propertyb. Relative to residential transactions, commercial transactions tend to be largerc. Commercial brokers are often required to lower their commission in order to negotiate compromises between buyers and sellers when they reach an impasse over price. d. The parties in commercial mortgage transactions are typically less knowledgeable than those in residential transactions

Answers: 1

Show answers

Answers

Answer from: hey840

The parties in commercial mortgage transactions are typically less knowledgeable than those in residential transactions.

Explanation:

Commercial brokerage is a real estate professional that is assists clients lease, buy, or sell properties for business purposes. Residential brokerage on the other hand involves acquiring residential property for clients.

The parties in commercial brokerage are more knowledgeable in mortgage laws and other technicalities than those involved in the residential brokerage. This is as a result of high competition for best options among commercial clients, so parties involved take the time to know the intricacies of real estate purchases made.

Answer from: leo4687

D. The parties in commercial mortgage transactions are typically less knowledgeable than those in residential transactions

Explanation:

Commercial brokers are those that deals primarily with sales of businesses, office buildings, apartments and industrial buildings.

Residential brokers are usually more concerned with single-family homes. They help in connecting sellers of homes and condos to buyers as that's their area of specialty.

When it comes to mortgage transactions, the commercial brokers are not less knowledgeable than residential brokers. They are both very knowledgeable in their area of specialty.

Answer from: Quest

The answer should be b.

Answer from: Quest

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Other questions on the subject: Business

Business, 21.06.2019 16:10, springlcp2nk7h

(4 points) suppose the production function in the solow model is given by yt = ak¯ 3/4 t l 1/4 t . (a) what are the five equations and five unknowns that summarize the solow model? (b) show the transition dynamics in the solow model if ¯sy0 < ¯dk0. make sure you label the axes, curves, initial level of capital and steady-state level of capital. (c) solve for capital, output, capital per person, and output per person in the steady state. (d) if a¯ = 2, l¯ = 4, ¯s = 0.2, and ¯d = 0.05, calculate the steady-state level of capital and output per person.

Answers: 3

continue

Business, 21.06.2019 18:20, jordan495413

Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t

Answers: 1

continue

Business, 21.06.2019 21:00, luischavolla10

Case in point 1.2 suppose you work in the it department of global hotels, a multinational hotel chain. global hotels runs several specialized business support systems, including a guest reservations system that was developed in-house to meet the requirements of a large company with worldwide operations. guests can make one-stop online reservations by visiting global's website, which has links to all major travel industry sites. global hotels just acquired momma's, a regional chain of 20 motels in western canada. momma's uses a vertical reservations package suitable for small- to medium-sized businesses and a generic accounting and finance package. should momma's use global hotels' information systems or continue with its own? in your answer, consider issues such as business profiles, business processes, system interactivity, edi, ecommerce, and the characteristics of both information systems. what additional information would be to you in making a recommendation?

Answers: 1

continue

Business, 22.06.2019 01:40, lb4628830

Select the word from the list that best fits the definition sometimes

Answers: 2

continue

You know the right answer?

Although the function of commercial brokerage is the same as that of residential brokerage, the acti...