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Construction Practice Exam With Answers (216 Solved Questions)

Construction Practice Exam With Answers simplifies exam preparation with solved exams that provide insights into common question formats.

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You’ve met Vladimir the appraiser. He likes to tell it like it is. Soon we'll learn more from Vladimir aboutthe appraisal process. Let’s start by reviewing purpose. What purpose do Vladimir and other appraisersserve?To cause a sale to fall throughTo make a real estate agent's life miserableTo sell a propertyTo determine a property's valueYes! An appraiser’s job is to determine a property’s worth or value. Let’s talk more about appraisersand how they differ from real estate professionals.There are some very important differences between an appraiser and a real estateprofessional. Based on the information Vladimir provided in your resource, select the properindividual for each characteristic.Usually hired by the buyer or sellerReal estate professionalAppraiserUsually hired by the lender or buyer, or sometimes the sellerReal estate professionalAppraiserDetermines what a buyer may pay for a propertyReal estate professional

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