David Saks

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Education & Training - (retired) - TN LIC# 290452
David Saks is a musician, retired real estate broker, and long-time ActiveRain member. David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet. Please join. Membership in ActiveRain will enrich your life !

ARCHIVED BLOG POSTS

2009 

                                                        In general, when the supply of a certain commodity increases, what tends to evolve as a natural result of this phenomenon ? A. Prices tend to drop. Increase in supply can be the result of less demand or over-production, as well as other fact...
01/19/2009
                                                            Some licensees, after dedicating years of service to marketing properties, might decide to retire but not get out of real estate all together. They may decide to help clients make decisions about investing in or purchasing property. What...
01/19/2009
                                                            An estmate of a property's market value conducted in a manner based on methods that have been established and undertaken by trained professionals applying professional judgement about market value is performed by whom ? Take your time. T...
01/19/2009
                                                         What are the two characteristics that we consider to have the most impact when we consider the market value of the land ? Please take your time. The answers are posted below the wildlife photo. A. Uniqueness and immobility. What we're consi...
01/18/2009
                                                                       When we consider the words broker and REALTOR® are they alike or unrelated ? Take your time. The answer is posted below the photo. A. The terms are unrelated . A broker is a real estate licensee and a REALTOR® is a member of ...
01/18/2009
                                                     A farm earns $36,000 net after allowing for all expenses. The buyer wants a 6% return on the investment. What would the buyer pay for the farm to net a 6% return on the investment? A. $600,000 36000 net/0.06 or 6% return on the investment=600,0...
01/18/2009
                                                          A salesman's half of a 5% commission for the sale of a 320 acre ranch at a cost of $1750 an acre would equal how much at settlement ? A. $14,000 320 acrestimes1750 an acre=560000 total cost for the ranchtimes0.05 or 5% commission rate=2800...
01/18/2009
                                                          What is the cost of a lot 264 feet wide by 660 feet deep at a cost of 80000 dolars an acre ? Please take your time. The solution is posted below the wildlife photo. A. $320,000 264 feettimes660 feet=174240 square feetdivided by43560 square...
01/10/2009
                                                            If an apartment house cost $420,000, and it has a net income of $2800 per month, what percent would the apartment house return on the investment? Take your time. The solution is posted below the wildlife photo. A. 8% 2800 a monthtimes12m...
01/10/2009
                                                           A forty acre orchard sold for $22,000 an acre.The profit the seller made over the cost of the property was 10%.How much did the seller pay for the orchard ? Take your time. The solution is posted below the wildlife photo. A. $880,000 Mult...
01/10/2009
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David Saks

May God Bless You, Always. David
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