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Real Estate
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Real estate business
What did the Organisation for Economic Co-operation and Development (OECD) do to identify and possibly reduce transaction costs in real estate transactions?
Commissioned a study on the determinants of housing prices
Addressed the issue of transaction costs through a study commissioned by the European Commission
Investigated methods to describe selected transactions in a formal way
Performed descriptions using a Basic Use Case template
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Why?
Real estate business
What is a real estate transaction?
The process of buying a house
The process of selling a house
The process of transferring rights in a unit of property
The process of renting a house
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Why?
Real estate business
What is the common term used for an intermediary who provides real estate owners with dedicated sales and marketing support in North America?
Real estate representative
Estate agent
Real estate broker
Real estate agent
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Why?
Dubai Properties
Which of the following is a project handled by Dubai Properties?
Jaddaf Waterfront
Dubai Creek Harbour
The Palm Jumeirah
Dubai Marina
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Why?
Dubai Properties
Which of the following is NOT a project handled by Dubai Properties?
Jumeirah Beach Residence
Dubai Creek Harbour
Business Bay
Villanova
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Why?
Dubai Properties
Which company is responsible for the development of large scale residential and commercial property developments within the Emirate of Dubai?
Emaar Properties
Dubai Properties
Nakheel Properties
Damac Properties
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Why?
Short-term rental
What is a common form of access to short-term rentals?
Newspaper ads
Real estate agents
Online platforms
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Why?
Short-term rental
What is the most affordable option for month-long stays?
Hotels
Long-term rentals
Hostels
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Why?
Short-term rental
What are short-term rentals?
Hotels
Long-term rentals
Furnished apartments for sale
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Why?
Real estate agent
What is a transaction broker in real estate?
An agent who only represents buyers
An agent who only represents sellers
An agent who represents both the buyer and the seller
An agent who provides a limited form of representation to both the buyer and the seller
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