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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

I've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun... 


Q 

What is a "smart home"?

A  A "smart home" is equipped with structured home wiring packages that control the home's systems via networked technologies.

Q 

What oceanfront area is currently the most popular choice among people searching for second homes and vacation homes?

A  According to statistic published early in 2005, the Florida coast is the most sought-after vacation and retirement destination in the United States.

Q 

In what real estate market are more than 90 percent of home sales cash transactions?

A  Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.

Q 

What is the legal term used to describe the right of the U. S. government to condemn private land for public use?

A  Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property.

Q 

What are considered the ideal conditions for a seller's market?

A  In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS.

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Laura Treonze, REALTOR®, real estate agent and broker for Shelton, Monroe and Fairfield, Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

Laura Treonze
Keller Williams

132 Monroe Turnpike
Trumbull, CT 06611
Direct: (203) 513-9331
Fax: (203) 907-1010
lauratreonze@NUMBER1EXPERT.com

Laura is a realtor with a focus on pre-foreclosure and bank owned properties. As a real estate investor she is experienced in short sales, 1031 Exchanges, multi-family rentals, residential redevelopment and is a workshop instructor of The Millionaire Real Estate Investor by Gary Keller. Laura’s success in real estate has been featured in the book "Living The Law of Attraction".

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