GOBC Real Estate Class Notes: Technology in Mobile Offices
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Questions and Answers

Which software is specifically designed to electronically generate the most common forms and contracts used in real estate transactions?

  • Forms Software (correct)
  • Personal Information Management (PIM)
  • MLS®
  • Budget Tracking & Accounting

    • Which tool provides several layers of data and information beyond what a traditional map can offer?

  • Video conferencing software
  • Customer Relationship Management (CRM)
  • MLS®
  • GIS Mapping (correct)

    • Which software is used for budget tracking and accounting in real estate transactions?

  • QuickBooks
  • Wave
  • Zoho Books
  • All of the above (correct)

    • Which software cannot be used to edit photos for marketing purposes in real estate?

    <p>Changing physical characteristics of a property (D)</p> Signup and view all the answers

    Which software is used to manage and organize client contacts in real estate transactions?

    <p>Customer Relationship Management (CRM) (C)</p> Signup and view all the answers

    Which video conferencing software offers unique IDs and passwords to protect clients’ privacy?

    <p>Zoom (B)</p> Signup and view all the answers

    What is one challenge of a mobile office environment in real estate?

    <p>Frustrations with lack of communication (B)</p> Signup and view all the answers

    What is the primary function of the Multiple Listing Service (MLS)?

    <p>Providing a current inventory of real estate listings (B)</p> Signup and view all the answers

    What is a benefit of using a mobile office environment for real estate agents?

    <p>Providing a better service to clients (D)</p> Signup and view all the answers

    What is one feature of MLS software?

    <p>Direct messaging (A)</p> Signup and view all the answers

    How does a mobile office environment affect the sense of community within a brokerage?

    <p>It weakens the sense of community (A)</p> Signup and view all the answers

    What is Hot Desking?

    <p>Assigning desks to workers as needed (B)</p> Signup and view all the answers

    What is one of the unique benefits of using chatbots in real estate?

    <p>They can operate 24/7 without any human intervention. (A)</p> Signup and view all the answers

    What type of license is required to fly a drone weighing over 25 kilograms?

    <p>A Special Flights Operations Certificate (C)</p> Signup and view all the answers

    What is a common feature of modern DSLR cameras?

    <p>They have automatic settings that can be easily used by amateurs. (B)</p> Signup and view all the answers

    How can a 360° camera benefit real estate listings?

    <p>By providing a clearer look at a property’s layout. (B)</p> Signup and view all the answers

    Why is it important for virtual tour software to protect clients’ privacy?

    <p>Because it can verify property valuations. (D)</p> Signup and view all the answers

    What is one of the main benefits of having a real estate website?

    <p>It can share market information to promote clients’ listings. (C)</p> Signup and view all the answers

    Which of the following is a benefit of the mobile office environment?

    <p>Reduces inefficiencies related to commuting (A)</p> Signup and view all the answers

    What does the MLS® primarily provide?

    <p>Current real estate listings and sales history in an area (B)</p> Signup and view all the answers

    In advertising, what photo editing action is generally acceptable?

    <p>Removing power lines (D)</p> Signup and view all the answers

    Which situation represents a technological compatibility issue?

    <p>Client viewing website on laptop not smartphone (A)</p> Signup and view all the answers

    What is true regarding the use of drones (or unmanned aerial vehicles)?

    <p>They have restrictions but can be used for real estate purposes (D)</p> Signup and view all the answers

    What is NOT an example of a technological compatibility issue?

    <p>Seller filling form from mobile phone that works on desktop (C)</p> Signup and view all the answers

    What is the primary purpose of an encrypted code in electronic communication?

    <p>To authenticate the sender and ensure the integrity of the data (A)</p> Signup and view all the answers

    Which of the following is NOT protected by cryptography?

    <p>Manual 'wet' signatures (A)</p> Signup and view all the answers

    What is the main limitation of email communications in terms of legal validity?

    <p>They are not sufficient to replace a 'wet' signature or an electronic signature (B)</p> Signup and view all the answers

    What does the Electronic Transactions Act state about electronic documents and signatures?

    <p>They will not be excluded merely because they are in electronic form (B)</p> Signup and view all the answers

    Which of the following can cryptography NOT protect?

    <p>Manual 'wet' signatures (C)</p> Signup and view all the answers

    What is the main function of a digital/e-signature?

    <p>To authenticate the sender and ensure the integrity of the data (B)</p> Signup and view all the answers

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