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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