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Real Estate Licensing Virginia Real Estate Salesperson Exam - Topic 4 Question 1 Discussion

Actual exam question for Real Estate Licensing's Virginia Real Estate Salesperson exam
Question #: 1
Topic #: 4
[All Virginia Real Estate Salesperson Questions]

Clarence owns three rental homes he doesn't have time to oversee himself. He decides to hire George to take care of his rental units in the hopes of maximizing the return on his investment. What role is George filling?

Show Suggested Answer Hide Answer
Suggested Answer: D

A property manager is hired by an owner to manage rental property, maintain operations, and maximize return on investment.

Other options:

(A) Sponsoring broker -- oversees real estate salespersons, not rentals.

(B) Appraisal manager -- not a real estate role.

(C) Broker's agent -- represents broker in brokerage activities, not property management.


Code of Virginia 54.1-2100 (definition includes property management as brokerage services)

Virginia Real Estate Principles & Practices -- Property Management

Contribute your Thoughts:

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Amalia
9 hours ago
I think George is a property manager.
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Dominga
6 days ago
Not so sure about that. Could be a trick question!
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Ruthann
11 days ago
Yeah, D) is the right choice. He needs someone to handle the day-to-day stuff.
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Avery
16 days ago
Wait, is it really that simple? I thought there were more roles involved.
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Kenda
21 days ago
I thought it might be C) broker's agent, but property manager fits better.
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Janna
26 days ago
I’m a bit confused. I thought a broker's agent was more about selling, not managing properties. But I guess it could be possible?
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Joanne
1 month ago
I practiced a similar question where someone was managing properties, and it was definitely about property management. So I’m leaning towards D.
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Isreal
1 month ago
I'm not entirely sure, but I remember a question about different roles in real estate. A property manager sounds right, but could it be a broker's agent?
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Bernadine
1 month ago
D) property manager, no doubt. Clarence's rental homes need some TLC, and that's where George comes in.
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Julie
2 months ago
D) property manager. Gotta love those rental properties, am I right? George's got his work cut out for him.
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Nana
2 months ago
D) property manager, for sure. Clarence is handing over the reins to George, and that's the role of a property manager.
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Shanice
2 months ago
D) property manager, easy peasy. Clarence is looking to maximize his investment, and that's what a property manager does.
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Laila
2 months ago
I think George is acting as a property manager since he's overseeing the rental units for Clarence. That seems to fit best.
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Delsie
2 months ago
D) property manager is the correct answer. Clarence is hiring George to manage his rental properties, which is the definition of a property manager.
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Gabriele
3 months ago
Definitely D) property manager. Makes the most sense!
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Ethan
3 months ago
D) property manager, no doubt about it. Clarence is outsourcing the management of his properties, which is what a property manager does.
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Valentin
3 months ago
D) property manager is the way to go. Clarence is hiring George to oversee the rental units, which is the job of a property manager.
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Alba
3 months ago
I'd go with D) property manager. Seems like the most logical choice here.
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Bok
4 months ago
Definitely D) property manager. Clarence is outsourcing the management of his rental properties, which is exactly what a property manager does.
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Onita
4 months ago
D) property manager is the correct answer. George is taking care of Clarence's rental units, which is the role of a property manager.
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Delmy
4 months ago
Hmm, I'm a little confused. Is George considered a sponsoring broker since he's managing the properties on Clarence's behalf? Or is property manager the right term here? I'll have to review the definitions to be sure.
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Glen
4 months ago
Property manager makes the most sense to me. George is taking on the management responsibilities for Clarence's rental properties, so D) is the correct answer.
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Shantay
4 months ago
Okay, I've got this. George is Clarence's property manager, responsible for overseeing the day-to-day operations of the rental homes. That's the key role described in the question.
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Alecia
4 months ago
I'm a bit unsure about this one. Is George considered a broker's agent since he's acting on behalf of Clarence? Or is property manager the best fit here? I'll have to think this through carefully.
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Ciara
5 months ago
Hmm, this seems like a straightforward property management question. I'd go with D) property manager since that's the role George is filling to oversee the rental units for Clarence.
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Novella
2 months ago
Definitely D) property manager. Makes perfect sense!
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