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INTRODUCTION TO MODERN REAL ESTATE PRACTICE

Across
Permanence of investment
Relates to how much is available in relation to demand
__ in use - Satisfies the "want" or "desire"
A person must be __ as a broker or sales agent to show a property
Represents new supply of real estate products
Refers to the market's ability to produce a good or service
Situs, Area Preference
Non-Homogeneity
Refers to the market's desire to purchase the good or service
Texas Real Estate License Act
Down
Cannot be moved
__ represents the inventory of real estate that is unoccupied at any given time
Acting as a __, a person may purchase, sell, lease, or sublease real estate for profit without being licensed as a broker or sales agent
__ rate is a measure of supply and demand
National Association of Realtors