Certification for CPO - CPOExperts.com -

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City / State *

How many repairs are noted in the average inspection report? *

25+

23+

15+

How many real estate contracts fail on average? *

1/4

1/2

1/3

Other:

What are the TWO key reasons why contracts fail? Check the 2 boxes below *

The toilet doesn't work properly

The buyer and seller don't like each other

The inspection report shows repairs needed, which scare off the buyer

The agents don't like each other

The home doesn't appraise

Other:

Required

Which of the following is true? *

Agents get a month of training in pricing homes at real estate school in most states

All agents are created equal in terms of their CMA capability

Agents can produce an appraisal

Agents are trained longer than appraisers in pricing a home

Other:

A typical home warranty only covers a house once it has been sold. *

True

False

List the three MAIN elements of C.P.O. *

CMA

Inspection

A great relationship with the seller

A new roof

A modern, 2-flush system toilet

Energy saving appliances

Home Warranty

Appraisal

Required

With CPO a seller can choose to disclose issues instead of fixing them. *

True

False

What are the negative effects of having a contract fail? *

Moving costs may already be incurred

Possible stigma attached to the property - agents asking "why that one failed"

Buyers on that contract may have a selling contract on their home that is dependent on that particular contract closing

Loss of time on the market, sometimes a whole season

Waste of valuable time

All of the above

Who does CPO benefit (choose most accurate): *

Buyer

Seller

Agents

Buyers, Sellers and Agents

The family pet

Other:

A property can be listed as Full CPO with an inspection, warranty, and CMA if the market is strong *

True

False

Other:

In a traditional real estate transaction the average repair requests from buyers to the sellers runs... *

$300-$500

$1000-$1500

$2000-$2500

In CPO Cars, how many points of inspection are there, generally? *

200

156

170

An Inspection on a home in the CPO process is called:

An appraisal

An up-front Inspection or pre-inspection

A pesky thing that has to be done

Clear selection

According to American Home Shield, one of the Largest Home Warranty companies, a home that offers a home warranty sells? (which is most accurate?)

5 days faster

20 days faster

11 days faster

For $3216 more dollars and 11 days faster

For $2314 more dollars and 11 days faster

For $2314 more dollars and 13 days faster

None of the above

Clear selection

Why do buyer agents love CPO homes?

They are easier to deal with

Contracts close faster

Buyers and Sellers generally have less stress during the transaction

The average buyer agent manages 10 deals a year, and they would prefer to show their buyers a CPO home

All of the above

Clear selection

Why do buyers prefer CPO homes?

Makes the choice easy when looking at 6 homes

Peace of mind

Less worry after the initial excitement stage

Less lending issues as home is more likely to appraise

Less hassle getting quotes on getting things fixed

Less of a waste of time

All of the above

Clear selection

What are the key benefits of CPO?

Buyers making an offer on a home knowing the sellers have done all of their due diligence upfront

Buyer agents who make an offer that is more likely to become a contract that ends in a home sale and know they are placing their buyers into a transaction that will generate much less stress

Sellers who do the work upfront and will likely enjoy selling their home faster and for more money

Attorneys, transaction managers and other real estate providers who handle a much cleaner transaction and can focus on more important aspects of the sale instead

All of the above

Clear selection

Which of the AllstarCertified Programs are you familiar with?

1. Love it or leave it

2. Agents Give Back

3. CPO

4. Listing Storyboard

5. Walking tour videos / memories videos

6. Coming Soon

7. Radio and media communication

8. Priority buyer and seller

9. Sell for free, buy new

10. Land Package

11. Lease Option

12. Estate Planning

13. Divorce Real Estate Planning

14. Referrals and networking

Other:

Phone Number *

First and Last Name *

Based on the bestseller, "Find Your Unique Value Proposition" Visit www.CPOExperts.com for more information.

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