California Real Estate Practice Exam

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Master the California Real Estate Exam with our comprehensive practice quiz. Get expert tips, detailed content review, and insider strategies to pass on your first try.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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If the comparables location is 10% better than the subject and the comparable sold for $350,000, what is the indicated value of the subject property?

$385,000
$315,000
$350,000
$365,000

The correct answer is: $315,000

The indicated value of the subject property cannot be higher than the sold price of the comparable, therefore options A, C, and D are incorrect. Option B is the only correct answer as it is a reasonable approximation, given that the comparables location is 10% better.