Which brokerage specialty focuses on the sale of homes and condos?

Study for the Florida Real Estate License Renewal Test. Prepare with detailed scenarios and multiple choice questions offering explanations. Boost your confidence and ace the exam!

Residential brokerage is the area of real estate that specializes in the buying and selling of homes and condominiums. This segment deals primarily with individual residential properties that are intended for housing, making it distinct from other brokerage specializations. In residential brokerage, real estate professionals work closely with buyers and sellers to facilitate transactions, provide market insights, and assist in navigating the complexities of purchasing or selling a home.

The other specializations mentioned play different roles in the real estate market. For example, commercial brokerage focuses on properties intended for business purposes, like office buildings, retail spaces, and warehouses. Business brokerage deals with the sale and purchase of businesses rather than real estate properties per se. Mixed-use brokerage involves properties that combine different uses, typically residential, commercial, and sometimes industrial components within a single property or development, which is broader than just homes and condos. Thus, the focus and expertise unique to residential brokerage make it the correct answer.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy