Affiliate Broker Tennessee (TN PSI) National Practice Exam `

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Study for the Affiliate Broker Tennessee National Exam. Practice with flashcards and multiple choice questions, with hints and explanations. Prepare well for your licensing exam!

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When calculating the square footage for an MLS listing, what figure should Bonnie use?

  1. 1,200 square feet

  2. 450 square feet

  3. 1,425 square feet

  4. 1,650 square feet

The correct answer is: 1,425 square feet

When calculating the square footage for an MLS listing, Bonnie should use the figure that accurately represents the livable area of the property being listed. The correct value of 1,425 square feet likely reflects the total usable space within the home, including all areas that contribute to the living environment such as bedrooms, living rooms, kitchens, and possibly any finished basements or attics that meet local criteria for livable space. It is important for property listings to provide accurate dimensions, as this helps potential buyers understand the size of the property and can influence their purchasing decision. The other figures, while they could be correct for different properties or parts of the property, do not represent the correct calculation for this particular listing and may lead to misunderstandings or misrepresentation of the property size in the MLS.