Real Estate 306 End of Chapter Practice CH12 Questions And Answers Rated A+ New Update Assured Satisfaction
7 views 0 purchase
Course
Real Estate 306
Institution
Real Estate 306
Real estate salespersons can lose their licenses for:
a. Using aggressive sales techniques.
b. Not showing buyers all available properties in an area.
c. Commingling escrow (trust) money with personal funds.
d. Not using modern sales methods.
e. All of the above. - c
According to most listing...
Real Estate 306 End of Chapter Practice
CH12
Real estate salespersons can lose their licenses for:
a. Using aggressive sales techniques.
b. Not showing buyers all available properties in an area.
c. Commingling escrow (trust) money with personal funds.
d. Not using modern sales methods.
e. All of the above. - c
According to most listing contracts, a broker has earned a commission when:
a. A contract for sale is signed by the buyer.
b. The transaction closes.
c. The broker finds a buyer who is ready, willing, and able to buy on the terms specified in the listing
contract.
d. The seller signs a listing contract.
e. The broker sends a bill for services rendered to the principal (usually the seller). - c
All of the following are duties that a broker would have to the seller in a single agency listing contract,
EXCEPT:
a. Skill and care.
b. Obedience.
c. Loyalty.
d. Knowledge.
e. Disclosure. - e
How are commission rates that real estate brokers charge determined?
a. By agreement among local Realtors.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller PatrickKaylian. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
