Real Estate 306 End of Chapter Practice CH12 Questions And Answers Rated A+ New Update Assured Satisfaction
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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.
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