Texas Principles of Real Estate 1: Chapter 12 Questions with Answers
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Course
Texas Principles of Real Estate 1
Institution
Texas Principles Of Real Estate 1
All of the above - Which of the following is a type of contract used between brokers and sellers...?
-Exclusive Right to Sell Agreement
-Open Listing
-Exclusive Agency Agreement
-All of the above
All of the above - Which of the following is an example of an addendum found in a listing contract...
Texas Principles of Real Estate 1: Chapter 12
Quiz
All of the above - ✔✔Which of the following is a type of contract used between brokers and sellers...?
-Exclusive Right to Sell Agreement
-Open Listing
-Exclusive Agency Agreement
-All of the above
All of the above - ✔✔Which of the following is an example of an addendum found in a listing contract...?
-Seller Disclosure Notice
-Lead Based Paint Disclosure
-Request for Information from an Owner's Association
-All of the above
Client - ✔✔A listing contract exists between the real estate broker and the...?
Exclusive Right to Sell Agreement - ✔✔This type of contract gives the broker the greatest chance at
receiving a commission...?
Find a ready, willing, and able buyer - ✔✔A broker is entitled to a commission after they...?
Negotiable - ✔✔A broker's compensation is...?
Net Listing - ✔✔This type of listing provides that the agent may retain as compensation for the agent's
services all sums received over and above a net price to the owner...?
Net Listing - ✔✔Which of the following listing contracts is discouraged throughout the State of Texas...?
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