45 Hour Post License Final Exam {QUESTIONS WITH ALL ANSWERS 100% CORRECT} (2024 / 2025) (Verified by Experts)
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45 Hour Post License
Institution
45 Hour Post License
If an appraisal falls short of the needed value to close the deal, one of four outcomes would
result. Which one of the following is NOT one of those 4? - CORRECT ANSWER The seller
would raise the selling price in order to make up for the shortfall.
Which of the following steps would not be commo...
45
Hour
Post
License
Final
Exam
{QUESTIONS
WITH
ALL
ANSWERS
100%
CORRECT}
(2024
/
2025)
(Verified
by
Experts)
If
an
appraisal
falls
short
of
the
needed
value
to
close
the
deal,
one
of
four
outcomes
would
result.
Which
one
of
the
following
is
NOT
one
of
those
4?
-
CORRECT
ANSWER
The
seller
would
raise
the
selling
price
in
order
to
make
up
for
the
shortfall.
Which
of
the
following
steps
would
not
be
common
to
complete
a
mail
away
closing?
-
CORRECT
ANSWER
the
agent
would
sign
on
the
absent
persons
behalf
Your
buyers'
lender
tells
you
that
your
buyer
will
qualify
for
a
loan
up
to
$359,000.
The
lender
advised
you
that
this
was
based
on
the
house
not
located
in
a
flood
zone
and
no
more
than
$150
a
month
in
HOA
fees.
The
buyer
was
searching
online
and
found
a
house
located
in
a
popular
neighborhood.
When
you
pull
the
listing
information
you
discover
that
the
house
is
only
$336,000
but
is
in
a
Flood
Zone
"A"
and
HOA
fees
are
$300
a
month.
Which
is
the
best
course
of
action
to
take?
-
CORRECT
ANSWER
Contact
the
buyer's
lender
to
review
the
information
about
the
property
and
schedule
a
showing
to
coincide
immediately
after
the
expected
response
time
from
the
lender.
What
is
the
formula
to
calculate
how
many
leads
are
needed
to
generate
clients?
-
CORRECT
ANSWER
Clients
Required
÷
Lead
Conversion
%
Stacey
hired
a
real
estate
licensee
to
advertise
a
home
for
sale
in
the
MLS
and
to
handle
the
contract.
However,
the
seller
planned
to
handle
their
own
showings
and
open
houses
and
did
not
want
to
pay
the
agent
for
those
services.
Which
type
of
listing
agreement
would
be
appropriate?
-
CORRECT
ANSWER
Limited
listing
agreement
Asking
a
client:
"What's
the
one
thing
that
is
keeping
you
from
moving
forward?"
is
an
example
of
___.
-
CORRECT
ANSWER
isolate
the
objection
You
are
working
with
Alana,
a
buyer,
that
wants
to
purchase
a
resale
condo
anywhere
on
Longboat
Key.
She
has
narrowed
it
down
to
2
units
in
different
condo
developments.
As
the
buyer's
agent,
you
should
make
sure
she
gets
____
within
3
days
for
whichever
condo
she
enters
into
a
contract.
-
CORRECT
ANSWER
Most
recent
year-end
financial
report,
Governance
form
A
buyer
received
a
clear
to
close
from
his
lender.
Which
of
the
following
would
NOT
still
need
to
be
completed?
-
CORRECT
ANSWER
earnest
money
deposit
Per
the
statute
-
when
a
condominium
is
sold
or
re-sold,
specific
documents
must
be
provided
from
the
seller
to
the
buyer.
The
seller
of
new
condo's
must
provide
the
buyer
with
5-6
different required
documents.
Re-seller
must
provide
the
buyer
with
7
different
required
documents.
Which
of
the
following
is
only
required
on
new
condominium
sales?
-
CORRECT
ANSWER
Estimated
Operating
Budget
You
are
working
with
buyers,
Tina
and
Jeff.
You
explain
to
them
you
will
provided
them
a
list
of
up
to
20
houses
that
most
closely
match
their
wants
and
needs.
They
need
to
narrow
the
list
down
to
the
top
6.
You
tell
them
you
will
show
them
6
different
houses.
If
they
buy
one
of
those
6
you
will
give
them
$600
out
of
your
commission.
Under
RESPA
and
TILA
this
is
___.
-
CORRECT
ANSWER
Okay,
if
handled
correctly
and
disclosed
to
all
parties.
Real
estate
agent
Belle
was
arrested
for
theft
while
in
California.
Which
of
the
following
is
true
regarding
the
situation?
-
CORRECT
ANSWER
Agent
Belle
would
have
up
to
30
days
to
report
the
violation
to
the
DBPR.
A
couple
is
in
town
on
a
"buying"
trip.
You
pick
out
homes
listed
in
the
multiple
listing
service
based
on
a
needs
assessment
and
spend
the
weekend
showing
them
houses.
One
home
is
of
interest
to
them,
yet
they
leave
town
without
making
an
offer.
You
agree
to
send
them
other
options
by
email.
The
next
day
they
call
and
ask
you
to
find
answers
they
now
have
regarding
the
home
they
had
seen
and
favored.
Upon
contacting
the
listing
agent,
the
agent
informs
you
that
another
real
estate
agent
has
contacted
her
for
the
same
buyers.
However,
that
agent
has
not
actually
shown
them
the
house.
If
the
buyers
purchase
the
home
using
the
other
agent,
what
is
the
likely
outcome?
-
CORRECT
ANSWER
Your
broker
would
pursue
payment
from
the
listing
broker
siting
procuring
cause.
Agent
Cinderella
just
got
her
real
estate
license
but
wasn't
ready
to
start
working
as
an
agent
yet.
Which
of
the
following
should
she
not
do?
-
CORRECT
ANSWER
Don't
worry
about
the
45-hour
post-license
course
until
she
starts
working.
Agent
May
wanted
to
become
a
broker-associate.
Steps
to
do
so
include
all
of
the
following
except:
-
CORRECT
ANSWER
*1)
Take
a
63-hour
pre-licensing
sales
course.*
2)
Have
completed
2
out
of
the
previous
5
years
as
an
active
real
estate
sales
associate
licensee,
either
within
or
outside
of
Florida.
3)
Submit
an
application
to
the
DBPR.
4)
Pass
the
state
broker
exam.
You
are
doing
a
buyer
presentation
for
Connie.
You
tell
her
that,
"I
work
for
one
of
the
largest
brokerages
in
town.
This
means
that
I
have
undergone
the
best
training
possible
to
make
sure
that
I
am
looking
out
for
your
best
interests!"
This
is
which
step
in
the
buyer
presentation
and
is
also
considered?
-
CORRECT
ANSWER
Step
3;
Buyer
Feature
Benefits
Which
statement
is
true
about
prospecting
for
buyers?
-
CORRECT
ANSWER
*1)
Prospecting
for
buyers
is
easier
than
prospecting
for
sellers.*
2)
Prospecting
for
sellers
is
easier
than
prospecting
for
buyers.
3)
Prospecting
for
buyers
has
a
much
lower
return
on
output
than
prospecting
for
sellers.
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