Floor brokers - Study guides, Class notes & Summaries

Who appoints the 8 members of the New Jersey Real Estate Commission? - Answer Governor Who makes the payments to a claimant from the Guaranty Fund? - Answer The state treasurer Agent Louis Lee is working with several people from his home town in Hong Kong. They sought him out because he speaks their native language. The Chans are anxious to purchase a house before the school year starts. Agent Lee listens to their needs and tells them, "I know exactly where you will be comfortable...

1. SHV Share price + Dividends 2. How do you in- crease Earnings Per Share (EPS)? Increase net income 3. Revenues -Sales -Goods or services sold 4. Gross profit -Gross income -Gross earnings -Gross margin 5. Operating in- come 6. Income before taxes (IBT) -Operating profit -Earnings before interest and tax (EBIT) -Income before interest and taxes (IBIT) -Earnings before taxes (EBT) -Profit before taxes (PBT) 7. Net income (NI) -Earnings after taxes (EAT) -Profit after t...

A $1.5 billion agency regulating one million professionals and businesses across some 200 licensee categories in Florida is: The Florida Department of Business and Professional Regulation. Who elects the Chairperson of the FREC? The FREC Members Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More What is the primary mission of FREC? To protect the public Nelson just received his Florida license. Wh...

Green Light Test Questions with Correct Answers Which of the following statements is NOT TRUE regarding dividends? A growth company normally has a low dividend payout ratio A stock dividend creates a current tax liability when received A blue-chip company has a long history of paying dividends The market price of a preferred stock is influenced by its dividend payout - Answer-A stock Divided creates a current tax liability when received A corporation is in the 34% tax bracket. Which ...

Matthew, a Pennsylvania licensee, represents a buyer who's interested in purchasing a property from Matthew's seller client. Matthew is a ______. - Answer-Dual agent Dual agent - Answer-An individual who acts as both the buyer's and seller's agent in a transaction The number of days within which Pennsylvania licensee must notify the commission when changing broker affiliation? - Answer-10 days How long must Pennsylvania brokers retain deposits and other escrow funds? - Answer-Un...

Section 1: Delaware Real Estate Orientation Questions with Verified Solutions On the surface, most brokers may seem pretty similar. So it's up to you to do a little probing to discover what makes one broker different than another. That's where you'll start to determine if you and the broker are a good fit. Which five of these areas should you inquire about when looking for a broker? 1. Reputation 2. Policies and Procedures 3. Training Program 4. Culture 5. Specialites One recommendation for...

NYS Real Estate Exam 2024 Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. - Answer ️️ -Insurance Premiums What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers debits over the buyers credits real estate agents are typically what kind of agent - Answer ️️ -special agent what...

Call bids at a real estate auction. CORRECT ANSWER In Maine, a person without a real estate license may: A single instance of offering, attempting to conduct, or conducting real estate services on behalf of another for compensation. CORRECT ANSWER Under Maine law, "real estate brokerage' means: Prospective clients at the time of entering into a brokerage agreement. CORRECT ANSWER In Maine an agency that has a company policy that permits disclosed dual agency must provide a disclosed dual...

How many square feet in one acre? - ANSWERThere are 43,560 square feet in an acre Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? - ANSWER$332,600 To solve this problem, set up an equation using P for the answer you seek: You know that the seller walked away with $306,000. If the agent was to take 8% of the selling price (P), then the seller rec...

final test practice for new jersey real estate test (NJ Title Insurance) Who appoints the 8 members of the New Jersey Real Estate Commission? - CORRECT ANSWER-Governor Who makes the payments to a claimant from the Guaranty Fund? - CORRECT ANSWER-The state treasurer Agent Louis Lee is working with several people from his home town in Hong Kong. They sought him out because he speaks their native language. The Chans are anxious to purchase a house before the school year starts. Agent L...