Brokerage agreements - Study guides, Class notes & Summaries

Champions Powerhouse Training SAE 146 Questions with Verified Answers An area of neighborhoods or sub divisons that is serviced by your firm. - CORRECT ANSWER Geographic Farm A plan by which you develop to gain name recognition - CORRECT ANSWER Marketing Plan Becoming different in your approach through growth and development - CORRECT ANSWER differentiate All the properties in a particular price range, in the area your firm services - CORRECT ANSWER economic farm Words or cont...

One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): A) attorney-in-fact B) broker with a listing C) special agent D) attorney-at-law attorney-in-fact No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: A) township B) section C) scarcity D) nonhomogeneity nonhomogeneity The five essential elements that make a contract valid are: comp...

RECA Fundamentals Exam questions with correct answers 100% correctWhich of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) Which of the following will occur to the ...

Wisconsin Real Estate Exam Correct Questions & verified Answers The foundation upon which real estate brokerage is practiced --correct answer--Agency A legal and ethical relationship created between a real estate firm and a party to a transaction; the party may be a buyer, seller, landlord, or tenant --correct answer--Agency Relationship A written agreement between a firm and a client; the client authorizes the firm to provide brokerage services to the client --correct answer--Agency Agreem...

When a real estate company has agency agreements with both a seller and a buyer, can the buyer make an offer on the seller's property? A. No because the real estate company would then be a dual agent. B. Yes, if both the buyer and seller give their verbal consent to dual agency. C. Yes, if the seller has agreed to pay the commission. D. Yes, if both parties have completed written agency agreements. - ANSWER D. Yes, if both parties have completed written agency agreements. Peter, a lice...

RECA Questions and Answers Already Passed Which of the following may RECA amend from time to time? A) The Act B) The Rules C) The Regulations D) All the statements are correct B According to the Act, which of the following statements apply if an industry professional whose conduct is subject to disciplinary proceedings make application to withdraw from the profession? A) If the application is approved, RECA issues a news release B) If the application is approved, all disciplinary ...

Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 1. a: Townhomes and single-family homes differ in that a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not o...

Reca - Residential Exam Questions And Answers Self regulation - ANS -General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage interests - ANS Interest of brokerage at odds with brokerage client Fiduciary duties - ANS -Utmost loyalty -Not to make secret profits -Maintain confidentiality -To account -Avoid and disclose conflicts of i...

RECA FUNDAMENTALS EXAM Which privacy legislation affects how Alberta real estate professionals handle client information? Privacy Information Act Right to Personal Privacy Act Personal Information Protection Act Personal Information Protection and Electronic Documents Act A) Statements I and II B) Statements I and IV C) Statements II and III D) Statements III and IV D When the licence of a real estate brokerage is suspended, what actions must real estate professionals who ar...

RECA EXAM QUESTIONS AND ANSWERS LATEST UPDATE. Which of the following may RECA amend from time to time? A) The Act B) The Rules C) The Regulations D) All the statements are correct B According to the Act, which of the following statements apply if an industry professional whose conduct is subject to disciplinary proceedings make application to withdraw from the profession? A) If the application is approved, RECA issues a news release B) If the application is approved, all disciplinary ...