Wi real estate sales - Study guides, Class notes & Summaries

The listing broker is the seller's CORRECT ANSWER agent A licensee writes an offer for a buyer on the licensee's listing. The buyer is the licensee's CORRECT ANSWER customer When a firm is representing only one side of the transaction, the firm is practicing what type of agency? CORRECT ANSWER Single agency Multiple Representation may only occur if CORRECT ANSWER there is full written consent and disclosure from all parties A broker shall provide a copy of the disclosure form to a...

WI Real Estate Sales Exam All Questions Marking Scheme The listing broker is the seller's - Answer -agent A licensee writes an offer for a buyer on the licensee's listing. The buyer is the licensee's - Answer -customer When a firm is representing only one side of the transaction, the firm is practicing what type of agency? - Answer -Single agency Multiple Representation may only occur if - Answer -there is full written consent and disclosure from all parties A broker shall prov...

The foundation upon which real estate brokerage is practiced - 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 - ANSWER Agency Relationship A written agreement between a firm and a client; the client authorizes the firm to provide brokerage services to the client - ANSWER Agency Agreement What are two agency agreements? - ANSWER Listing Agreement Buyers Agency Agreemen...

The listing broker is the seller's - Answer agent A licensee writes an offer for a buyer on the licensee's listing. The buyer is the licensee's - Answer customer When a firm is representing only one side of the transaction, the firm is practicing what type of agency? - Answer Single agency Multiple Representation may only occur if - Answer there is full written consent and disclosure from all parties A broker shall provide a copy of the disclosure form to a client: - Answe...

WI real estate salesperson terms & definitions Exam All Questions Marking Scheme 0-Bedroom Dwelling - Answer -any residential dwelling in which the living area isn't separated from the sleeping area Abstract of Title - Answer -condensed history of a property's title showing in chronological sequence, matters such as conveyances, liens, & encumbrances that have been recorded against the title in office of the register of deeds or other public recording place Acceleration Clause - Answe...

Which of the following statements INCORRECTLY describes a multiple representation relationship? A: The firm owes both parties the duty of confidentiality. B: A firm must disclose multiple representation to all parties in writing. C: The firm owes loyalty to the party who first signed an agency agreement with the firm. D: All parties must consent in writing to a firm representing multiple parties in a transaction. CORRECT ANSWER C: The firm owes loyalty to the party who first signed an ag...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

WI Real Estate Sales Exam Questions & Answers 100% CorrectWI Real Estate Sales Exam Questions & Answers 100% CorrectWI Real Estate Sales Exam Questions & Answers 100% CorrectWI Real Estate Sales Exam Questions & Answers 100% CorrectThe listing broker is the seller's - ANSWER-agent A licensee writes an offer for a buyer on the licensee's listing. The buyer is the licensee's - ANSWER-customer When a firm is representing only one side of the transaction, the firm is practicing what type of...

WI Real Estate Sales Exam Questions with Complete Answers

The listing broker is the seller's - correct answeragent A licensee writes an offer for a buyer on the licensee's listing. The buyer is the licensee's - correct answercustomer When a firm is representing only one side of the transaction, the firm is practicing what type of agency? - correct answerSingle agency Multiple Representation may only occur if - correct answerthere is full written consent and disclosure from all parties A broker shall provide a copy of the disclosure form ...