Broker price opinion bpo - Study guides, Class notes & Summaries
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Post Licensing 301 NC Study Questions with Verified Solutions
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Post Licensing 301 NC Study Questions 
 
with Verified Solutions 
 
What is the primary purpose of the listing agreement in real estate? 
 To establish the terms and conditions under which a real estate agent will represent the seller 
 
How often must a property management company provide a financial report to the property 
owner? 
 
 Monthly 
 
What is an exclusive right to sell listing? 
 A type of listing agreement where the agent has the exclusive right to sell the property and 
earn a comm...
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BOB HOGUE SALES ASSOCIATE EXAM REVIEW ,QUESTIONS VERIFIED CORRECTLY TO SCORE A+
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the product that real estate licensees market is - information 
knowledge of property transfer, knowledge of market conditions, knowledge of how to market real 
estate or business 
a competent licensed real estate professional must know the economic and legal intricacies associated 
with transfers of - title, property taxes, financing, and local zoning ordinances 
to be successful, licenses must know how to - market real estate and businesses 
real estate brokerage - the business of bringing tog...
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Gold Coast Real Estate Sales Associate-Key Terms (CH. 1-19) verified already passed 2024/2025
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Gold Coast Real Estate Sales Associate-Key Terms (CH. 1-19)Broker Price Opinion (BPO) CH1 - correct answer The process used to determine the potential selling price or estimated value of a real estate property. 
 
Adjudication Withheld CH2 - correct answer A special sentence such as probation, community service, or a fine imposed, but no conviction of guilt was imposed. 
 
Prima Facie Evidence CH2 - correct answer Certificates entered into evidence in court proceedings. 
 
Group License CH3 -...
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WV Real Estate Final Exam Top Graded Questions and Answers Graded A 2024
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The purpose of the West Virginia License Act is to 
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limit competition in the real estate industry. 
 
protect the public in real estate transactions. 
 
regulate the limit for brokerage compensation. 
 
impose license fees to generate income. - protect the public in real estate transactions. 
 
Jim acquires a West Virginia broker license. He wants to sell real estate without opening a business so he decides to remain at his salespersons desk on the sales floor at Acme Realty. Jims license...
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Idaho Real Estate School: MOD 2 (2023/2024) Rated A
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Idaho Real Estate School: MOD 2 (2023/2024) Rated A Appraisal Estimate or opinion of value based on the supportable evidence and approved methods. 
An appraiser is an independent person trained to provide an unbiased estimate of value. The appraisal value is the appraiser's opinion of that property's worth. 
Appraiser an independent person trained to provide an unbiased estimate of value. 
CMA (comparable market analysis) An analysis of probable value of real estate done by an individual other...
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Gold Coast School Real Estate Questions( Chapter1-19) 100% Solved
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1. The real estate market is local in nature what does that mean? - ANSWER Information about real estate can best be found through local sources, which makes the real estate market local in nature 
 
2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: 
A. Providing expert knowledge about construction methods and materials 
B. Providing expert knowledge to members of the public in the performance of specified services of real estate 
C. Following up wi...
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Law of Agency: Cumulative Questions with Verified Solutions
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Law of Agency: Cumulative Questions with Verified Solutions abandonment when the license holder ceases to perform their duties of the agency relationship 
actual authority specific powers given to an agent by the principal that allows them to act on the principal's behalf 
agency by actual authority actions taken by an agent for which they have permission, whether given through express or implied authority by a principal 
agency by estoppel agency imposed by law when it is determined that osten...
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West Virginia Real Estate Specific Exam Questions and Answers 2024
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Broker is ordering the sign for her new firm. Which is NOT a sign requirement? - Letters at least 2 inches in height 
 
The Reason: Every sign shall prominently display the name of the broker, the term "Broker" and the company name, if any, all in letters not less than 1 inch in height. If the broker so desires, the names of the salespersons or associate brokers may be placed below the name of the broker. 
 
Broker Bob can pay his friend a referral for helping him obtain a listing if the frien...
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Florida Real Estate U Final Exam 2023 with 100% correct answers
- Exam (elaborations) • 58 pages • 2023
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An appraisal can be completed by which of the following? 
 
A home inspector 
A real estate broker 
A licensed appraiser using USPAP standards 
A mortgage loan originator 
A licensed appraiser using USPAP standards 
 
 
 
What is a BPO? 
 
Broker Price Opinion 
Best Practice Organization 
Best Prospective Offer 
Beyond Present Opportunities 
Broker Price Opinion 
 
 
 
Which of the following is incorrect? 
 
Farming methods include Direct Mail and Just Listed Post Cards. 
Farming only involves r...
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FLORIDA REAL ESTATE PRE-LICENSE EXAM REVIEW
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Real Estate Business - Answer-Is composed of many specialization's: 
- (1)Details of Property Transfer 
-Knowledge of: 
(2)market conditions 
(3)how to market real estate business 
(4)how to analyze buyers needs 
(5)laws that pertain to real estate 
 
Real Estate Brokerage - Answer-Is the bringing together of buyers and sellers, owners and renters and completing real estate transactions. 
 
***How can a agent maintain good standing with clients? (After title closing)*** - Answer-***Follow Up. ...
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