Exclusive agency listing - Study guides, Class notes & Summaries
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45 Hour Post Licensing Exam Correct 100%
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A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for - ANSWER $300,000 
 
What facts need not be disclosed in a real estate transaction? - ANSWER The property was the site of a homicide. 
 
What is a good graphic to show a seller that there will be more activity if the property is competitively priced? - ANSWER The pricing pyramid 
 
A home sells for $310,500. Expenses of the sale are $4,800. The brokerage fee is $18,630. Prorati...
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Champions Law of Agency – exam 2024 with 100% correct answers
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Which of the following has the authority to suspend or revoke a Texas real estate license? - correct answer TREC 
 
Which of the following is an element of a listing agreement? - correct answer the agreement to pay a stated commission, usually a percentage of the sales price 
 
the IRS considers which of the following a violation of independent contractor status? - correct answer salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the br...
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Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Complete|Helps you Ace your RE U Final Exam
- Exam (elaborations) • 35 pages • 2023
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Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Helps you Ace your RE U Final Exam 
Real Estate U Final Exam Study Guide| 
Q&A, 100% verified| Latest 20232024|Helps 
you Ace your RE U Final Exam 
Article 12-A of the NYS Real Property Law 
The section of the New York Real Property Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be ...
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COLORADO EXAM REAL ESTATE STATE PORTION QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED.| latest update 2024/25|
- Exam (elaborations) • 14 pages • 2024
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COLORADO EXAM REAL ESTATE STATE PORTION QUESTIONS 
AND ANSWERS, GRADED A+/ VERIFIED. 
When must earnest money be deposited? 
Not later than the third business day after notice to buyer of acceptance. 
When a real estate broker is preparing a contract for the sale of real estate in respect of when a building 
permit was issued prior to January 1, 1978, the agreement will be: 
Void unless a completed Lead-Based Paint Disclosure is completed and signed by both the licensees to the 
transaction a...
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NY REAL ESTATE EXAM 2023 WITH 100% CORRECT ANSWERS
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According to the New York State Real Property Law, a real estate salesperson's license is issued for a term of how many years? 
Two 
 
 
 
What happens to the licenses of salespersons if their sponsoring broker's license is revoked? 
They are suspended 
 
 
 
Which type of residential real property transfer would require a property to condition disclosure statement? 
Lease with an option to purchase 
 
 
 
A listing broker for the seller has a buyer-client who asks to see the listing. This req...
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Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved.
- Exam (elaborations) • 42 pages • 2023
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Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved. 
 
 
Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? 
 
A. 
Emblements 
 
B. 
Personality 
 
C. 
Fixtures 
 
D. 
Appliances - -C 
 
A salesperson who completes a written listing agreement with a seller is helping to create a contractual relationship between the: 
 
A. 
salesperson and the seller 
 
B. 
salesperson and the buyer 
 
C. 
sal...
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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 Practi
- Exam (elaborations) • 7 pages • 2023
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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...
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NYREI School Exam Questions and Answers Latest Version Graded A+
- Exam (elaborations) • 13 pages • 2023
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NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license 
What is the preferred method of creating an agency relationship? expressed agency 
An amenity purchaser occupies or uses the purchased property 
Condominium units are considered _____ property and are conveyed by _____. real / deed 
A salesperson who is an independent contractor is not subject to withholding r...
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CMIT Exam (200 multiple choice) Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 29 pages • 2023
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CMIT Exam (200 multiple choice) Questions with Verified Answers 
 
A CM's role and responsibilities are governed solely by the Owner/CM Agreement. 
True False - CORRECT ANSWER True 
 
There are two basic forms of CM, agency and at-risk. Each form provides for the basic services of construction management practice. However, there are some key differences. Which of the following do not apply to both CM forms? 
A) Both forms provide advice to the owner on constructibility, budget and the schedule....
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Champions Real Estate Marketing SAE Exam with complete solutions
- Exam (elaborations) • 10 pages • 2023
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Most common reason a property fails to sell is - Answer- price 
 
Matching human needs with goods or services to meet those needs is the process of - Answer- marketing 
 
_____________________ is a key personality trait of a successful agent - Answer- problem solving 
 
3 Ways Sales Agents Add Value to the Buying Process - Answer- Counseling, Negotiating, and Managing the transaction 
 
Four P's of marketing real estate - Answer- product, promotion, price and place 
 
How can you know your prod...
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