Wra chapter 2 - Study guides, Class notes & Summaries

WRA Chapter 2.

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WRA Final Exam Practice Questions With 100% Verified Answers A selling licensee can receive a commission from the: A:selling firm B:buyer C:buyer's firm D:seller - answerselling firm Wis. Stat. § 452.14(3)(f) Disciplinary proceedings shall be conducted by the board if it finds that a licensee accepted from any person except the firm with which the licensee is associated, if the licensee is associated with a firm, a commission or valuable consideration for the performance of any act s...

Express agency - CORRECT ANSWER-A seller list a property with a broker. The seller and the broker have expressed agency through a former, written agreement, which in this case, is the listing contract. Implied agency - CORRECT ANSWER-The buyer wants to write an offer and the listing broker salesperson draft the offer. A listing contract - CORRECT ANSWER-To hire a broker to market property and pay the broker a commission if a ready, willing, and able buyer is procured according to the cont...

WRA_ Chapter 2 terms_ Agency Issues

WRA Chapter 2

WRA_ Chapter 2 terms_ Agency Issues

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