Real estate exam prep - Study guides, Class notes & Summaries
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Iowa Real Estate Exam Prep Questions with complete solution 2024
- Exam (elaborations) • 28 pages • 2024
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Iowa Real Estate Exam Prep Questions with complete solution 2024 Iowa Real Estate Exam Prep 
 
In Iowa, who administers real estate license law? - correct answer Iowa Real Estate Commission 
 
The members of the Iowa Real Estate Commission are appointed by the - correct answer Governor, subject to senate approval 
 
The real estate commission has the authority to - correct answer Make and enforce the rules by which all real estate licensees must abide 
 
The Iowa Real Estate Commission ma...
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Wisconsin Real Estate Exam Prep Questions and Answers Already Passed
- Exam (elaborations) • 39 pages • 2024
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Wisconsin Real Estate Exam Prep 
Questions and Answers Already Passed 
 
A seller signs listing contract with firm. Who is the agent who is the principal? Seller is the 
principal, firm is the agent. 
 
If you are the listing agent and a buyer asks you to write an offer but does not sign an agency 
agreement, how do you describe the buyer? Customer 
 
What kind of agency is the firm practicing if they represent just one party in a transaction? 
Single Agency 
 
When can a firm engage in multiple...
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Champions Real Estate Exam Prep (Texas) | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 67 pages • 2024
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Champions Real Estate Exam Prep (Texas) | 
100% Correct Answers | Verified | Latest 
2024 Version
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South Dakota Real Estate Exam Prep Questions and Answers 100% Pass
- Exam (elaborations) • 56 pages • 2024
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South Dakota Real Estate Exam Prep 
Questions and Answers 100% Pass 
 
Mark, a licensed broker, procures a ready, willing, and able buyer for his seller- principal. The 
seller accepts the buyer's offer in writing, the experiences a change of heart and withdraws the 
acceptance. In this situation, Mark 
is entitled to collect a commission. 
 
3 multiple choice options 
A real estate company has entered into agency agreements with both a seller and a buyer. The 
buyer is interested in making an ...
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OKLAHOMA REAL ESTATE EXAM PREP
- Exam (elaborations) • 18 pages • 2024
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OKLAHOMA REAL ESTATE EXAM PREP
Too much month left at the end of the money?
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National Portion - Real Estate Exam Prep Questions and Answers Rated A+
- Exam (elaborations) • 47 pages • 2024
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National Portion - Real Estate Exam Prep 
Questions and Answers Rated A+ 
 
agency a consensual fiduciary relationship authorizing a broker to act on the behalf of a 
client 
 
Fiduciary Relationship a relationship in which one party places special trust, confidence, and 
reliance in a trusted person 
 
Principal a person (client) who empowers another (agent) to act as his or her representative 
in a real estate transaction 
 
client those which have entered into a written agency agreement with ...
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BERMUDA REAL ESTATE EXAM PREP 1
- Exam (elaborations) • 18 pages • 2024
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BERMUDA REAL ESTATE EXAM PREP 1
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ARIZONA REAL ESTATE - OUT OF STATE EXAM PREP
- Exam (elaborations) • 16 pages • 2024
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ARIZONA REAL ESTATE - OUT OF STATE EXAM PREP
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NY REAL ESTATE EXAM PREP
- Exam (elaborations) • 46 pages • 2024
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NY REAL ESTATE EXAM PREP
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Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS)
- Exam (elaborations) • 31 pages • 2024
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Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS) 
Farming 
licensee concentrate on one type or style of property or on one particular neighborhood 
 
 
Farm area or target market 
Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business 
 
 
Tract building 
When a developer acquires a large tract of land, records a subdivision plat map, and uses a model center from which ...
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