Brokerage agreements - Study guides, Class notes & Summaries

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 bus...

SC Property Management License Exam with Complete & Verified Solutions | 2024 Update PM & PMIC licenses need to renewed biennially - Answer ️️ -June 30th (end of state's fiscal year) Conversion - Answer ️️ -to use trust funds for the purpose other than the purpose of which they are held. Unlawful use of funds. Customer - Answer ️️ -a buyer, seller, landlord or tenant who uses the services of a real estate licensee but does not establish an agency relationship through a written...

An area of neighborhoods or subdivisons that is serviced by your firm. Geographic Farm A plan by which you develop to gain name recognition Marketing Plan Becoming different in your approach through growth and development differentiate All the properties in a particular price range, in the area your firm services economic farm Words or content by which top producers are using to be successful. hot buttons Building _____________________________ comes f...

Reca – Residential Exam Questions and Answers 2024 Self regulation -Answer--General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage interests -Answer-Interest of brokerage at odds with brokerage client Fiduciary duties -Answer--Utmost loyalty -Not to make secret profits -Maintain confidentiality -To account -Avoid and disclose conflicts of interes...

Which of the following statements is not true concerning security deposits? - The security deposit is landlord property until and unless it must be refunded. What are the three kinds of maintenance a manager has to carry out for a managed property? - Routine, preventive, and corrective. An agent contacted an owner to see if they might want to sell the property. The agent said, "I think I can get you $250,000," which surprised the owner. The owner said, "Ok, and anything over that can be ...

RECA Questions and Answers 2023/2024 (100%Verified). Which of the following may RECA amend from time to time? A) The Act B) The Rules C) The Regulations D) All the statements are correct B According to the Act, which of the following statements apply if an industry professional whose conduct is subject to disciplinary proceedings make application to withdraw from the profession? A) If the application is approved, RECA issues a news release B) If the application is approved, all discipl...

Utah Real Estate School - Brokerage Agreements and Management Practice Exam Questions With 100% Verified Answers. Procuring Cause - answeris traceable by an uninterrupted series of casual events. A transaction broker agreement may have a clause to automatically extend the agreement - answerif a transaction is underway when the agreement expires. An agent contacted an owner to see if they might want to sell the property. The agent said, "I think I can get you $250,000," which surprised t...

RECA Fundamentals Exam Questions and Answers Already Passed Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) Which of the following will occur to the supply of a good when ther...

Procuring Cause -:- is traceable by an uninterrupted series of casual events. A transaction broker agreement may have a clause to automatically extend the agreement -:- if a transaction is underway when the agreement expires. An agent contacted an owner to see if they might want to sell the property. The agent said, "I think I can get you $250,000," which surprised the owner. The owner said, "Ok, and anything over that can be your commission." This is: -:- a net listing and could...

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...

45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 | 100% Verified. When consumers, lured by lower prices, venture back into the market, business activity increases and confidence begins to return. Slowly, production facilities gear up to meet the new consumer demand, capital begins to flow back into business enterprises, and additional employees are hired. The three types of operating expenses of an income property are A) fixed, debt service, and...