Gianna1

Purpose of qualifying buyers To determine buyers' readiness to buy and that they're not already exclusively represented by another agent Main purpose of the buyer presentation To build trust Buyer representative activities Help schedule home inspections, show properties, review the closing statement, communicate with the buyer's lender to ensure the loan is in process (only with the buyer's permission), and attend the closing Home affordability calculators A good starting point to help bu...

Violations of Delaware license law could earn a licensee a sanction from the real estate commission, including the possibility of _______. A. A fine of up to $10,000 B. House arrest C. Jail time D. Probation, including regular reports to the commission and limited professional activities Probation, including regular reports to the commission and limited professional activities Topic: Duties and Powers of the Real Estate Commission Subtopic: Sanctions Kristy is a Delaware salesperson associated...

In Delaware which party is responsible for expenses on closing day ? buyer Licensee Jonathan signed a listing agreement with a new client. Which of these actions should Jonathan plan to perform next, before he publishes the listing on the MLS? prepare a features list Karen's house was recently foreclosed on to pay off a lien on her home. What happens to any extra money after the lien and expenses of the sale are paid? it goes to Karen Which Delaware law may still apply to condominiums and th...

Primary Objective Of Delaware Real Estate Commission Protect General Public From Unsafe Practices Which Tend To Reduce Competition Or Fix The Prices. Second To Maintain Standards Of Licensee Competency Cma Comparative Market Analysis;Not An Appraisal; Designated Agent A Person Authorized By The Broker To Act As The Agent Of A Specific Principal. Designated On-Site Supervisor 5 Years Licensee Ministerial Task Does Not Involve Discretion Or Exercise Of The Licensee Statutory Agent Licensee T...

The ownership of a condominium unit differs from that of an ownership interest in a cooperative apartment project in which of the following ways? you can be deeded fee simple title on a condominium unit If you are a licensee selling your own real property, you must: include a contract provision informing prospective buyers of your interest in the property If an attorney also has an insurance license and a real estate broker's license, in one transaction he can legally collect: broker's fee a...

What are the DE specific protected classes? Creed Age Income Marital status Gender identity Sexual orientation What are the 3 required disclosures for DE? Radon Lead paint Real property condition For property description we use... Lot and block and metes and bounds the redemption period for tax monition sales in DE is 90 days DE is a __________ theory state lien DE deeds have to be acknowledged in DE transfer tax is the highest at ___% if the purchase price 4% = 2.5% state + 1.5% City/Coun...

On the surface, most brokers may seem pretty similar. So it's up to you to do a little probing to discover what makes one broker different than another. That's where you'll start to determine if you and the broker are a good fit. Which five of these areas should you inquire about when looking for a broker? 1. Reputation 2. Policies and Procedures 3. Training Program 4. Culture 5. Specialites One recommendation for finding a broker who works as hard as you will to avoid liability is to review...

Loan to Value Ratio Amount of the loan vs value of real estate Who is the Devisee under a Will? Devisee under will is person who receives property under a will (maker of will is devisor) What are the Requirements for a valid deed in DE The deed has to be in writing The deed has to describe property with specificity The deed must have the name of grantor and grantee The deed must be signed and must be acknowledged(notarized) What are the advantages vs. disadvantages of investing in Real Est...

If a workers license is revokes, then all salespersons working under this broker will have the license suspended How many days notice must be given to terminate a lease 60 days How long does somebody have to make application for real estate licnesure 1 year from completion of the prelincensing course The property disclosure form is required to be filled out by all sellers including for sale by owner When asked in writing by a buyer, which topic must a real estate agent refrain from talking a...

Your client tells you that the home inspection has been done, and the home passed with no problems reported. You're surprised, since you'd pointed out a couple items you thought would come up on the inspection report. You weren't at the appointment, but later you discover that the home inspector had the flu that day, and sent a trainee to complete the assignment without informing your client. Why is this illegal in Delaware? Trainees must be directly supervised by a licensed home inspector an...