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PA Real Estate Salesperson Exam - State Portion Exam Prep 2025 Questions with 100% Correct Answers Verified Answers Updated 2025 / 2026 $12.99
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PA Real Estate Salesperson Exam - State Portion Exam Prep 2025 Questions with 100% Correct Answers Verified Answers Updated 2025 / 2026

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  • PSI PA State Real
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  • PSI PA State Real

PA Real Estate Salesperson Exam - State Portion Exam Prep 2025 Questions with 100% Correct Answers Verified Answers Updated 2025 / 2026

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  • February 8, 2024
  • 21
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • PSI PA State Real
  • PSI PA State Real
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NurseFerian
PA Real Estate Salesperson Exam - State Portion

Exam Prep

1. AGENCY RELATIONSHIP: A relationship whereby the broker or

licensees in the employ of the broker act as fiduciaries for a consumer

of real estate services by the express authority of the consumer of real

estate services.

2. ASSOCIATE BROKER: A broker employed by another broker.

3. BROKER: Any person who, for another and for a fee, commission

or other valuable consideration:



(1)negotiates with or aids any person in locating or obtaining for

purchase, lease or an acquisition of interest in any real estate;



(2)negotiates the listing, sale, purchase, exchange, lease, time share

and similarly designated interests, financing or option for any real

estate;



(3)manages any real estate;
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,(4)represents himself to be a real estate consultant, counselor, agent or

finder;



(5)undertakes to promote the sale, exchange, purchase or rental of

real estate: Provided, however, That this provision shall not include

any person whose main business is that of advertising, promotion or

public relations;



(5.1) undertakes to perform a comparative market analysis; or



(6)attempts to perform any of the above acts.

4. BUILDER-OWNER SALESPERSON: Any person who is a full-time

employee of a builder-owner of single and multifamily dwellings located

within the Commonwealth and as such employee shall be authorized

and empowered to list for sale, sell or offer for sale, or to negotiate the

sale or exchange of real estate, or to lease or rent, or offer to lease,

rent or place for rent, any real estate owned by his builder-owner

employer, or collect or offer, or attempt to collect, rent for the use of real

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, estate owned by his builder-owner employer, for and on behalf of such

builder-owner employer.

5. BUYER AGENT: Any licensee who has entered into an agency

relationship with a consumer buyer of real estate.

6. CAMPGROUND MEMBERSHIP: An interest, other than in fee simple or

by lease, which gives the purchaser the right to use a unit of real

property for the purpose of locating a recreational vehicle, trailer, tent,

tent trailer, pickup camper or other similar device on a periodic basis

pursuant to a membership contract allocating use and occupancy rights

between other similar users.




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