Rockwell Real Estate Exam WA 2 Questions and Answers Already Passed

Rockwell Real Estate Exam WA 2 Questions and Answers Already Passed A bathroom contains a toilet, a sink, and a stand-up shower. This would be considered a: A. one-quarter bath B. half bath C. three-quarter bath D. full bath C. three-quarter bath A bathroom with sink, toilet, and stand-up shower is a three-quarter bath A conventional loan can be: A. an ARM B. a 15-year loan C. a 30-year loan D. All of the above D. all of the above A conventional loan is one that is not insured or guaranteed by a government agency. A conventional loan does not have a set term and it may have an adjustable rate. A counteroffer: A. acts as a rejection of the initial offer B. is used to rescind a previously existing contract C. is used only to make an offer contingent on a particular event D. is used when a buyer wants to make an offer where the seller has already accepted an offer A. acts as a rejection of the initial offer A counteroffer is a rejection of the previous offer. Either a buyer or a seller may make a counteroffer, in response to either the initial or previous counteroffer. A dual agent must: A. disclose each party's negotiating position to the other party B. keep each party's negotiating position confidential C. act only as a facilitator, with no agency duties to either party D. receive equal compensation from the two parties B. keep each party's negotiating position confidential Under Washington law, a dual agent must not disclose either principal's confidential information to the other. Information about each party's negotiating position (for example, the highest price the buyer would actually be willing to pay) does not fall within the definition of material facts; as a result, a dual agent can and must keep that information confidential. A homeowner preparing his home for sale should do all of the following except: A. fi any broken fences and railings B. repaint interior walls in a bright primary color C. replace old, stained carpeting D. mow lawn and prune trees and shrubs B. repaint interior walls in a bright primary color When showing a home, neutral colors are considered best