Florida Real Estate 45 Hour Post License Practice (A+
Graded Already) / Latest ( 2024/ 2025) A++
To clearly create standards of behavior within a company, which of the following would be a
good idea? 1) [CORRECT ANSWER] Create company manuals.
2) Provide mandatory ethics training.
3) Set up anonymous reporting system of other employee's bad behavior.
4) All of the above.
A condo management company can put a lien against property and force foreclosure when an
owner does/does not do what? 1) Doesn't pay their property taxes on time
2) [CORRECT ANSWER] Doesn't pay the condo fees
3) Breaks the lease policy by not getting tenants approved before renting.
4) Breaks the pet policy after 3 written warnings.
An ethics charge within the National Association of REALTORS® may result in which one of
the following? 1) Expulsion from membership with NAR.
2) Mandatory Educations.
3) Letter of warning.
4) [CORRECT ANSWER]Any of the above.
The whole house inspector can send copies of the report to the buyer and the buyer's agent. Then
the buyer's agent should do what? 1) [CORRECT ANSWER] Should include the parts of the
reports detailing the repairs that the buyer wants addressed for the deal to close.
2) Should send a copy immediately to the seller's agent.
3) Should not review the report with their buyer.
4) Should send a copy to the seller without asking the buyer for permission.
Getting inspections done on all structures on the property, including major appliances, plumbing,
electrical, and the roof _______. 1) Requires having several different inspectors do an inspection.
2) Will result in lengthy reports often overwhelming buyers so you shouldn't let them get
everything inspected.
3) Won't find items that pose a risk to the property or to the value of the property.
4) [CORRECT ANSWER] Can usually be done all at once by doing a whole house inspector.
Clara Barton wanted to increase brand loyalty. Where should she share her company policies? 1)
Websites.
2) Marketing brochures.
3) Brochures.
4) [CORRECT ANSWER] All of the above.
You just finished a listing presentation for Joe. He seems impressed, but he says, "Thank-you for
coming tonight. I am going to think things over and let you know what I decide in the morning."
Which of the following phrases would be the best way to start a response based on the 5 Steps of
Objection Handling? 1) "I'll drop my commission by 1% if you list with me today."
,2) "But wouldn't it be better just to get this over with? I promise you I won't let you down."
3) [CORRECT ANSWER] "I understand you want to think over such a big decision. When I
have to make an important decision, I often want to take my time as well. I was wondering..."
4) "I understand. I'll call you in the morning to find out your decision!"
Eye contact during a conversation is an example of what? 1) [CORRECT ANSWER] Body
language
2) Writing skills
3) Verbalizing
4) Listening
Condominium ownership is all of the following except which one? 1) Fee simple ownership
2) Ownership is transferred by deed.
3) Common elements are legally attached and transferred as well.
4) [CORRECT ANSWER] Each owner pays an equal share of the property tax for the whole
building.
Spending 85% of your time prospecting for sellers, according to the National Association of
Realtors® will produce what percentage of buyers? 1) 25%
2) 40%
3) [CORRECT ANSWER] 50%
4) 80%
You are working with a seller and are in contract with a buyer. The appraisal comes back $5,000
below the agreed upon sale price. The buyer wants your seller to reduce the sale price by $6,000.
You and your client decide to dispute the appraisal. When reviewing the Comparable properties,
you realize they were not best choices. Which of the following is not used to appraise properties?
1) Property located within the same neighborhood will hold the most weight - even "better" than
matched properties located outside of the immediate area.
2) Property located within the same school district.
3) Similar properties based on square footage, lot size, condition, age, amenities and
improvements.
4) [CORRECT ANSWER] Number of children living in the neighborhood.
Qualifying as a broker includes all of the following steps except which one? 1) Take a 72-hour
Broker Pre-Licensing Course.
2) Have completed 2 years as an active licensee out of the past 5 years- either within or outside
of Florida.
3) Submit application to the DBPR.
4) [CORRECT ANSWER] Pass a mutual recognition exam.
There are programs offered county by county to help buyers cover down payment and closing
costs. The terms of repayment, if required, vary from program to program. What is this program
referred to as? 1) Federal Aid Programs
2) USD Aid Programs
3) FHA Programs
, 4) [CORRECT ANSWER] Home Buyer Assistance Programs
Agent Rapunzel was out shopping so she didn't have her real estate license on her. She received a
request from a buyer to immediately see a home. What should she do? 1) Tell the buyer that she
can only show homes with a 24-hour notice.
2) [CORRECT ANSWER] Set the appointment out long enough to pick up her wallet license.
3) Tell the buyer that the house is no longer available so that she doesn't look incompetent.
4) Her duty to the seller requires that she immediately show the home.
A loan officer has done a brief interview with a buyer without verifying documentation such as
income. What is this called? 1) Preapproving the buyer.
2) [CORRECT ANSWER] Prequalifying the buyer.
3) Final approval for the buyer.
4) Clear to close.
Agent Ronald had a customer get mad and leave negative feedback on Google. What is the best
response? 1) Reply online about how wrong that person was.
2) [CORRECT ANSWER] Reach out to the person and try to resolve the issue.
3) Get mad and do nothing.
4) Understand that this will sometimes happen.
Concept that 20% of pointed action produces 80% of results is called what? 1) Pharo's Folly
2) Einstein's Principle
3) [CORRECT ANSWER] Pareto's Principle
4) Newton's Law
During the inspection period, how can a buyer walk away from the deal? 1) only if there was an
inspection done that shows any repairs are needed.
2) The buyer must have an inspection done to be able to walk away from the contract.
3) or sue the seller for "specific performance" to make them do the repairs found during an
inspection
4) [CORRECT ANSWER] without penalty for any reason
When would an agency disclosure not have to be provided? 1) To work with a buyer as a single
agent.
2) To work with a seller as a single agent.
3) [CORRECT ANSWER] With buyers entering an open house.
4) To work with a buyer or seller in a no agency capacity.
Which of the following is NOT a triggering term? 1) [CORRECT ANSWER] No down payment.
2) 25% down
3) 90% financing
4) Monthly payments less than $850.
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