NC 30-Hour Post Licensing Course 301 Overview Notes Questions And Answers
0 view 0 purchase
Course
Post licensing 301
Institution
Post Licensing 301
NC 30-Hour Post Licensing Course 301
Overview Notes Questions And Answers
.When you use a comparative market analysis to calculate a suggested listing price range for a
particular property, which of the following actions will you take?
A.Adjust prices from all properties listed or sold within...
NC 30-Hour Post Licensing Course 301
Overview Notes Questions And Answers
.When you use a comparative market analysis to calculate a suggested listing price range for a
particular property, which of the following actions will you take?
A.Adjust prices from all properties listed or sold within a one-mile radius of the subject property.
B.Calculate a price range based on data from expired listings and pending sales.
C.Use adjusted prices from comparables and refine a range using active listings, expired listings,
and possibly pending listings.
D.Use adjusted prices from comparables and refine a range using active listings, expired listings,
and possibly pending listings. C. Use adjusted prices from comparables and refine a range
using active listings, expired listings, and possibly pending listings.
Trinity represents a buyer who is interested in one of Trinity's new listings. Which of these
statements about dual agency consent is correct?
A. Only the seller's consent must be in writing throughout the transaction.
B. The buyer's verbal consent is adequate until an offer to the seller is accepted.
C. Trinity must obtain written dual agency consent from both parties before presenting an offer
from the buyer to the seller.
, NC 30-Hour Post Licensing Course 301
Overview Notes Questions And Answers
D. Trinity must obtain written dual agency consent from both parties before showing the house to
this buyer. C. Trinity must obtain written dual agency consent from both parties before
presenting an offer from the buyer to the seller.
Which one of the following is an example of a North Carolina seller's agent carrying out the duty
of loyalty?
A. Harry ensures his clients know about any potential issues that might interfere with a smooth
transaction, including any possible conflicts of interest Harry might have.
B. Jared receives an offer from a buyer and makes some reasonable inquiries into that buyer's
financial readiness.
C. Lindsay advises her client against reducing the sale price on the listing, but then processes the
discount as her client requested.
D. Sandra refuses to share information about her client's motivation to sell with the buyer's agent,
even when asked. C. Lindsay advises her client against reducing the sale price on the
listing, but then processes the discount as her client requested.
Which one of the following statements is NOT an example of a North Carolina buyer agent
carrying out the duty of obedience?
, NC 30-Hour Post Licensing Course 301
Overview Notes Questions And Answers
A. Brian doesn't think that his buyer client should submit an offer that high, but after advising
him, he submits the offer that his client wants.
B. Carl's client Gerard wants to buy a house and be settled quickly, so Carl seeks out listings that
include the terms "motivated seller."
C. Theo lines up a showing of a home that has all the items on his buyer's wish list, even though
the commission split is far less than he normally sees.
D. Trevor schedules an open house for his seller clients for the following Saturday over his
clients' protests, because he knows that Saturday open houses are well-attended. D. Trevor
schedules an open house for his seller clients for the following Saturday over his clients' protests,
because he knows that Saturday open houses are well-attended.
You're holding an open house for your seller, and a prospective buyer walks in. The buyer begins
asking you about the property's value in relation to others for sale. You offer to show the other
properties to the buyer. What agency violation, if any, have you committed?
A. Failed to demonstrate undivided loyalty to the seller, acted as an undisclosed dual agent, and
did not disclose agency relationship
B. Failed to disclose an agency relationship
C. Neglected the duty of single-marketing
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller UpperClass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
