Exam (elaborations)
GRI Exam – Questions & Answers (100% Correct)
GRI Exam – Questions & Answers (100% Correct)
[Show more]
Content preview
GRI Exam – Questions & Answers (100% Correct)The Do Not Call Act Prohibits Calls to -- ✔️Ans - residential and cell
phone numbers registered with Federal Trade Commission.
Do Not Call Act Exception include: ✔️Ans - Call may be placed for up to
18 months after the last transaction to a consumer with an established
business relationship.
A consumer who made an inquiry may be called for up to 3 months from
the initial inquiry.
A consumer who has given written permission
CAN-SPAM set--- ✔️Ans - rules for all sending commercial email.
CAN SPAM requires all commercial email to contain: ✔️Ans - An opt out
Mechanism which is to remain active for at least 30 days after the message
transmission.
A clear and conspicuous notice that the message is an advertisement.
A legitimate return email address
A valid physical
In the sales process, the listing agent is most responsible for- ✔️Ans -
Marketing the property
The NAR 2012 Home Buyer and Seller Survey, reports that the successful
sale of FSBO properties increases slightly to 6% when: ✔️Ans -
eliminating material relationship transactions.
Per NAR Survey the number 1 reason that seller attempt to sell their
property FSBO is: ✔️Ans - their reluctance to pay a commission
3 types of behaviour that can be displayed and encourage when in a
negotiation ✔️Ans - Red, Blue and Purple
What color is recognized as representing a win-win behaviour ✔️Ans -
Purple
, Two types of negotiation strategies are: ✔️Ans - adversarial and
interest-based.
Interest-based is recognized as ✔️Ans - producing win-win results.
BATNA stand for-- ✔️Ans - Best Alternative to a Negotiated Agreement
BATNA is the best option if the current negotiation ✔️Ans - fails
When conducting a negotiation, it would be considered prudent practice to:
✔️Ans - Ask effective questions
Explain the process to your client
Ask for a concession in return for giving one
A REALTOR must ✔️Ans - take responsibility for what is conveyed to all
parties and prevent their personal opinions from causing the buyer and
seller to dislike each other.
When counter-offering you should ✔️Ans - avoid negotiating down to
only one item - if the only thing you are negotiating is price, you lose
Leverage.
To maintain your reputation and gain the respect of all the parties in the
negotiation, a REALTOR should ✔️Ans - Keep all appointments
Return calls in a timely manner
fulfill promises
Technology Tools to build your busines ✔️Ans - About.me
City-Date.com
Google Alerts (www.google.com/alert)
Mention.net
Trulis.com
Zillow.com
Largest provided of E-forms? ✔️Ans - ZipForm- Exclusive form software
to NAR
When an agent use TBD in a contract ✔️Ans - The contract will be void
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 Studyhall. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$13.97. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73314 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now