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Exam (elaborations)

301 NC Post-licensing Questions And 100% Correct Answers Guaranteed A+ pass

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  • Module
  • 301 NC Post-licensing
  • Institution
  • 301 NC Post-licensing

301 NC Post-licensing Questions And 100% Correct Answers Guaranteed A+ pass Can an inactive agent be paid a referral commission if they were active at the time they made the referral? - Answer-Yes. If and only if they were active at time of referral Must Dual Agency be in writing? - Answe...

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  • January 5, 2025
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • 301 NC Post-licensing
  • 301 NC Post-licensing
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301 NC Post-licensing Questions And 100%

Correct Answers Guaranteed A+ pass




Can an inactive agent be paid a referral commission

if they were active at the time they made the

referral? - Answer-Yes. If and only if they were active

at time of referral




Must Dual Agency be in writing? - Answer-Before an

offer is made, Yes. Dual agency must be in writing

and signed by both parties

,At a listing appointment, the agent should be

gathering all information for listing and what? -

Answer-Advertising




May a BIC and their Provisional Broker enter into

dual agency together? - Answer-No. Because the

BIC oversees the PBs transactions, this would be a

conflict of interest




When must all agency be "Written" - Answer-Prior to

first offer

, Are all in-house transactions Dual Agency? -

Answer-No. The exceptions would be Seller Sub

Agency or Unrepresented Buyers




Can The Real Estate Commission fine brokers? -

Answer-No. They can only reprimand, suspend, and

revoke licenses




Who can sue agents civilly for monetary

compensation? - Answer-Principles of a transaction

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