WRA FINAL EXAM WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
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Course
WRA
Institution
WRA
Which of the following is a duty ONLY to a client? - Accurate AnswersLoyalty represents interest.
Which of the following Services should NOT be performed for a buyer customer? - Accurate AnswersCreating a market analyst of the property the buyer wishes to purchase.
Which of the following woul...
WRA FINAL EXAM
WRA FINAL EXAM WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
Which of the following is a duty ONLY to a client? - Accurate
Answers✔✔Loyalty represents interest.
Which of the following Services should NOT be performed for a buyer
customer? - Accurate Answers✔✔Creating a market analyst of the
property the buyer wishes to purchase.
Which of the following would a buyer's broker NOT be required to
disclose to their client buyer? - Accurate Answers✔✔That the sellers are
getting divorced and need to sell the house quickly.
Without the written consent of supervising broker, agents have the
authority to do which of the following..... - Accurate Answers✔✔Amend
the excluded properties.
,Multiple representation without designated agency is when: - Accurate
Answers✔✔Both seller and the buyer are clients of The Brokerage
company in the same transaction.
In which of the following situations would an agency disclosure NOT be
required? - Accurate Answers✔✔A listing agent answers a prospective
buyers basic questions at an open house.
Licensees are required to disclose: - Accurate Answers✔✔Both known
and possible material adverse facts.
Is selling agent has given the buyer information on the real estate market
and suggested a purchase price for the buyer's offer. The selling agent
has likely created what type of agency with the buyer? - Accurate
Answers✔✔Implied agency
In a typical listing contract, the seller is the: - Accurate
Answers✔✔Client
Which of the following creates an Express agency? - Accurate
Answers✔✔Property Management agreement.
All listing and sub-agents have a responsibility to seller under: -
Accurate Answers✔✔Law of agency
, Broker Moore heavy listing contract with Sarah. Nancy goes to Sarah's
open house and decides she wants to make an offer on the house. Nancy
who does not have an agency agreement with any other broker, ask
Broker Moore to write the offer. Which of the following CORRECTLY
identifies the relationship between Broker Moore and Nancy? - Accurate
Answers✔✔Nancy is Broker Moore's customer.
All of the following are duties to all parties EXCEPT? - Accurate
Answers✔✔Duty to negotiate
When presenting an offer to a For Sale by Owner (FSBO), a Buyer's
Broker will be required to provide the seller which form? - Accurate
Answers✔✔Broker Disclosure to Customers
Which of the following Services May broker provide without an agency
agreement? - Accurate Answers✔✔Answer a buyer's questions about the
location of the property.
A broker is allowed to act in a multiple representation relationship when:
- Accurate Answers✔✔Both clients in the transaction consent in writing
to the multiple representation.
Which of the following is the type of agency model where the brokerage
company only has one client in the transaction? - Accurate
Answers✔✔Single Agency
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