Bob Hogue Unit 5 Practice Questions And Correct Answers
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Bob Hogue
Institution
Bob Hogue
Bob Hogue Unit 5 Practice Questions And
Correct Answers
1. A brokerage office must be at least ______________ enclosed room that will provide
______________ to conduct negotiations and close real estate transactions. - answer1. one,
privacy
2. A broker may have an office in the broker's reside...
Bob Hogue Unit 5 Practice Questions And
Correct Answers
1. A brokerage office must be at least ______________ enclosed room that will provide
______________ to conduct negotiations and close real estate transactions. - answer✔✔1. one,
privacy
2. A broker may have an office in the broker's residence provided local ______________ allows
such activity and the broker's ______________ is displayed at the entrance to the office. -
answer✔✔2. zoning,
sign
3. Registrations issued to branch offices are ______________ transferable to a different
______________. - answer✔✔3. not,
location
4. Sales associates are _____ permitted to open offices of their own. They must be registered
from and work out of an office maintained and registered in the name of their _____________. -
answer✔✔4. not,
employer
5. List three items that must be on all real estate office entrance signs.
1. _______________
2. ______________
3. ______________ - answer✔✔5. Trade name (if one is used),
broker's name,
licensed (lic.) real estate broker
6. If the sales associates' names are listed on the office sign,
■ the names must be ______________ the name of the broker,
■ there must be an observable ______________ or ______________ to separate the broker's
name from the associates' names, and
■ the __________ __________ must be included next to each associate's name. - answer✔✔6.
below,
line,
space,
license type
7. Kimberly is a sales associate with Fast Results Realty. Kimberly is bilingual and she wants to
use her language skills to attract international customers. Kimberly decides to form an
international team within her broker's company. She and two other sales associates refer to
themselves as Your International Team. Your International Team has business cards designed
with the team member's names, contact information, and the name Your International Team.
Open house signs are designed with the name Your International Team and the team member's
contact information. A disgruntled sales associate who was not invited into the team files a
complaint with the DBPR. What is the likely result of the complaint?
The DBPR will agree that the advertising by Your International Team is a violation of the team
advertising rule because the name of the ____________ _______ is not included on the business
cards and open house signs. - answer✔✔7. brokerage firm
8. Circle the corresponding letter(s) to indicate which information must be included in an
advertisement for a listed property.
a. Name of the listing agent
b. Address of the brokerage office
c. Name of the brokerage firm - answer✔✔c. Name of the brokerage firm
9. Jed Smith is a member of the Results Team at ABC Realty. Jed is a licensed sales associate
who is registered with the DBPR under his legal name, Jedidiah Smith; however, he uses the
name Jed. Jed's cell phone number is 444-111-2222. The Results Team's phone number is 444-
123-4567. ABC Realty's phone number is 444- 222-3333. Jed is writing a classified ad and he
wants prospects to either call him or the team directly. Circle the corresponding letter(s) to
indicate which information Jed must include in the classified advertisement.
a. Call Jed Smith
b. 444-123-4567 (The Results Team's direct line)
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