Exam (elaborations)
45 Hour Post License Final Exam Questions And Answers Graded A+ 2024/2025
- Course
- Institution
45 Hour Post License Final Exam Questions And Answers Graded A+ 2024/2025
[Show more]
Content preview
45 Hour Post License Final ExamIf an appraisal falls brief of the wished cost to shut the deal, one of 4 effects could result.
Which one of the following is NOT one of these 4? - ANSThe supplier would enhance the
promoting price as a way to make up for the shortfall.
Which of the subsequent steps might no longer be common to finish a mail away final? -
ANSthe agent could sign up the absent men and women behalf
Your buyers' lender tells you that your customer will qualify for a loan up to $359,000. The
lender cautioned you that this changed into based totally on the house no longer positioned
in a flood sector and no more than $one hundred fifty a month in HOA prices. The customer
turned into searching on line and observed a residence placed in a popular neighborhood.
When you pull the listing records you find out that the house is most effective $336,000
however is in a Flood Zone "A" and HOA fees are $three hundred a month. Which is the
exceptional route of motion to take? - ANSContact the purchaser's lender to study the facts
about the assets and schedule a displaying to coincide right away after the anticipated
reaction time from the lender.
What is the formulation to calculate how many leads are needed to generate clients? -
ANSClients Required ÷ Lead Conversion %
Stacey employed a real property licensee to market it a domestic for sale within the MLS and
to deal with the contract. However, the seller deliberate to address their very own showings
and open houses and did now not want to pay the agent for those offerings. Which type of
list agreement might be appropriate? - ANSLimited list settlement
Asking a consumer: "What's the one factor this is maintaining you from transferring
forward?" is an example of ___. - ANSisolate the objection
You are working with Alana, a customer, that desires to buy a resale apartment everywhere
on Longboat Key. She has narrowed it down to 2 gadgets in special apartment tendencies.
As the client's agent, you need to make sure she receives ____ within three days for
whichever rental she enters right into a settlement. - ANSMost latest 12 months-cease
monetary document, Governance shape
A customer received a clear to shut from his lender. Which of the following could NOT
nonetheless want to be completed? - ANSearnest money deposit
Per the statute - while a condominium is bought or re-bought, unique documents must be
furnished from the vendor to the client. The seller of latest condo's must offer the buyer with
five-6 special required files. Re-supplier ought to provide the client with 7 distinct required
documents. Which of the subsequent is most effective required on new condo sales? -
ANSEstimated Operating Budget
, You are working with customers, Tina and Jeff. You explain to them you will furnished them a
list of up to 20 houses that maximum closely match their wants and needs. They want to
narrow the listing right down to the pinnacle 6. You tell them you will show them 6
exceptional houses. If they purchase one of those 6 you will provide them $six hundred out
of your commission. Under RESPA and TILA this is ___. - ANSOkay, if treated efficiently and
disclosed to all events.
Real property agent Belle became arrested for theft whilst in California. Which of the
subsequent is real concerning the situation? - ANSAgent Belle would have up to 30 days to
record the violation to the DBPR.
A couple is on the town on a "shopping for" trip. You pick out out homes listed within the a
couple of list carrier based on a wishes evaluation and spend the weekend showing them
houses. One home is of hobby to them, but they go away city with out making an offer. You
agree to ship them different alternatives through e-mail. The next day they call and ask you
to discover solutions they now have regarding the house they'd visible and favored. Upon
contacting the list agent, the agent informs you that some other actual property agent has
contacted her for the same buyers. However, that agent has no longer clearly proven them
the house. If the consumers buy the home using the opposite agent, what's the in all
likelihood outcome? - ANSYour broker might pursue price from the listing dealer siting
buying motive.
Agent Cinderella just got her real estate license however wasn't geared up to begin working
as an agent yet. Which of the subsequent should she now not do? - ANSDon't fear about the
forty five-hour publish-license direction till she starts running.
Agent May wanted to become a broker-companion. Steps to do so consist of all the following
except: - ANS*1) Take a 63-hour pre-licensing income course.*
2) Have finished 2 out of the previous 5 years as an lively real estate income accomplice
licensee, both inside or out of doors of Florida.
3) Submit an software to the DBPR.
4) Pass the country broking examination.
You are doing a consumer presentation for Connie. You tell her that, "I paintings for one
among the biggest brokerages in town. This method that I even have undergone the nice
education possible to make sure that I am looking out on your high-quality pastimes!" This is
which step inside the client presentation and is also taken into consideration? - ANSStep 3;
Buyer Feature Benefits
Which declaration is true approximately prospecting for consumers? - ANS*1) Prospecting
for consumers is simpler than prospecting for dealers.*
2) Prospecting for sellers is less difficult than prospecting for shoppers.
Three) Prospecting for shoppers has a miles lower go back on output than prospecting for
sellers.
Four) Spending 85% of a while prospecting for sellers will produce as a minimum eighty
five% greater sellers to work with.
Which responsibilities are all licensees bound to? - ANS1) Loyalty
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 Tutor96. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. 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
