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California Real Estate Practice 11b Questions And Answers With Verified Solutions Already Passed Rated A+ $15.49   Add to cart
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California Real Estate Practice 11b Questions And Answers With Verified Solutions Already Passed Rated A+
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  • Course
  • California Real Estate
  • Institution
  • California Real Estate

California Real Estate Practice 11b Questions And Answers With Verified Solutions Already Passed Rated A+

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  • October 9, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • in a buyers market
  • california real estate practice 11b questions and
  • what is the dominant emphasis of the real estate p
  • which of the following industries benefit from a s
  • real estate licensees may als

Written for

  • California Real Estate
  • California Real Estate

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California Real Estate Practice 11b
Questions And Answers With Verified
Solutions Already Passed Rated A+
What is the dominant emphasis of the real estate profession? -
ANSWER✔✔Identifying and fulfilling the needs of others.

Which of the following industries benefit from a strong real estate market -
ANSWER✔✔(A)Architecture and design
(B)Lumber
(C)Pest control
(D)All of the above *

In a buyer's market, - ANSWER✔✔there are many sellers and few buyers.

The real estate profession has been undergoing significant change in recent years.
This change includes: - ANSWER✔✔(A)Better-trained and technology-oriented
salespeople.
(B)Greater use of the Internet by homebuyers as well as for marketing.
(C)Greater use of email and fax messages to transmit information and contracts.
(D)All of the above. *

Discount brokerage firms tend to be more successful in: - ANSWER✔✔a seller's
market, with few sellers and many buyers.

A unique system of cooperation among brokers that allows one broker to show and
sell a listing of any other member broker is called: - ANSWER✔✔Multiple Listing
Service (MLS)

Real estate licensees may also act as agents in: - ANSWER✔✔the sale of office
buildings, retail stores, or warehouses.

Although the working relationship of the salesperson is that of an independent
contractor, salespersons are actually: - ANSWER✔✔employees of the broker and
not independent contractors.

, Real estate salespeople often team up with another salesperson to form a selling
team. An advantage of such an arrangement is: - ANSWER✔✔(A)Partners receive
more steady income flow because there is a greater likelihood of income being
earned every month.
(B)The needs of clients are better served because of the greater availability of team
members.
(C)Team members are motivated because they share in each other's successes.
(D)All of the above. *

A training program in which the new hire assists a successful salesperson for
several months is called a: - ANSWER✔✔mentor program.

Which of the following is TRUE with regard to 100 percent commission offices
and newly hired salespeople? - ANSWER✔✔This type of arrangement is not good
for new hires because it typically means fewer services are provided by the broker
to the agent.

Which of the following is considered a positive and successful attitude? -
ANSWER✔✔(A)Instinctively wanting to expend extra effort to learn, to plan, and
to practice for success.
(B)Being interested in people and truly wanting to help them in meeting their
needs.
(C)Willingness to learn from successful co-workers.
(D)All of the above. *

Which of the following statements is FALSE about professional designations? -
ANSWER✔✔(A)Achieving these designations opens up many opportunities
because they are regarded highly by others.
(B)Professional designations mean nothing to prospective buyers and sellers. *
(C)Achieving designations will increase your confidence as well as your sense of
self-worth.
(D)Some designations relate to general brokerage, while others are for specialized
areas of activity.

Building a special relationship with a successful agent in the office can benefit a
new licensee in which of the following ways? - ANSWER✔✔(A)Developing
his/her own mentor.
(B)Learning from someone who possesses knowledge and experience.

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