Gri stuvia Study guides, Class notes & Summaries
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GRI Brokerage Exam Questions &Answers 100% Correct!!
- Exam (elaborations) • 3 pages • 2023
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How do company policies benefit you? - ANSWER-Understand environment where you practice 
 
What do company policies help you understand? - ANSWER-Protect you and limit your liability 
 
What should a broker always have? - ANSWER-Someone who knows the rules who is always avaialble to answer question or review paperwork 
 
What policies are important when joining a broker? - ANSWER-Training/meetings, lead generation, fees, marketing provided 
 
What are the benefits of previewing properties? - ANS...
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GRI Brokerage Exam Questions &Answers 100% Correct
- Exam (elaborations) • 5 pages • 2023
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Over the years, the Code of Ethics has grown and changed, but it has maintained the basic premise on which it was written: - ANSWER-SERVICE TO THE PUBLIC. 
 
The structure of the Code of Ethics includes: - ANSWER-Preamble, Articles 1-9, is based on the Golden Rule, ALL OF THE ABOVE 
 
The Code of Ethics is reviewed how frequently? - ANSWER-ANNUALLY 
 
Which of the following is not true regarding implementation of the Code of Ethics? - ANSWER-Keep a current copy of the COE in your office, 
Read t...
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GRI Exam 2023-2024 Questions & Answers 100% Correct!!
- Exam (elaborations) • 7 pages • 2023
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GRI Standards are required for all reports or other materials published that apply the GRI framework on or after ____. - ANSWER-July 1, 2018 
 
Updates to GRI nomenclature because of the update to Standards: 1) 'indicator' is now ___; 'aspect' is now ___. - ANSWER-disclosure; topic 
 
One of the most significant updates in GRI Standards is ____. - ANSWER-clarification of the definition of 'impact'; a report should focus on the impacts that the organization has on the economy, environment, ...
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GRI Exam 2023-2024 Questions and Answers
- Exam (elaborations) • 6 pages • 2023
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GRI Standards are required for all reports or other materials published that apply the GRI framework on or after..... - ANSWER-July 1, 2018 
 
Updates to GRI nomenclature because of the update to Standards: 1)'indicator' is now...; 'aspect' is now... - ANSWER-Disclosure...topic 
 
One of the most significant updates in GRI Standards is... - ANSWER-clarification on the term "impact" - A report should focus on the impacts that the organization has on the economy, environment and society, ins...
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GRI - Contracts to Closing Questions & Answers 100% Correct
- Exam (elaborations) • 5 pages • 2023
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GRI - Contracts to Closing Questions & Answers 100% Correct GRI - Contracts to Closing Questions & Answers 100% Correct GRI - Contracts to Closing Questions & Answers 100% Correct GRI - Contracts to Closing Questions & Answers 100% Correct 
TREC requires license holders to ABIDE by (TREC 535.16(c) - ANSWER-License holder is obligated to provide a broker price opinion or CMA when "negotiating a listing" or offering to purchase the property. 
 
TREC provides additional GUIDANCE in (TREC 535.17)...
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GRI 2023-2024 Standards with Complete Solutions(SCORED A+)
- Exam (elaborations) • 7 pages • 2023
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GRI Standards 8 reporting principles - ANSWER-Accuracy, balance, clarity, comparability, completeness, sustainability context, timeliness, and verifiability 
 
9 reporting requirements for reporting in accordance with - ANSWER-Requirement 1: Apply the reporting principles 
Requirement 2: Report the disclosures in GRI 2: General Disclosures 2021 
Requirement 3: Determine material topics 
Requirement 4: Report the disclosures in GRI 3: Material Topics 2021 
Requirement 5: Report disclosures from t...
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GRI Marketing Exam Questions & Answers 100% Correct
- Exam (elaborations) • 6 pages • 2023
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GRI Marketing Exam Questions & Answers 100% CorrectGRI Marketing Exam Questions & Answers 100% CorrectGRI Marketing Exam Questions & Answers 100% CorrectGRI Marketing Exam Questions & Answers 100% Correct 
All are potential lead sources EXCEPT: - ANSWER-FSBOs, Expired Listings, Direct Mail, YOUR TOP 25. 
 
In TREC Rule 535.17, a real estate salesperson is permitted for a fee to perform a CMA that does not conform to the USPAP provided the CMA contains the statement "THIS IS A BROKER PRICE OPINI...
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GRI 102 Starting your business Contacts to Contracts with Complete Solutions
- Exam (elaborations) • 5 pages • 2023
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GRI 102 Starting your business Contacts to Contracts with Complete Solutions GRI 102 Starting your business Contacts to Contracts with Complete Solutions GRI 102 Starting your business Contacts to Contracts with Complete Solutions 
A real estate license's image - ANSWER-Should match your company image 
 
Which self-promotion tries net the best results - ANSWER-The fifth six and seventh 
 
Identify the five different types of buyers. - ANSWER-First time buyers, 
move up, 
vacation/second home...
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GRI 103 Exam Questions & Answers 100% Correct!!
- Exam (elaborations) • 1 pages • 2023
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Five Basic Negotiation Styles are.... - ANSWER-1) Competing 2) Avoiding 3) Compromising 4) Collaborating 5) Accommodating 
 
Negotiators can be classified as ...... - ANSWER-1) Soft - get along 2) Hard - goal to win for their side 
 
Critical Elements of Negotiation...... - ANSWER-Time, Information, Power (TIP) 
 
Time.... - ANSWER-refers to period of time negotiation takes place 
 
Information.... - ANSWER-refers to the best prepared negotiator. Negotiator whom has the most information and guid...
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GRI - Contracts to Closing Questions & Answers 100% Correct (GRADED A+)
- Exam (elaborations) • 5 pages • 2023
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TREC requires license holders to ABIDE by (TREC 535.16(c) - ANSWER-License holder is obligated to provide a broker price opinion or CMA when "negotiating a listing" or offering to purchase the property. 
 
TREC provides additional GUIDANCE in (TREC 535.17) - ANSWER-License holder may not perform an appraisal of, or provide an "opinion of value" for a real property. Realtors do "pricing." 
 
When a lender orders an appraisal, they may employ an AMC - ANSWER-AMC - Appraisal Management Co. 
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