Wi real estate sales exam - Study guides, Class notes & Summaries

The listing broker is the seller's - ANSWER-agent A licensee writes an offer for a buyer on the licensee's listing. The buyer is the licensee's - ANSWER-customer When a firm is representing only one side of the transaction, the firm is practicing what type of agency? - ANSWER-Single agency Multiple Representation may only occur if - ANSWER-there is full written consent and disclosure from all parties A broker shall provide a copy of the disclosure form to a client: - ANSWER-no lat...

Wisconsin Real Estate Exam Questions & Answers 100% accurate!. The foundation upon which real estate brokerage is practiced - ANSWER-Agency A legal and ethical relationship created between a real estate firm and a party to a transaction; the party may be a buyer, seller, landlord, or tenant - ANSWER-Agency Relationship A written agreement between a firm and a client; the client authorizes the firm to provide brokerage services to the client - ANSWER-Agency Agreement What are two age...

Wisconsin Real Estate Exam 2023-2024 Questions and Answers 100% CorrectWisconsin Real Estate Exam 2023-2024 Questions and Answers 100% CorrectWisconsin Real Estate Exam 2023-2024 Questions and Answers 100% CorrectWisconsin Real Estate Exam 2023-2024 Questions and Answers 100% Correct The foundation upon which real estate brokerage is practiced - ANSWER-Agency A legal and ethical relationship created between a real estate firm and a party to a transaction; the party may be a buyer, seller, ...

The foundation upon which real estate brokerage is practiced - ANSWER-Agency A legal and ethical relationship created between a real estate firm and a party to a transaction; the party may be a buyer, seller, landlord, or tenant - ANSWER-Agency Relationship A written agreement between a firm and a client; the client authorizes the firm to provide brokerage services to the client - ANSWER-Agency Agreement What are two agency agreements? - ANSWER-Listing Agreement Buyers Agency Agreemen...

Wi Real-estate 2024 EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED Which of the following is NOT typically considered client funds? - Answer -Security deposits collected by a property owner A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? - Answer -The firm cannot draft an escrow agreement for the buyer and seller. Which of the following does NOT create a voidable contract? - Answer -A counter-offer signed ...

Wi Real-Estate Exam Questions And Correct Answers Which of the following is NOT typically considered client funds? - Answer -Security deposits collected by a property owner A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? - Answer -The firm cannot draft an escrow agreement for the buyer and seller. Which of the following does NOT create a voidable contract? - Answer -A counter-offer signed by an authorized power...

WI Real Estate EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED Progression - Answer -The appraisal principle that a dilapidated property will gain value when the surrounding properties are well kept. Competition - Answer -The appraisal principle that states that two similar businesses attract more customers when within close proximity than they would separately During the appraisal process the appraiser will never adjust the price of the subject property - Answer - Highest and Be...

FLORIDA REAL ESTATE SALES ASSOCIATE EXAM REVIEW WITH COMPLETE SOLUTIONS RATED A+

Yes, because the city is using its power of eminent domain for public good. - ANSWER-A city acquires a 10-foot strip of a property owner's land for a public walking trail. The owner's home is not affected and she is able to use the land. Is the homeowner eligible for compensation? 60 hour post license course - ANSWER-Broker Bill takes his Broker course and passes it. He applies and gets his license on time. He pays all his fees and begins to work. ( He does not have a 4 year degree in real ...