POWER HOUSE TRAINING: CHAPTER 4 questions with correct answers

Net Listing CORRECT ANSWER-Under such listings, the seller establishes a minimum, acceptable net price Open Listing CORRECT ANSWER-This listing gives the seller the right to list the property with multiple competing brokers and to sell the property personally without liability for payment of a commission Senate Bill 489 CORRECT ANSWER-Subagency disclosures are more stringent due to this law Subagency CORRECT ANSWER-When a license holder is not associated with the seller's broker buy is representing the seller through a cooperative agreement with the seller's broker Listing Agreement CORRECT ANSWER-an employment contract used by sellers to employ a real estate broker, or brokerage firm, to find a buyer for their property Listings are the key to success in real estate. True or False? CORRECT ANSWER-True Typically, sellers focus on.... CORRECT ANSWER-list price, commission rates, marketing, and the real estate agent's experience The Listing Presentation should cover.... CORRECT ANSWER-your qualifications, the brokerage you work for, info about the local housing market, how the seller's home fits into that landscape, and what you will do to market the seller's property if you were to get the listing