Real Estate Express

Real Estate Express exam 2023 with 100% correct answers

Which agency in Illinois has responsibility for licensing schools and instructors? Training and Development Department Division of Real Estate Standards Council Advanced Advisory Council - correct answerDivision of Real Estate Which of the following is NOT an activity included in the definition of Broker? Sells, exchanges, purchases, rents, or leases real estate. Negotiates the sale, exchange, purchase, rental, or leasing of real estate.

Real Estate Express exam 2023 with 100% verified answers

Real Estate Express exam 2023 with 100% verified answers

Real Estate Express exam 2023 with 100% verified answers

Real Estate Express exam 2023 with 100% verified answers

Real Estate Express exam 2023 with 100% verified answers

At least that goes month to month is known as - correct answeran state from period to period Madison Davidson negotiate it for a $30,000 loan with $200 monthly payments, plus 9% interest. in this case what is the monthly interest in the first month - correct answer$225 1st you take $30000 in multiply it by 9% for the total annual interest paid or $2700. Divide that by 12 months for the total of $225 per month entries payment Typically a listing broker is usually considered to be? - corre...

Advisory service provider - correct answerBroker works on projects in exchange for a fee salary or retainer. Comps, database search, prospect screening, site analysis. Real estate activities - correct answerCreate, improve, manage, maintain, demolished, on, regulate, transfer real properties Forms of specialization - correct answerBuy property type, geography, type of transaction, type of client, form of business, form of client relationship Professional organizations - correct answerPr...

A violation of a Commission rule is -subject to a reprimand for an initial offense. also considered a civil offense and subject to similar disciplinary action. -considered breaking the law and requires a hearing before the judicial board. -considered the same as violating the license law itself. - correct answerconsidered the same as violating the license law itself. In the event of a Commission vacancy -the governor appoints a new member. -the remaining members elect a replacement ...