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NC 30-Hour Post Licensing Course 301 Overview Notes Questions And Answers

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NC 30-Hour Post Licensing Course 301 Overview Notes Questions And Answers .When you use a comparative market analysis to calculate a suggested listing price range for a particular property, which of the following actions will you take? A.Adjust prices from all properties listed or sold within...

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NC 30-Hour Post Licensing Course 301
Overview Notes Questions And Answers

.When you use a comparative market analysis to calculate a suggested listing price range for a

particular property, which of the following actions will you take?




A.Adjust prices from all properties listed or sold within a one-mile radius of the subject property.

B.Calculate a price range based on data from expired listings and pending sales.

C.Use adjusted prices from comparables and refine a range using active listings, expired listings,

and possibly pending listings.

D.Use adjusted prices from comparables and refine a range using active listings, expired listings,

and possibly pending listings. C. Use adjusted prices from comparables and refine a range

using active listings, expired listings, and possibly pending listings.




Trinity represents a buyer who is interested in one of Trinity's new listings. Which of these

statements about dual agency consent is correct?




A. Only the seller's consent must be in writing throughout the transaction.

B. The buyer's verbal consent is adequate until an offer to the seller is accepted.

C. Trinity must obtain written dual agency consent from both parties before presenting an offer

from the buyer to the seller.

, NC 30-Hour Post Licensing Course 301
Overview Notes Questions And Answers
D. Trinity must obtain written dual agency consent from both parties before showing the house to

this buyer. C. Trinity must obtain written dual agency consent from both parties before

presenting an offer from the buyer to the seller.




Which one of the following is an example of a North Carolina seller's agent carrying out the duty

of loyalty?




A. Harry ensures his clients know about any potential issues that might interfere with a smooth

transaction, including any possible conflicts of interest Harry might have.

B. Jared receives an offer from a buyer and makes some reasonable inquiries into that buyer's

financial readiness.

C. Lindsay advises her client against reducing the sale price on the listing, but then processes the

discount as her client requested.

D. Sandra refuses to share information about her client's motivation to sell with the buyer's agent,

even when asked. C. Lindsay advises her client against reducing the sale price on the

listing, but then processes the discount as her client requested.




Which one of the following statements is NOT an example of a North Carolina buyer agent

carrying out the duty of obedience?

, NC 30-Hour Post Licensing Course 301
Overview Notes Questions And Answers
A. Brian doesn't think that his buyer client should submit an offer that high, but after advising

him, he submits the offer that his client wants.

B. Carl's client Gerard wants to buy a house and be settled quickly, so Carl seeks out listings that

include the terms "motivated seller."

C. Theo lines up a showing of a home that has all the items on his buyer's wish list, even though

the commission split is far less than he normally sees.

D. Trevor schedules an open house for his seller clients for the following Saturday over his

clients' protests, because he knows that Saturday open houses are well-attended. D. Trevor

schedules an open house for his seller clients for the following Saturday over his clients' protests,

because he knows that Saturday open houses are well-attended.




You're holding an open house for your seller, and a prospective buyer walks in. The buyer begins

asking you about the property's value in relation to others for sale. You offer to show the other

properties to the buyer. What agency violation, if any, have you committed?




A. Failed to demonstrate undivided loyalty to the seller, acted as an undisclosed dual agent, and

did not disclose agency relationship

B. Failed to disclose an agency relationship

C. Neglected the duty of single-marketing

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