Brokerage and patronage - Samenvattingen, Aantekeningen en Examens

The key concepts from the lecture and the book 'Sapiens' by Yuval Noah Harari are explained, and important notes are added. The lecturer of the course is dr. Jeroen P. Bruggeman.

Chicago Real Estate School: Chapter 13: Real Estate Brokerage Operations & Agreements Questions With Correct Answers! Chicago Real Estate School: Chapter 13: Real Estate Brokerage Operations & Agreements Questions With Correct Answers! Sponsoring Broker -ANSWER Entity holding the company real estate license, whether the entity is an individual who operates as a sole proprietorship, partnership, LLC, corporation or LLP Must be self sponsored. Managing broker -ANSWER A broker who has sup...

Antitrust laws - correct answerlaws that make it illegal to conspire to restrain trade or the free flow of goods and services in a marketplace Buyer agency agreement - correct answera written employment agreements that creates an agency relationship between a broker and a buyer. They buyer employs the broker to put forth a reasonable effort to find a property for the buyer to purchase and to negotiate on behalf of the buyer Commission - correct answerthe amount owed a broker as payment for...

Unit 8 - Real Estate Brokerage correctly answered rated A+ 2023 verifiedMultiple Listing Service (MLS) - correct answer Membership in this service provides an opportunity for the marketing of property Real Estate License Laws - correct answer Statutes enacted by state legislatures to protect the public and ensure a standard of competence in the real estate industry Administrative Regulations - correct answer The device by which a state licensing authority administers and enforces the statu...

Sponsoring Broker -ANSWER Entity holding the company real estate license, whether the entity is an individual who operates as a sole proprietorship, partnership, LLC, corporation or LLP Must be self sponsored. Managing broker -ANSWER A broker who has supervisory responsibilities for licensees in one or, in the case of a multi office company, more than one office and who has been appointed as such by the sponsoring broker. Policy and procedures manual -ANSWER Establishes clear understandin...

South Carolina Real Estate Exam - State Portion 100% Pass Assessment rates in SC Primary residence = 4% Rental/investment property = 6% Agricultural = 4% Reassessment Counties must revalue property every 5 years; cannot increase more than 15% unless ATI ATI Assessable transfer of interest Millage one mill = .001 of one penny (bring decimal 3 places to the left) Deed stamps Currently $1.85 per $500 of sales price (round up) Mortgage interest deduction The interest paid on a mortgage loan for...

Agency- Real Estate Questions with Complete Solutions Latest Update 2024 ( Already Passed) A broker or salesperson owes customers - Answers Honesty, fairness, and disclosure of material facts about the property The initial disclosure of an agency relationship may be - Answers Oral or written An agency relationship would NOT be terminated by - Answers Marriage of the principal To act as an intermediary, a broker must have written consent from - Answers Each party being represented in the tran...