Brokers calls Study guides, Study notes & Summaries

In Illinois, the real estate license law is administered by the...? - IDFPR (Bureau of Real Estate Professions) How are the nine members of the Real Estate Administration and Disciplinary Board Selected? - By the governor What is the name given to the Illinois license laws under which brokers and salespeople practice? - Real Estate License Act of 2000 After May 1, 2011, the new license categories are: - Managing Broker and Broker After April 30, 2012, as an alternative to passing the...

45 Hour Post License Real Estate Florida (Questions & Answers) Verified 100% Correct!! An economic recovery is defined as A) two successive quarterly declines in the gross domestic product. B) two successive quarterly increases in the gross domestic product. C) a period of higher housing prices. D) two successive periods of stock market gains. B) two successive quarterly increases in the gross domestic product. Explanation When consumers, lured by lower prices, venture back into t...

real estate Tennessee State Exam Questions And Answers, Over 200 Questions And Answers, Complete Solution 2023 What is the name of the Tennessee real estate regulatory body? a) Division of the Tennessee Real Estate B) Tennessee Real Estate Commission C) Board of Real Estate Regulators D) Tennessee Real Estate Board B How many members are on the Tennessee Real Estate Commission? A) 10 B) 9 C) 5 D) 15 B How many years may they serve? a) 3 years b) 5 years c) 6 years d) 4 years ...

Broker moves office. Must give notice of any sales associates who are no longer employed with the broker of record. What happens to their licenses? - Answer- Involuntary in active status Legal term went to real estate brokers share office space such that the public thinks that a partnership exists - Answer- Quasi partnership The brokerage relationship disclosure requirements in chapter 475, FS do not apply to - Answer- An agreement to lease a residential condominium. The disclosures did no...

REPL EXAM (2023/2024 Update) Questions and Verified Answers|100% Correct| Grade A Q: You are scheduled for "floor time" tomorrow. What is "floor time"? Answer: When an agent is in the office to receive phone calls from prospective clients Q: A possible client walks into your office and says he wants to buy a house. He has not talked to a mortgage agent yet, but he says he can pay 25% down and already knows how much of a monthly payment he can afford. He wants to move in the ...

Colorado Contracts and Regulations and Final Exam with Certified Solutions A property built before January 1, 1978, requires a Lead-Based Paint Disclosure based on a A) completion of improvements. B) building permit. C) certificate of occupancy. D) building application. Building permit The sellers say they do not wish to include the hot tub with the sale of the property. The listing broker should A) explain that it is personal property and they may automatically take it because no one...

COLORADO CONTRACTS & REGULATIONS FINAL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. If a property sale includes leased appliances, the brokers must a. have the seller cancel the lease b. exclude these terms, since the lease cannot be transferred to a buyer c. have the seller remove the items prior to marketing the property d. check the appropriate box or boxes in the Personal Property section of the Contract to Buy and Sell Real Estate - -d The buyer must receive a Lead-Base...

An economic recovery is defined as A) two successive quarterly declines in the gross domestic product. B) two successive quarterly increases in the gross domestic product. C) a period of higher housing prices. D) two successive periods of stock market gains. correct answers B) two successive quarterly increases in the gross domestic product. Explanation When consumers, lured by lower prices, venture back into the market, business activity increases and confidence begins to return. Sl...

Putnam Investments of Boston offers a wide range of mutual funds through independent brokers. To gain a competitive advantage over other mutual fund companies, Putnam now provides brochures and prospectuses of their mutual funds to brokers within 24 hours of request. This is an example of - Responsiveness strategy An operations task performed at Hard Rock Café is - preparing employee schedules The five elements in the management process are - plan, organize, staff, lead, and control Which...

Colorado Real Estate- State Portion Questions and Answers Already Passed Who usually deposits the earnest money check into escrow after a contract has been accepted? Listing Broker The licensee buy-out addendum must be used under all of the following conditions except: When a licensee is purchasing the property as a rental investment. What is the purpose of the real estate commission in Colorado? to protect the public As a buyer agent under an exclusive right to buy agreement, the broker has...