Reca residential unit 9 Study guides, Class notes & Summaries

RECA RESIDENTIAL EXAM UNIT 1-9 1000+ Q&A EXPERT VERIFIED WITH DETAILED ANSWERS 2023/2024 GUARANTEED PASS

RECA RESIDENTIAL EXAM UNIT 1-9 1000+ Q&A EXPERT VERIFIED WITH DETAILED ANSWERS 2023/2024 GUARANTEED PASS

RECA Residential Unit 2 Exam (Graded A Plus) with Questions and Validated Answers 9 things that, when representing sellers, REPs can do ANSWER 1. Identify the features, qualities, and advantages that relate to the sellers' property 2. Describe the property appropriately in the applicable listing service and property databases. 3. Market the property based on the features, qualities, and advantages. 4. Promote the property and answer their buyers' questions regarding it. 5. Accurately answer...

RECA Residential Unit 2 Exam Questions and Answers 9 things that, when representing sellers, REPs can do -Answer-1. Identify the features, qualities, and advantages that relate to the sellers' property 2. Describe the property appropriately in the applicable listing service and property databases. 3. Market the property based on the features, qualities, and advantages. 4. Promote the property and answer their buyers' questions regarding it. 5. Accurately answer questions regarding the pro...

RECA Residential Unit 2 Exam Questions and Answers 9 things that, when representing sellers, REPs can do -Answer-1. Identify the features, qualities, and advantages that relate to the sellers' property 2. Describe the property appropriately in the applicable listing service and property databases. 3. Market the property based on the features, qualities, and advantages. 4. Promote the property and answer their buyers' questions regarding it. 5. Accurately answer questions regarding the pro...

Difference between a Customer, Common Law Agency and a Designated agency relationship - correct answer Customer Relationship is when a consumer represents themselves and is a customer to the real estate representative or broker. Common Law Agency Relationship is a client relationship which the brokerage represents the buyer. Designated Agency Relationship is a client relationship which the REP represents the buyer as a designated agent. 6 responsibilities of a REP to their clients ...

RECA Commercial EXAM 2 Correctly Solved 100% Pass Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) *ANS* 1. They involve land 2.Transaction time frames are long 3. Transaction costs are high 4. they are expensive 5. They are long lasting 6. Highly regulated 7. have a long production cycle 8. are management intensive 9. are heterogeneous 10. Involve measuring return on ...

Terms in this set (61) Original Difference between a Customer, Common Law Agency and a Designated agency relationship Customer Relationship is when a consumer represents themselves and is a customer to the real estate representative or broker. Common Law Agency Relationship is a client relationship which the brokerage represents the buyer. Designated Agency Relationship is a client relationship which the REP represents the buyer as a designated agent. 6 responsibilities of a RE...

RECA RESIDENTIAL EXAM UNIT 1-9 1000+ Q&A EXPERT VERIFIED WITH DETAILED ANSWERS 2023/2024 GUARANTEED PASS

3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties in a representation relationship: - Answer-Trust and Confidence, Best Interests, Loyalty 3 fundamental principles of fiduciary duty. AKA the 3 principles that give rise to fiduciary duties in a representation relationship: - Answer-Trust and Confidence, Best Interests, Loyalty 8 General Obligations of REPs - Answer-Exercise Care and Skill, Act Honestly, Negotiate Favourable terms, Maintain...