Brokers calls Study guides, Class notes & Summaries

Brokers must keep copies of transactions for: - Answer- 5 Years Designated Sales Associate is a designation used in: - Answer- Commercial Sales A licensee need not give a brokerage relationship notice when: - Answer- Holding an Open House or model home showing - void of sales actions Transaction Broker Duties: - Answer- Deal honestly and fairly, account for all funds, using skill, care and diligence in the transaction, disclose material defects, presenting all offers and counteroffers i...

What type of risk is unique to a specific industry, business enterprise, or investment type? - ANSWER-Nonsystematic risk Under which of the following circumstances is an investor in a position to acquire stock? - ANSWER-Buy a call, sell a call (The holder of a call has the right to buy stock at the strike price if exercised. The seller of a put is obligated to buy stock at the strike price if exercised) Options- a premium - ANSWER-the cost of an option contract, expressed in dollars per sh...

The Code of Virginia, Title 54.1, Chapter 21 -ANSWER details and governs all requirements for real estate licensure in Virginia The Virginia Real Estate Board (VREB) -ANSWER is the agency responsible for administering and regulating real estate licenses The qualifications for a salesperson license are as follows: -ANSWER 1. Age: at least 18 2. Experience: none required 3. Education: High school diploma or equivalent and 60 hours of a salesperson-qualifying course 4. Reputation: have a r...

Leasing License Exam Questions With 100% Correct Answers What does the IDFPR stand for? - answerThe Illinois Department of Financial and Professional Regulation How can you get on the Real Estate Administration and Disciplinary Board? - answerBe appointed by the governor What does the Real Estate Research and Education Fund do? (Do not choose on test) - answerScholarships What does the Real Estate Administration Fund do? - answerPays the bills for the IDFPR What do the Peer Review Advis...

45 Hour Post Licensing| Questions and An Which is NOT permitted under the do-not-call rules? - ANSWER Using the registry to find prospects for marketing calls Which term is found in the Junk Fax Protection Act? - ANSWER Established business relationship A sales associate must give a brokerage relationship disclosure to a customer when selling - ANSWER a residential condominium as a single agent A person who wants to be a certified lead paint renovator must - ANSWER successfully complet...

The Code of Virginia, Title 54.1, Chapter 21 -ANSWER details and governs all requirements for real estate licensure in Virginia The Virginia Real Estate Board (VREB) -ANSWER is the agency responsible for administering and regulating real estate licenses The qualifications for a salesperson license are as follows: -ANSWER 1. Age: at least 18 2. Experience: none required 3. Education: High school diploma or equivalent and 60 hours of a salesperson-qualifying course 4. Reputation: have a r...

Texas SAE Real Estate Law Exam Questions and Answers 100% Verified geographic farm - answerAn area of neighborhoods or subdivision that is serviced by your firm. marketing plan - answerA plan by which you develop to gain name recognition differentiate - answerBecoming different in your approach through growth and development Economic farm - answerAll properties in a particular price range, in the area your firm services Hot buttons - answerWords or content by which top producers are usin...

Sales Associates knowledge should include Property transfer, market conditions, how to market real estate and businesses Al licensed or certified appraiser is always required when an original loan is federally related If a sales Associate moved from Florida to San Diego to work for the same Broker The commission must be notified within 60 days A Florida Resident is defined as a person who has been/intends to reside in Florida for 4 months Individiuals who earned a...

Post RE License Exam – Florida With 100% Correct Answers Spending money without a plan and without measurable results is a spending trap. - answerTrue Determining closing costs is an example of product knowledge. - answerFalse An action plan for lead generating commonly includes making phone calls, meeting with people face to face, sending emails and mailings. - answerTrue Digging the hole for a real estate sign is considered a support activity. - answerTrue Marketing knowledge is unde...

Which is NOT permitted under the do-not-call rules? - ANSWER Using the registry to find prospects for marketing calls Which term is found in the Junk Fax Protection Act? - ANSWER Established business relationship A sales associate must give a brokerage relationship disclosure to a customer when selling - ANSWER a residential condominium as a single agent A person who wants to be a certified lead paint renovator must - ANSWER successfully complete an 8-hour training course offered by an ...