Exclusive agency listing - Study guides, Class notes & Summaries

Texas Principles of Real Estate 1 Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update Q: An insurance policy protecting against a variety of hazards is referred to as a...? Homestead Policy Individual Policy Homeowners Policy Package Policy Answer: Homeowners Policy Q: Which of the following is an advantage to owning a home...? Tax benefits Pride of ownership Potential for asset appreciation All of the above Answer: All of the Above Q: An individual is exempt from paying t...

Nys Realestateu final exam 2023 Article 12 A - Correct Answer The section of the New York Real Property Law pertaining to real estate salespersons and brokers Sponsor - Correct Answer A licensed real estate broker that holds the license of a salesperson Misdemeanor - Correct Answer A crime punishable by up to a year in prison and / or a $ 1,000 fine . Listing Agreement - Correct Answer An employment contract between principal and agent , authorizing the agent to perform services for th...

Which of the following has the authority to suspend or revoke a Texas real estate license? - Answer- TREC Which of the following is an element of a listing agreement? - Answer- the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? - Answer- salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the broker the TAR buyer repre...

Ohio Real Estate Exam test bank Questions with answers 2023May a consumer who has been harmed by a licensee acting under her license as a real estate salesperson or broker immediately file a claim for payment from the Real Estate Recovery Fund? CORRECT ANSWER: No, the consumer must file a lawsuit, get a final judgment, and attempt to collect A listing agreement in which the agent may possibly be in competition with the client to see who can sell the house first is an exclusive CORRECT A...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

BARNEY FLETCHER FINAL EXAM 2024 WITH 100% CORRECT ANSWERS A seller wants to list the property with a broker, but wants to avoid paying any commission should the seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid signing? A. an exclusive agency listing B. an exclusive right to sell listing C. an open listing D. all listings - correct answer B. an exclusive right to sell listing Mr. Smith listed his farm with broker Bob. Although ...

Which of the following has the authority to suspend or revoke a Texas real estate license? - ANSWERSTREC Which of the following is an element of a listing agreement? - ANSWERSthe agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? - ANSWERSsalesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the broker the TAR buyer represen...

A seller wants to list the property with a broker, but wants to avoid paying any commission should the seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid signing? A. an exclusive agency listing B. an exclusive right to sell listing C. an open listing D. all listings - Answer-B. an exclusive right to sell listing Mr. Smith listed his farm with broker Bob. Although Smith did not tell him, Bob knew he had to sell due to poor health. Wha...

CT STATE EXAM QUESTIONS AND ANSWERS ALREADY PASSED B.18, two (43)Connecticut requires anyone of sound mind who prepares a will to be of what age and to have how many witnesses. A.21, two B.18, two C.25, four D.16, two A.Exclusive right to sell, exclusive agency, open listing. Connecticut licensing laws recognizes the following lowing listing agreements; A.Exclusive right to sell, exclusive agency, open listing. B.Exclusive right to sell, exclusive agency, open listing, MLS. C.Exclusive r...

Champions School of Real Estate - Exam Prep Latest Update 100% Pass Buyer Representation Agreement An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency Agency as a result of customary, usual or typical conditions Broker A properly licensed party who serves a principal in an agency relationship- also called an agent Client A party represented by a broker in an agency relationship - also called a principal Duties of an Agent An agent owes his...