Exclusive right to sell - Study guides, Class notes & Summaries

Post Licensing 301 NC Study Questions with Verified Solutions What is the primary purpose of the listing agreement in real estate? To establish the terms and conditions under which a real estate agent will represent the seller How often must a property management company provide a financial report to the property owner? Monthly What is an exclusive right to sell listing? A type of listing agreement where the agent has the exclusive right to sell the property and earn a comm...

Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a...

Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 1. a: Townhomes and single-family homes differ in that a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not o...

Cram Final Exam Questions & Answers 2024 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 h...

All of the following acts on the part of a real estate broker would constitute steering and thus be prohibited under the Fair Housing Act EXCEPT: A) directing a prospective buyer of one minority group to work only with a salesperson of the same minority group and to look at areas dominated by that minority group B) directing a member of one minority group away from properties located in areas dominated by other races C) referring a member of one minority group to properties located only i...

Wrongful or criminal deception intended to result in financial or personal gain is called: - Answer- fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - Answer- 90 days __________ extend above the surface without limitation. - Answer- air rights An example(s) of an appurtenance would be: - Answer- easements There is no upper limit on the value of a Texas homestead. - Answer- true A(n) __________ is one that combines some of ...

Real Estate Exam Illinois Chapter 6 Questions and Answers (Graded A)Real Estate Exam Illinois Chapter 6 Questions and Answers (Graded A)Real Estate Exam Illinois Chapter 6 Questions and Answers (Graded A)Real Estate Exam Illinois Chapter 6 Questions and Answers (Graded A)Real Estate Exam Illinois Chapter 6 Questions and Answers (Graded A) Exclusive right-to-sell - ANSWER-one broker is appointed as the seller's sole agent Exclusive right-to-sell offers... - ANSWER-the most protection Ex...

SC REAL ESTATE REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ The ___ establishes an agency relationship between the prop owner as principal and the brokerage as agent - -listing agreement the LA does which of the following - -creates an agency relationship between the listing brokerage and the property owner a brokerage agreement whereby the property owner hires 1+ brokerages, agrees to compensate only 1 brokerage who produces a buyer, and reserves the right to sell by himself and...

US Government Honors Final Exam Study Guide Rated A+ _______ are taken to determine peoples attitudes and viewpoints polls ________ is the exclusive right to publish or sell written or creative work copyright _________ is the sole right to make or sell a new invention patent __________ groups are accountable to their members interest ________________ of __________ is the separation of governmental powers between th National government and the 50 state governments. Division, Po...

A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely: 1. an exclusive agency listing. 2. an exclusive right to sell listing. 3. a net listing. 4. an advance fee listing. - 1. an exclusive agency listing. A contract has been drawn which obliges the sellers to convey title to their land to the buyers if the buyers come up with $22,000 on or before ...