Residential brokerage Study guides, Class notes & Summaries
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Principles of Real Estate Questions With Correct Answers.
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Principles of Real Estate Questions With Correct Answers. 
Texas Real Estate Agent 
A person who is licensed through TREC. 
Texas Real Estate Commission 
 
 
Does a person who manages, buys, sells, leases, or rents their own property have to be licensed through TREC? 
No. 
 
 
There are two types of licenses: 
broker's and salesperson's license 
 
 
What is the most popular division of the real estate market? 
Residential real estate because there are more transactions in residential in other...
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Champions Powerhouse Training SAE 146 Questions with Verified Answers,100% CORRECT
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Champions Powerhouse Training SAE 146 Questions with Verified Answers 
 
An area of neighborhoods or sub divisons that 
is serviced by your firm. - CORRECT ANSWER Geographic Farm 
 
A plan by which you develop to gain name 
recognition - CORRECT ANSWER Marketing Plan 
 
Becoming different in your approach through 
growth and development - CORRECT ANSWER differentiate 
 
All the properties in a particular price range, 
in the area your firm services - CORRECT ANSWER economic farm 
 
Words or cont...
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GOLD COAST REAL ESTATE EXAM |Complete With A+ Graded A+
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GOLD COAST REAL ESTATE EXAM 
One type of a residential sales transaction involves the sale of any improved residential property of (________) units or less 
Four 
 
 
The term __________ is registered trademark of the National Association of Realtors and may be used only by members of the organization 
Realtor 
 
 
Most real estate licensees are involved in ______________ brokerage 
Residential 
 
 
An estimate of the value of property developed by a real estate licensee for use in listing or se...
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Gold Coast RE 1001 Cram, Practice Math and Final Exam with complete solutions Graded A+
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Gold Coast RE 1001 Cram, Practice Math and Final Exam with complete solutions Graded A+ 
312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? 
 
a. Nonrepresentation 
b. Single agency 
c. Dual agency 
d. Transaction brokerage 
D. Transaction brokerage 
 
 
242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: 
 
a. Automatically be ...
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Reca – Residential Exam; Questions and Answers 100% Solved
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Reca – Residential Exam; Questions and Answers 
100% Solved 
Self regulation Correct answer -General obligation 
-Care & Skill 
-Act honestly 
-Negotiate favorable terms 
-Maintain confidentiality 
-Disclose information 
-Act in person 
-Obey lawful instructions 
-Perform mandate 
Brokerage interests Correct answer Interest of brokerage at odds with brokerage client 
Fiduciary duties Correct answer -Utmost loyalty 
-Not to make secret profits 
-Maintain confidentiality 
-To account 
-Avoid an...
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Hawaii Real Estate Exam | 100% Correct Answers | Verified | Latest 2024 Version
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What is Hawaii's residential property disclosure form? 
A.) A statement of the condition the home will be in after repairs are completed 
B.) A statement that lists all home upgrades the seller made 
C.) A statement that outlines the home repairs made in the past five years 
D.) A statement the seller provides to the buyer that outlines all known property defects - D.) A 
statement the seller provides to the buyer that outlines all known property defects 
Which of these acknowledgments do buyer...
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Florida Real Estate STATE exam Questions and Answers 100% Pass
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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...
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COLORADO REAL ESTATE EXAM 2024-2025 WITH 300+ ACTUAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS GRADED A| STATE OF COLORADO REAL ESTATE COMMISSION EXAM 2024 WITH ANSWERS (BRAND NEW!!)
- Exam (elaborations) • 59 pages • 2024
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COLORADO REAL ESTATE EXAM WITH 300+ ACTUAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS GRADED A| STATE OF COLORADO REAL ESTATE COMMISSION EXAM 2024 WITH ANSWERS (BRAND NEW!!) 
The Colorado Real Estate Commission requires all brokerage firms to have a 
written office policy to give broker associates a full understanding of the firm's 
operations. Which of these is the only item required by statute to be in writing? 
A) The brokerage relationships the firm offers and how brokers are desig...
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Real Estate 306 Final Exam Question with 100 % correct answers | Verified
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1968 case in which U.S. supreme court ruled that discrimination by race is absolutely prohibited in any 
form or at any level - Jones v. Mayer 
2 docs borrow must always create in a mortgage loan - note & deed of trust (mortgage) 
2 important functions of a commercial RE broker - provide prospective buyer w/ info about 
property & to negotiate compromises 
2 levels of brokerage licensure - salesperson: must work for broker 
broker: can operate own brokerage agency 
3 approaches to value - sales ...
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Principles of Real Estate Questions With Correct Answers.
- Exam (elaborations) • 31 pages • 2024
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Principles of Real Estate Questions With Correct Answers. 
brokerage 
Overseeing the needs of the parties to a real estate transactions and seeing it to its completion. 
 
 
appraisal 
Providing a professional opinion of the value of real property. 
 
 
mortgage lending 
Is the business of providing money to individuals or corporations for the conditional transfer or pledge of real estate as security for the payment of a debt. 
 
 
RMLOs 
Residential Mortgage Loan Originators 
 
 
Residential M...
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