Who is a salesperson - Study guides, Revision notes & Summaries

REVIEW QUESTIONS FOR NY REAL ESTATE EXAM / (NEWEST ACTUAL EXAM QUESTIONS BANK) COMPLETE ACCURATE QUIZZES WITH VERIFIED ANSWERS / 2025 . 1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides alisting lead -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. C. As of July 1,2008 to become a broker y...

INDIANA REAL ESTATE EXAM FINAL PRACTICE QUESTIONS & DETAILED ANSWERS / NEWEST 2025. The ____ is fully responsible for the actions preformed in the course of real estate business by all persons licensed under ______. Broker, Broker The _____ can carry out ONLY those responsbilties assigned by employing ____. Salesperson, broker A salesperson can receive ______ ONLY from that broker. compensation A salesperson has _______ to make contracts with or ______ from any other party. no authorit...

Mastery Exam, Car Sales Test Colorado Exam | 257 Questions and Verified Answers (GRADED A) (LATEST UPDATE 2024 GRADED A+. The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked or suspended on any of the following grounds except: b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle According to colorado law, which of the following must be licensed as a motor vehicle dealer and or powersports dealer? d) All of the above ...

Colorado Car Sales Mastery Exam Questions and Verified Answers Latest Updated 2024 (GRADED) The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked or suspended on any of the following grounds except: b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle According to colorado law, which of the following must be licensed as a motor vehicle dealer and or powersports dealer? d) All of the above Colorado Lemon law covers: c)...

Course Careers Exam| Questions and Verified Answers| 100% Correct| Grade A (2023/ 2024 Update) Q: What is the formula for predicting sales? Efficiency + Performance = Effectiveness Efficiency + Effectiveness = Performance Effectiveness + Performance = Efficiency Answer: Efficiency + Effectiveness = Performance Q: Who are you calling with your direct cold call outreach? Someone above or horizontal to your ideal buyer persona Someone below your ideal buyer persona Som...

TEXAS STATE PORTION REAL ESTATE EXAM / EXPERT-VERIFIED ACTUAL QUESTIONS & ANSWERS FOR GUARANTEED PASS | NEWEST UPDATE, . Terms in this set (185) Who is responsible for any wrongs done by a salesperson while acting within the scope of the agency agreement? The broker is liable for the wrongdoing of his or her salespersons. The principal is liable for any wrongs committed by the broker while acting within the scope of the agency agreement. what is the distinction between sales contracts and o...

PSI REAL ESTATE SALESPERSON EXAM 1 What is the period of time set for adverse possession in Ohio? Correct Answer: 21 years What type of lease establishes a rental payment and requires the lessor to pay for the taxes, insurance, and maintenance on the property? Correct Answer: Gross Who represents the commission at hearings? Correct Answer: The Ohio attorney general State laws differ whether a buyer is entitled to know about? Correct Answer: A suicide that occurred in the hous...

REAL ESTATE U FINAL EXAM STUDY GUIDE / NEWEST EXAM) 100+ QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) A+ GRADE / 2025. Article 12-A of the NYS Real Property Law The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor A licensed real estate broker that holds the license of a salesper...

Real estate U Final Exam Questions and Answers | 100% Correct | 2024 Update | 18 Pages Article 12-A of the NYS Real Property Law - Answer ️️ -- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - Answer ️️ -- A licensed real estate broker that holds the license of a salespers...

PRINCIPLES OF REAL ESTATE 1 FINAL EXAM NEWEST / QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) A+ GRADE / 2025. If a real estate salesperson closes on a transaction, who pays the salesperson their commission? The salesperson's sponsoring broker A means of comparing similar type properties, which have recently sold, to the subject property is known as the? Market Comparison Approach Practice questions for this set Terms in this set (63) The market comparison approach is commonly use...