Meeting of the minds
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agreement between a buyer and seller on major points such as, price,
down payment, and financing method.
T or F: if a broker represents ONE party to a transaction, whether a sale or lease, the
broker can collect a fee from only one party.
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FALSE: the broker can collect a fee from BOTH parties.
, Real Estate Salesperson
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works on behalf of and is licensed to work under the supervision of a
broker.
true or false: I need to know as much about the home as the owner does.
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TRUE
fiduciary relationship
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a relationship founded on trust and confidence.
principal
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client
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agreement between a buyer and seller on major points such as, price,
down payment, and financing method.
T or F: if a broker represents ONE party to a transaction, whether a sale or lease, the
broker can collect a fee from only one party.
Give this one a try later!
FALSE: the broker can collect a fee from BOTH parties.
, Real Estate Salesperson
Give this one a try later!
works on behalf of and is licensed to work under the supervision of a
broker.
true or false: I need to know as much about the home as the owner does.
Give this one a try later!
TRUE
fiduciary relationship
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a relationship founded on trust and confidence.
principal
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client
