NYREI School Test 2024

NYREI School Test 2024 Age of salesperson - ANSWER ️️ 18 Experience for sales person - ANSWER ️️ No Age of broker - ANSWER ️️ 20 Broker experience - ANSWER ️️ 2 years experience and 3500 points How long to reapply for license - ANSWER ️️ One full year Confidentiality - ANSWER ️️ Last forever Commission earned - ANSWER ️️ When bringing a ready, willing and able buyer; meeting of the minds Cooperative transaction - ANSWER ️️ Seller no fiduciary obligations First for to client - ANSWER ️️ Agency Disclosure Form (full out an affidavit and have it notarized if refusal) Exclusive agency - ANSWER ️️ Broker/seller Under what conditions can you collect commission from both seller/buyer - ANSWER ️️ Full written disclosure and permission from both parties Discount broker - ANSWER ️️ Group boycott Independent contractor - ANSWER ️️ Telephone, desk, paid for production, can have outside work