CEABLE AGENT TEST QUESTIONS AND ANSWERS TO PASS 2024.

Which of the following would be considered a single agent? -Answer Bobby represents a seller in a transaction Which of the following would be considered a single agent? -Answer an affiliate broker who works with a client on behalf of their sponsoring broker OR an unaffiliated licensee subagent -Answer affiliate broker who is working with a client on behalf of their sponsoring broker In which of these in-house transactions is dual agency being practiced? -Answer managing broker Dominique represents both parties to the transaction In which of the following scenarios does Licensee Carmen's role sound like that of a facilitator? -Answer Carmen is not representing or advocating on behalf of either party in the in-house transaction transaction brokerage is a form of -Answer non-agency designated agency -Answer managing broker appoints a different affiliate broker to operate as a designated agent for each party On a handshake agreement to represent Buyer Seth in the purchase of a home, Agent Devaki spends all day Saturday showing Seth properties in the Nashville area. Given these facts, what kind of agency relationship has been established? -Answer transaction brokerage or non agency Managing Broker Darius is hoping to sign a listing agreement with Seller Selena. Darius tells Selena that, not only will he be committed to look after her best interests, but every agent who works for him will share that same duty.