PERSON VUE: REAL ESTATE
PRACTICE EXAM QUESTIONS AND
VERIFIED ANSWERS 100% PASS
what does the duty of reasonable skill and care mean?
don't offer advice on real estate topics that you have no expertise in.
what is the purpose of the CAN-SPAM act?
prohibits certain types of email marketing communications (junk mail, messages
with no unsubscribe, messages with misleading or false header lines or subject
lines)
what is the purpose of the telephone consumer protection act
protects from unwanted telephone solicitation
what is purpose of the Do Not Call Registry
Prohibits solicitation calls to any household that has registered it number on the do
not call list
what are the exceptions to the DNC?
if you have a business relationship
if the party is a former customer (for up to 18 months)
, if you've had an inquiry from them ( up to 3 months after)
if the entity is a political or charitable organization
What time can you NOT makes calls according to DNC
before 8 am and after 9 pm
how often are you required to check the DNC
every 31 days
what is a listing agreement
agreement between a brokerage firm and a seller to market and sell the sellers
proeprty
T or F
Listing agreements do not have to require a end date
False; they must require an end date
what is a net listing agreement
agreement in which the broker receives all net proceeds from a sale above a
specified price range
what is an exclusive agency agreement
PRACTICE EXAM QUESTIONS AND
VERIFIED ANSWERS 100% PASS
what does the duty of reasonable skill and care mean?
don't offer advice on real estate topics that you have no expertise in.
what is the purpose of the CAN-SPAM act?
prohibits certain types of email marketing communications (junk mail, messages
with no unsubscribe, messages with misleading or false header lines or subject
lines)
what is the purpose of the telephone consumer protection act
protects from unwanted telephone solicitation
what is purpose of the Do Not Call Registry
Prohibits solicitation calls to any household that has registered it number on the do
not call list
what are the exceptions to the DNC?
if you have a business relationship
if the party is a former customer (for up to 18 months)
, if you've had an inquiry from them ( up to 3 months after)
if the entity is a political or charitable organization
What time can you NOT makes calls according to DNC
before 8 am and after 9 pm
how often are you required to check the DNC
every 31 days
what is a listing agreement
agreement between a brokerage firm and a seller to market and sell the sellers
proeprty
T or F
Listing agreements do not have to require a end date
False; they must require an end date
what is a net listing agreement
agreement in which the broker receives all net proceeds from a sale above a
specified price range
what is an exclusive agency agreement
