45-HOUR POST LICENSE QUESTIONS AND ANSWERS

Joining a team vs. being a solo agent is an important decision for a new real estate agent. Which of the following statements is false regarding joining a team vs. being a solo agent? - Answer - A. Joining a team vs. being a solo agent is a decision that is made by the Florida Real Estate Commission, (FREC). What is the status of their license if a sales associate did not complete the required 45-hour post licensing education course before the initial renewal of their license? - Answer - B. null and void What is status of a sales associate's license if he did not complete the required 14-hour continuing education course and renew their license, in the second and all subsequent renewal cycles? - Answer - A. involuntary inactive After completing the required 45-hour post licensing course before the first expiration of their license, how many hours is the continuing education course that must be completed every two years? - Answer - C. 14 Which of the following statements is false regarding myths of a real estate agent? - Answer - B. All real estate agents make money within the first three months of being licensed. How many hours is the post license course for sales associates? - Answer - D. 45 According to the course, what is the most important activity for a real estate agent? - Answer - C. finding customers that want to buy, sell, or invest in real estate What are the two license renewal dates for real estate licensees with the Department of Business and Professional Regulation, (DBPR)? - Answer - D. September 30 and March 31 There are many different brokerage models for a new real estate agent to choose from. Which of the following statements is true about the decision to join a brokerage. - Answer - D. New real estate agents should interview several different brokerages before deciding to 'hang' their license. How is the commission split between a broker and a sales associate determined? - Answer - C. Together, the broker and sales associate negotiate the commission split. How many total protected classes are covered in this course under the Civil Rights Act of 1968 including amendments? - Answer - A. 7 Which of the following is a list of the brokerage relationship options in Florida? - Answer - D. single agency relationship, transaction brokerage relationship, and the no brokerage relationship