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WRA CERTIFICATION EVALUATION FULL QUESTIONS AND SOLUTIONS VERIFIED PREPARATION MATERIAL

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WRA CERTIFICATION EVALUATION FULL QUESTIONS AND SOLUTIONS VERIFIED PREPARATION MATERIAL

Institution
WRA
Course
WRA

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WRA CERTIFICATION EVALUATION FULL
QUESTIONS AND SOLUTIONS VERIFIED
PREPARATION MATERIAL

●● Which of the following Services should NOT be performed for a
buyer customer?
Answer: Creating a market analyst of the property the buyer wishes to
purchase.


●● Which of the following would a buyer's broker NOT be required to
disclose to their client buyer?
Answer: That the sellers are getting divorced and need to sell the house
quickly.


●● Without the written consent of supervising broker, agents have the
authority to do which of the following.....
Answer: Amend the excluded properties.


●● Multiple representation without designated agency is when:
Answer: Both seller and the buyer are clients of The Brokerage company
in the same transaction.

,●● In which of the following situations would an agency disclosure
NOT be required?
Answer: A listing agent answers a prospective buyers basic questions at
an open house.


●● Licensees are required to disclose:
Answer: Both known and possible material adverse facts.


●● Is selling agent has given the buyer information on the real estate
market and suggested a purchase price for the buyer's offer. The selling
agent has likely created what type of agency with the buyer?
Answer: Implied agency


●● In a typical listing contract, the seller is the:
Answer: Client


●● Which of the following creates an Express agency?
Answer: Property Management agreement.


●● All listing and sub-agents have a responsibility to seller under:
Answer: Law of agency

, ●● Broker Moore heavy listing contract with Sarah. Nancy goes to
Sarah's open house and decides she wants to make an offer on the house.
Nancy who does not have an agency agreement with any other broker,
ask Broker Moore to write the offer. Which of the following
CORRECTLY identifies the relationship between Broker Moore and
Nancy?
Answer: Nancy is Broker Moore's customer.


●● All of the following are duties to all parties EXCEPT?
Answer: Duty to negotiate


●● When presenting an offer to a For Sale by Owner (FSBO), a Buyer's
Broker will be required to provide the seller which form?
Answer: Broker Disclosure to Customers


●● Which of the following Services May broker provide without an
agency agreement?
Answer: Answer a buyer's questions about the location of the property.


●● A broker is allowed to act in a multiple representation relationship
when:
Answer: Both clients in the transaction consent in writing to the multiple
representation.

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Institution
WRA
Course
WRA

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Uploaded on
July 13, 2026
Number of pages
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Written in
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Type
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Questions & answers

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