Real Estate FL Exam 2023

A sales associate works under - Answer- the direction of a broker or in some cases an owner developer A licensed appraiser is compensated for an appraisal - Answer- With a flat fee The product/service that all real estate professionals sell is - Answer- their expert knowledge Which area of real estate requires the highest degree of expertise? - Answer- Counseling Which Florida Administrative Code expands upon the statutory provisions of Chapter 475, Florida Statutes? - Answer- 61J2 After completing the 45-hours post-licensing education during the initial license period, licensees must complete - Answer- at least 14 hours of continuing education during every 2-year license period An unlicensed personal assistant may be at an open house and can - Answer- hand out materials A licensee may substitute attendance at one legal agenda session of the FREC for - Answer- three hours of continuing education credit A broker price opinion or comparative market analysis constitutes real estate brokerage activity, the compensation collected in connection with that activity must be paid to the - Answer- sales associate's Broker/brokerage Failure to complete the sales associate post-licensing education requirement will cause the initial license to - Answer- become null and void. A sales associate is a licensed associate of a broker. If by issuance of a Final Order, the broker's license was revoked by the Florida Real Estate Commission, the sales associate's license is - Answer- automatically become involuntary inactive status Of the