Texas Real Estate Exam/ State and National Licensing – Complete Questions and Answers 100% Correct
Texas Real Estate Exam/ State and National Licensing – Complete Questions and Answers 100% Correct Texas Real Estate Exam/ State and National Licensing – Complete Questions and Answers 100% Correct Texas Real Estate Exam/ State and National Licensing – Complete Questions and Answers 100% Correct Texas Real Estate Exam/ State and National Licensing – Complete Questions and Answers 100% Correct Designated Agent - ANSWER - A licensee appointed by a broker in a dual agency situation to work with either the buyer or the seller in the transaction Appointed Associate - ANSWER - A licensee appointed by a broker in Texas in an intermediary situation to work with either the buyer or the seller in the transaction. Open Listing - ANSWER - A listing where a seller reserves the right to list with as many brokers as he chooses- he also reserves the right to sell the property himself- only a broker who brings a contract to the seller will earn a commission. Exclusive Agency Listing - ANSWER - A listing where one broker is the exclusive agent and will earn a commission if the property is sold, unless the seller sells it himself- the seller is competing with his broker. Exclusive Right to Sell - ANSWER - A listing where one broker will earn a commission when the property is sold, no matter who sells it.
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- September 27, 2023
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- Questions & answers