301- NC Post Licensing | 100% Correct Answers | Verified | Latest 2024 Version

Can an inactive agent be paid a referral commission if they were active at the time they made the referral? - Yes. If and only if they were active at time of referral Must Dual Agency be in writing? - Before an offer is made, Yes. Dual agency must be in writing and signed by both parties At a listing appointment, the agent should be gathering all information for listing and what? - Advertising May a BIC and their Provisional Broker enter into dual agency together? - No. Because the BIC oversees the PBs transactions, this would be a conflict of interest When must all agency be "Written" - Prior to first offer Are all in-house transactions Dual Agency? - No. The exceptions would be Seller Sub Agency or Unrepresented Buyers Can The Real Estate Commission fine brokers? - No. They can only reprimand, suspend, and revoke licenses Who can sue agents civilly for monetary compensation? - Principles of a transaction