BROKERAGE-FINAL EXAM QUESTIONS AND ANSWERS (GRADED A)

BROKERAGE-FINAL EXAM QUESTIONS AND ANSWERS (GRADED A) BROKERAGE-FINAL EXAM QUESTIONS AND ANSWERS (GRADED A) BROKERAGE-FINAL EXAM QUESTIONS AND ANSWERS (GRADED A) BROKERAGE-FINAL EXAM QUESTIONS AND ANSWERS (GRADED A) How does a broker determine the break- even point for office expenses? - ANSWER-By dividing the office expenses by the number of agents Which of the following would violate the Administrative rules and Regulations of the Real Estate Agency? - ANSWER-A principal broker obtained an offer to purchase with $10,000 earnest money, but did not indicate in the offer the type of earnest money received from the purchaser. According to Oregon Administrative Rules, how many banking days following receipt does a broker have in which to deposit funds? - ANSWER-Three days A principal broker is: - ANSWER-1) Responsible for the professional real estate activities of the brokers associated with the Principal Broker. And is 2) Responsible for all clients' trust accounts under the company's registered business