Advertising Exam Q&A 100% SOLVED
Bridgette is a provisional broker affiliated with Best Homes Realty and has
listed a property for sale. Travis, the seller, has asked what they should do
if they are contacted directly from a buyer or their buyer agent. Bridgette
would MOST likely recommend which of the following?
A) She may recommend that Travis answer all the inquiries personally.
B) She needs to recommend that Travis be present for all showings so he
can be available for any questions from the buyer or their agent.
C) She needs to recommend that Travis make his home available only for
limited periods of time each week in order to make the property seem more
desirable.
D) She needs to recommend that Travis refer any inquiries directly to her. -
✔✔D) She needs to recommend that Travis refer any inquiries directly to
her.
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,Typically, it is best if the seller not be present during showings. Many times,
the seller shares information with prospective buyers and their agents that
affects the seller's negotiating position. The North Carolina Real Estate
Commission strongly suggests that if the seller is home during showings,
then the listing agent or someone from the firm needs to be present as well
in order to protect the seller's interests. The listing agent never tells the
seller when they must make their property available for showings. For
security reasons, the seller needs to know not to let people view the
property who have not made an appointment either with the listing firm or
through their buyer agent.
Which of the following does the listing agent NOT need permission from to
place "for sale" or "for rent" signs on properties they are representing?
A) Homeowners' association
B) North Carolina Real Estate Commission
C) Property owner
D) City or county municipality - ✔✔B) North Carolina Real Estate
Commission
Firms need owner's consent to display "for sale" or "for rent" signs.
Consent provisions are typically included in standard listing contract forms.
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,Subdivision restrictive covenants may address the placement of for sale
signs (including directional signs).
Which of the following statements is TRUE regarding fair housing and
advertising?
A) Fair housing regulates all print media, including web page information,
email, and text message.
B) Fair housing does not have any regulations for advertising.
C) Fair housing only regulates print advertising in newspapers or
magazines.
D) Fair housing defers advertising regulations to each state's real estate
commission. - ✔✔A) Fair housing regulates all print media, including web
page information, email, and text message.
Under the Fair Housing Act, as amended, discriminatory advertising is
prohibited. Brokers must be mindful of their statements as "to publish" is
not limited to printed media, but includes web page information, email and
text message, and oral comments or statements.
Which of the following statements is correct regarding internet advertising
for a brokerage firm?
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, A) All legal requirements and restrictions on advertising apply equally to
internet advertising.
B) The real estate brokerage firm does not have to adhere to fair housing
or Truth in Lending Act, Regulation Z, regulations in internet advertising,
only lenders do.
C) The only regulation that a real estate brokerage firm needs to adhere to
in internet advertising is having the firm's name on all the advertising.
D) The only regulation that a real estate brokerage firm needs to adhere to
in internet advertising is North Carolina Real Estate Commission rules. -
✔✔A) All legal requirements and restrictions on advertising apply equally to
internet advertising.
All legal requirements and restrictions on advertising apply equally to
internet advertising. Internet advertising of a broker's or firm's listings
should be regularly updated to remove expired listings.
According to TILA, Regulation Z, which of the following advertisements of
payment would NOT trigger additional disclosures?
A) Low payments of $750 available
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