45 Hour Post License Final Exam Questions
And Answers |Latest 2025 | Guaranteed Pass
If an appraisal falls short of the needed value to close the deal, one of four outcomes would
result. Which one of the following is NOT one of those 4? - Answer✔The seller would raise the
selling price in order to make up for the shortfall.
Which of the following steps would not be common to complete a mail away closing? -
Answer✔the agent would sign on the absent persons behalf
Your buyers' lender tells you that your buyer will qualify for a loan up to $359,000. The lender
advised you that this was based on the house not located in a flood zone and no more than
$150 a month in HOA fees. The buyer was searching online and found a house located in a
popular neighborhood. When you pull the listing information you discover that the house is
only $336,000 but is in a Flood Zone "A" and HOA fees are $300 a month. Which is the best
course of action to take? - Answer✔Contact the buyer's lender to review the information about
the property and schedule a showing to coincide immediately after the expected response time
from the lender.
What is the formula to calculate how many leads are needed to generate clients? -
Answer✔Clients Required ÷ Lead Conversion %
Stacey hired a real estate licensee to advertise a home for sale in the MLS and to handle the
contract. However, the seller planned to handle their own showings and open houses and did
not want to pay the agent for those services. Which type of listing agreement would be
appropriate? - Answer✔Limited listing agreement
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Asking a client: "What's the one thing that is keeping you from moving forward?" is an example
of ___. - Answer✔isolate the objection
You are working with Alana, a buyer, that wants to purchase a resale condo anywhere on
Longboat Key. She has narrowed it down to 2 units in different condo developments. As the
buyer's agent, you should make sure she gets ____ within 3 days for whichever condo she
enters into a contract. - Answer✔Most recent year-end financial report, Governance form
A buyer received a clear to close from his lender. Which of the following would NOT still need
to be completed? - Answer✔earnest money deposit
Per the statute - when a condominium is sold or re-sold, specific documents must be provided
from the seller to the buyer. The seller of new condo's must provide the buyer with 5-6
different required documents. Re-seller must provide the buyer with 7 different required
documents. Which of the following is only required on new condominium sales? -
Answer✔Estimated Operating Budget
You are working with buyers, Tina and Jeff. You explain to them you will provided them a list of
up to 20 houses that most closely match their wants and needs. They need to narrow the list
down to the top 6. You tell them you will show them 6 different houses. If they buy one of
those 6 you will give them $600 out of your commission. Under RESPA and TILA this is ___. -
Answer✔Okay, if handled correctly and disclosed to all parties.
Real estate agent Belle was arrested for theft while in California. Which of the following is true
regarding the situation? - Answer✔Agent Belle would have up to 30 days to report the violation
to the DBPR.
A couple is in town on a "buying" trip. You pick out homes listed in the multiple listing service
based on a needs assessment and spend the weekend showing them houses. One home is of
interest to them, yet they leave town without making an offer. You agree to send them other
options by email. The next day they call and ask you to find answers they now have regarding
the home they had seen and favored. Upon contacting the listing agent, the agent informs you
that another real estate agent has contacted her for the same buyers. However, that agent has
not actually shown them the house. If the buyers purchase the home using the other agent,
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