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Exam (elaborations)

Bob Hogue Unit 5 Practice Questions And Answers

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BOB HOGUE UNIT 5 PRACTICE QUESTIONS AND ANSWERS

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BOB HOGUE UNIT 5 PRACTICE
QUESTIONS AND ANSWERS



1. A brokerage office must be at least ______________ enclosed room that will provide
______________ to conduct negotiations and close real estate transactions. - Correct
Answers -1. one,
privacy

2. A broker may have an office in the broker's residence provided local
______________ allows such activity and the broker's ______________ is displayed at
the entrance to the office. - Correct Answers -2. zoning,
sign

3. Registrations issued to branch offices are ______________ transferable to a different
______________. - Correct Answers -3. not,
location

4. Sales associates are _____ permitted to open offices of their own. They must be
registered from and work out of an office maintained and registered in the name of their
_____________. - Correct Answers -4. not,
employer

5. List three items that must be on all real estate office entrance signs.
1. _______________
2. ______________
3. ______________ - Correct Answers -5. Trade name (if one is used),
broker's name,
licensed (lic.) real estate broker
10. False advertising is a misdemeanor of the ______________ degree - Correct
Answers -10. second

11. When advertising on an internet site, the _________ of the brokerage firm must
appear adjacent to or immediately above or below the _________ ______ __________
information. - Correct Answers -11. name,
point of contact

12. A sales associate licensee chooses NOT to become a member of the NAR. The
licensee uses the designation REALTOR® on her business cards. The FREC can

, discipline the licensee for ____________ ______________. - Correct Answers -12.
false advertising

6. If the sales associates' names are listed on the office sign,
■ the names must be ______________ the name of the broker,
■ there must be an observable ______________ or ______________ to separate the
broker's name from the associates' names, and
■ the __________ __________ must be included next to each associate's name. -
Correct Answers -6. below,
line,
space,
license type

7. Kimberly is a sales associate with Fast Results Realty. Kimberly is bilingual and she
wants to use her language skills to attract international customers. Kimberly decides to
form an international team within her broker's company. She and two other sales
associates refer to themselves as Your International Team. Your International Team
has business cards designed with the team member's names, contact information, and
the name Your International Team. Open house signs are designed with the name Your
International Team and the team member's contact information. A disgruntled sales
associate who was not invited into the team files a complaint with the DBPR. What is
the likely result of the complaint?

The DBPR will agree that the advertising by Your International Team is a violation of the
team advertising rule because the name of the ____________ _______ is not included
on the business cards and open house signs. - Correct Answers -7. brokerage firm

8. Circle the corresponding letter(s) to indicate which information must be included in an
advertisement for a listed property.

a. Name of the listing agent
b. Address of the brokerage office
c. Name of the brokerage firm - Correct Answers -c. Name of the brokerage firm

9. Jed Smith is a member of the Results Team at ABC Realty. Jed is a licensed sales
associate who is registered with the DBPR under his legal name, Jedidiah Smith;
however, he uses the name Jed. Jed's cell phone number is 444-111-2222. The Results
Team's phone number is 444-123-4567. ABC Realty's phone number is 444- 222-3333.
Jed is writing a classified ad and he wants prospects to either call him or the team
directly. Circle the corresponding letter(s) to indicate which information Jed must include
in the classified advertisement.

a. Call Jed Smith
b. 444-123-4567 (The Results Team's direct line)
c. 444-111-2222
d. 444-111-2222 (cell)

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