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POST LICENSE COURSE (BARNEY
FLETCHER) EXAM QUESTIONS WITH
ANSWERS.
A salesperson runs an advertisement which includes the name
and phone number of the brokerage firm. Which of the following
statements is correct?
Select one:
a. Only the name of the firm must be printed in a size equal or
greater than that of the salesperson.
b. Only the phone number of the firm must be printed in a size
equal or greater than that of the salesperson.
c. Both the name and the phone number of the firm must be
printed in a size equal to or greater than that of the salesperson.
d. Neither the name nor the phone number of the firm must be
printed in a size equal to or greater than that of the salesperson. -
correct answer -c. Both the name and the phone number of the
firm must be printed in a size equal to or greater than that of the
salesperson.
A prospective applicant for a real estate salesperson's license
takes the state exam and passes it in September 2020. In
October 2021 the person submits his application for a real estate
license.
Select one:
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a. This person must pay a fee equal to 2 times the original fee.
b. This person must retake the 75 hour required education prior to
submitting his application.
c. This person must complete post-license education before
submitting his application.
d. This person must retake the state licensing exam. - correct
answer -The correct answer is: This person must retake the state
licensing exam.
Which of the following statements about offers is TRUE?
Select one:
a. An offer becomes a sales contract as soon as it is accepted.
b. An offer must be accompanied by earnest money.
c. Licensees must present all written and oral offers up to time of
closing.
d. Licensees must present all written offers up to time of closing. -
correct answer -Licensees must present all written offers up to
time of closing.
If a landlord and a tenant have a dispute in Georgia
Select one:
a. they may appeal to the real estate commission for a resolution.
b. they must agree to binding arbitration.
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c. they may sue in a court of competent jurisdiction.
d. they must be represented by a licensed Georgia attorney. -
correct answer -c. they may sue in a court of competent
jurisdiction.
REALTOR® A has a listing on a seller's home and the seller has
accepted an offer. The offer is contingent upon the sale of the
buyer's current home. REALTOR® B has a buyer who has
made an offer. Under the Code of Ethics, what should listing
REALTOR® A do?
Select one:
a. Ignore REALTOR® B's offer since the seller's home is already
under contract.
b. Reveal the existence of the contract but not the contingency.
c. Reveal the existence of the contract and the contingency.
d. Present the second offer to the seller without disclosing the
existence of the offer or the contingency. - correct answer -c.
Reveal the existence of the contract and the contingency.
A REALTOR® has a listing on a client's house. The sellers are
getting a divorce and need to sell the home quickly. Under what
circumstances can the REALTOR® reveal this fact to a potential
buyer?
Select one:
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a. Under no circumstances.
b. Without restriction.
c. Only if the buyer asks about the seller's motivation for selling.
d. Only after getting informed consent from the seller. - correct
answer -d. Only after getting informed consent from the seller.
A Realtor® who enters into a brokerage agreement with a buyer
is obligated to disclose to the client each of the following issues,
EXCEPT:
Select one:
a. That the seller's agent is forbidden by the Code of Ethics to
reveal the terms and conditions of any offer made by the buyer to
anyone other than the seller;
b. The potential for additional or offsetting compensation from
other brokers, from the seller or landlord, or from other parties;
c. Any potential for the buyer/tenant representative to act as a
disclosed dual agent, e.g., listing broker, subagent, landlord's
agent, etc.;
d. The Realtor®'s company policies regarding cooperation. -
correct answer -that the seller's agent is forbidden by the Code of
Ethics to reveal the terms and conditions of any offer made by the
buyer to anyone other than the seller;
POST LICENSE COURSE (BARNEY
FLETCHER) EXAM QUESTIONS WITH
ANSWERS.
A salesperson runs an advertisement which includes the name
and phone number of the brokerage firm. Which of the following
statements is correct?
Select one:
a. Only the name of the firm must be printed in a size equal or
greater than that of the salesperson.
b. Only the phone number of the firm must be printed in a size
equal or greater than that of the salesperson.
c. Both the name and the phone number of the firm must be
printed in a size equal to or greater than that of the salesperson.
d. Neither the name nor the phone number of the firm must be
printed in a size equal to or greater than that of the salesperson. -
correct answer -c. Both the name and the phone number of the
firm must be printed in a size equal to or greater than that of the
salesperson.
A prospective applicant for a real estate salesperson's license
takes the state exam and passes it in September 2020. In
October 2021 the person submits his application for a real estate
license.
Select one:
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a. This person must pay a fee equal to 2 times the original fee.
b. This person must retake the 75 hour required education prior to
submitting his application.
c. This person must complete post-license education before
submitting his application.
d. This person must retake the state licensing exam. - correct
answer -The correct answer is: This person must retake the state
licensing exam.
Which of the following statements about offers is TRUE?
Select one:
a. An offer becomes a sales contract as soon as it is accepted.
b. An offer must be accompanied by earnest money.
c. Licensees must present all written and oral offers up to time of
closing.
d. Licensees must present all written offers up to time of closing. -
correct answer -Licensees must present all written offers up to
time of closing.
If a landlord and a tenant have a dispute in Georgia
Select one:
a. they may appeal to the real estate commission for a resolution.
b. they must agree to binding arbitration.
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c. they may sue in a court of competent jurisdiction.
d. they must be represented by a licensed Georgia attorney. -
correct answer -c. they may sue in a court of competent
jurisdiction.
REALTOR® A has a listing on a seller's home and the seller has
accepted an offer. The offer is contingent upon the sale of the
buyer's current home. REALTOR® B has a buyer who has
made an offer. Under the Code of Ethics, what should listing
REALTOR® A do?
Select one:
a. Ignore REALTOR® B's offer since the seller's home is already
under contract.
b. Reveal the existence of the contract but not the contingency.
c. Reveal the existence of the contract and the contingency.
d. Present the second offer to the seller without disclosing the
existence of the offer or the contingency. - correct answer -c.
Reveal the existence of the contract and the contingency.
A REALTOR® has a listing on a client's house. The sellers are
getting a divorce and need to sell the home quickly. Under what
circumstances can the REALTOR® reveal this fact to a potential
buyer?
Select one:
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a. Under no circumstances.
b. Without restriction.
c. Only if the buyer asks about the seller's motivation for selling.
d. Only after getting informed consent from the seller. - correct
answer -d. Only after getting informed consent from the seller.
A Realtor® who enters into a brokerage agreement with a buyer
is obligated to disclose to the client each of the following issues,
EXCEPT:
Select one:
a. That the seller's agent is forbidden by the Code of Ethics to
reveal the terms and conditions of any offer made by the buyer to
anyone other than the seller;
b. The potential for additional or offsetting compensation from
other brokers, from the seller or landlord, or from other parties;
c. Any potential for the buyer/tenant representative to act as a
disclosed dual agent, e.g., listing broker, subagent, landlord's
agent, etc.;
d. The Realtor®'s company policies regarding cooperation. -
correct answer -that the seller's agent is forbidden by the Code of
Ethics to reveal the terms and conditions of any offer made by the
buyer to anyone other than the seller;
