Barney Fletcher

A seller wants to list the property with a broker, but wants to avoid paying any commission should the seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid signing? A. an exclusive agency listing B. an exclusive right to sell listing C. an open listing D. all listings - B. an exclusive right to sell listing Mr. Smith listed his farm with broker Bob. Although Smith did not tell him, Bob knew he had to sell due to poor health. What should...

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Barney Fletcher Real Estate Exam

Barney Fletcher Real Estate Exam correctly answered 2023 False - correct answer Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real estate. T/F? D - correct answer Mineral rights are: A. Always considered to be personal property B. Always pass with the land C. Cannot be sold separately from the land D. Pass with the land, unless otherwise specified in the deed C - correct answer Which of the following is NOT an improvement of land?...

A 40 unit apartment building rented units for $300 per month. The annual gross rent multiplier was 10. What was the value? A. $120,000 B. $144,000 C. $1,200,000 D. $1,440,000 D. $1,440,000 40 x $300 per month x 12 months = annual rent of $144,000 x an annual multiplier of 10 = $1,440,000 A seller listed property for sale. There were a limited number of houses available in the area. There were also a great number of buyers interested in purchasing homes in that area. What would M...

BARNEY FLETCHER FINAL EXAM 2024 WITH 100% CORRECT ANSWERS A seller wants to list the property with a broker, but wants to avoid paying any commission should the seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid signing? A. an exclusive agency listing B. an exclusive right to sell listing C. an open listing D. all listings - correct answer B. an exclusive right to sell listing Mr. Smith listed his farm with broker Bob. Although ...

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