Post Licensing Education for FL Real Estate Sales Associate - Practice Exam 101 Questions

A comparative market analysis (CMA) with adjustments assumes that adjustments for differences have been made to the comparable property. The point where the business cycle, at its highest point, levels off and begins to fall is called recession A licensed sales associate employs a salaried, unlicensed personal assistant. The assistant hands out brochures at an open house but does not do any selling, nor does she write contracts. Which is TRUE? This activity is allowed Which is FALSE about fair housing? An apartment building owner may assign families with children to one particular building if older people live in the other buildings. The BEST and least expensive method of renting or leasing residential properties is the use of referrals from satisfied tenants Joining Toastmasters is an effective way to improve which skill? Oral communication Sales associates should spend MOST of their time working with buyers who have to move into the area in 60 days from out of town. A real estate contract given to one broker as sole agent for the sale of an owner's property, with a commission going to that broker regardless of who actually sells the property during the contract period, is an exclusive-right-to-sell listing. Which is the LEAST likely to help a sales associate obtain a listing? Sympathy Unlicensed personal assistants who are directed by the sales associate in how to do their jobs cannot be classified as independent contractors, and must pay withholding taxes. Which FSBO activity is more likely to generate a listing? Visiting City and county taxes are $760. The closing date is September 15, and the buyer is charged for the day of closing. Using the 365-day method, what is the proration of taxes between the seller and the buyer? Debit seller; credit buyer $535.12