Chicage school Study guides, Study notes & Summaries

Chicago Real Estate School: Chapter 13: Real Estate Brokerage Operations & Agreements Questions With Correct Answers! Chicago Real Estate School: Chapter 13: Real Estate Brokerage Operations & Agreements Questions With Correct Answers! Sponsoring Broker -ANSWER Entity holding the company real estate license, whether the entity is an individual who operates as a sole proprietorship, partnership, LLC, corporation or LLP Must be self sponsored. Managing broker -ANSWER A broker who has sup...

Sponsoring Broker -ANSWER Entity holding the company real estate license, whether the entity is an individual who operates as a sole proprietorship, partnership, LLC, corporation or LLP Must be self sponsored. Managing broker -ANSWER A broker who has supervisory responsibilities for licensees in one or, in the case of a multi office company, more than one office and who has been appointed as such by the sponsoring broker. Policy and procedures manual -ANSWER Establishes clear understandin...

Policy and procedures manual -ANSWER Establishes clear understanding of relationship between brokers and sponsored licensees. It serves as a risk management tool for the company. Errors and Omissions Insurance -ANSWER real estate equivalent of malpractice coverage Price-Fixing -ANSWER the practice of setting prices for products or services rather than letting competition on the open market establish them. It is illegal Group Boycotting -ANSWER Occurs when two or more businesses conspire...

Managing broker -ANSWER A broker who has supervisory responsibilities for licensees in one or, in the case of a multi office company, more than one office and who has been appointed as such by the sponsoring broker. Policy and procedures manual -ANSWER Establishes clear understanding of relationship between brokers and sponsored licensees. It serves as a risk management tool for the company. Errors and Omissions Insurance -ANSWER real estate equivalent of malpractice coverage Price-Fixi...

Sociology 211 Including notes from the following readings: - Savage, Warde & Warde (2003) - Fischer (2013) - Castells (2002 & 2010) - Sassen (2010) - Dear (2013) - Harvey (2008) - Mayer (2017)