Azure tide realty 45hr Practice Exam

Azure tide realty 45hr Practice Exam Which statement would you advise agent Jerome not use in his listing advertisement due to Fair Housing Laws? - Answer-Within walking distance of the Gulf of Mexico Which of the following is correct about the inspection period? - Answer-The buyer may choose to walk away from the contract for any reason. Someone could be heard crying for help from an apartment. Which statement is true? - Answer-Because it is an emergency, the owner may enter. You have just concluded a buyer presentation with Taylor. She likes you and you helped her sister buy a house 6 months ago. She is really excited about getting started. You put the buyer broker agreement in front of her, but you notice she looks very worried and did not sign it right away. You ask her if she has any questions. She immediately says, "Yes, I don't know how I am going to pay you for helping me. A guy at work said he had to pay his real estate agent $10,000. I only have money for the down payment because you helped me get the 1st time home buyer program. I guess I will have to wait until I can save up some money. Which of the following statements cover steps number 4 & 5 of objection handling? - Answer-"You don't have to worry about that because my commission is paid by the seller at closing. Since you don't have to pay me yourself, wouldn't it make sense to work together?" Steering is described as what? - Answer-Using a protected class as a basis to decide where to show someone property. A loan officer has done a brief interview with a buyer without verifying documentation such as income. What is this called? - Answer-Preapproving the buyer. Concept that 20% of pointed action produces 80% of results is called what? - Answer-Pareto's Principle Which of the following statements is true regarding license renewal? - Answer-If the licensee fails to renew the license by the first renewal term, the licensee cannot recover it.