NCREL Post Licensing 301 Broker Relationships and
Responsibilities 2025/2026 ACTUAL COMPLETE
REAL EXAM QUESTIONS AND VERIFIED
ANSWERS |RECENTLY TESTING REAL
EXAM QUESTIONS| 100% SOLVED!!
When it comes to a CMA, what is considered best practice? -
ANSWER-Always
adjust comps, never
subject.
Fewer adjustments are
preferred.
When performing a CMA and advising a client of the property's
probable selling
price, the licensee should give the greatest weight to which?
- ANSWER-The
property with the fewest
adjustments
A broker is called to a listing appointment where the wife is out
of town. The husband signs the listing agreement and advises
, his wife will be back next Wednesday to sign. The Sunday prior
to her return, he accepts and offer. Once the wife is back, the
agent reaches out for her signature on the listing agreement
only to find out a divorce is pending and the wife refuses to
sign. What happens in this situation? - ANSWER-Without the
wife's signature on the listing contract, the commission will be
difficult if not impossible to collect. Both parties must sign the
listing agreement.
When a firm offers to cooperate with other firms and brokers in
the sale of it's listing, the listing firm may? - ANSWER-Offer
various rates of commissions on various listings such as 2.1%,
3.9% and bonuses on the sale of some but not others
A broker protection agreement allows what? - ANSWER-the
agent to show
listed property to only particular people and get
paid if they buy.
When advertising a property for a builder if you mention
a specific down
payment, you would be required to make full disclosure
of all significant
financing terms to comply with what? - ANSWER-Truth in
Lending Act /
Responsibilities 2025/2026 ACTUAL COMPLETE
REAL EXAM QUESTIONS AND VERIFIED
ANSWERS |RECENTLY TESTING REAL
EXAM QUESTIONS| 100% SOLVED!!
When it comes to a CMA, what is considered best practice? -
ANSWER-Always
adjust comps, never
subject.
Fewer adjustments are
preferred.
When performing a CMA and advising a client of the property's
probable selling
price, the licensee should give the greatest weight to which?
- ANSWER-The
property with the fewest
adjustments
A broker is called to a listing appointment where the wife is out
of town. The husband signs the listing agreement and advises
, his wife will be back next Wednesday to sign. The Sunday prior
to her return, he accepts and offer. Once the wife is back, the
agent reaches out for her signature on the listing agreement
only to find out a divorce is pending and the wife refuses to
sign. What happens in this situation? - ANSWER-Without the
wife's signature on the listing contract, the commission will be
difficult if not impossible to collect. Both parties must sign the
listing agreement.
When a firm offers to cooperate with other firms and brokers in
the sale of it's listing, the listing firm may? - ANSWER-Offer
various rates of commissions on various listings such as 2.1%,
3.9% and bonuses on the sale of some but not others
A broker protection agreement allows what? - ANSWER-the
agent to show
listed property to only particular people and get
paid if they buy.
When advertising a property for a builder if you mention
a specific down
payment, you would be required to make full disclosure
of all significant
financing terms to comply with what? - ANSWER-Truth in
Lending Act /
