GRI Exam Questions With Verified Answers

GRI Exam Questions With Verified Answers The Do Not Call Act Prohibits Calls to -- - ANSWER residential and cell phone numbers registered with Federal Trade Commission. Do Not Call Act Exception include: - ANSWER Call may be placed for up to 18 months after the last transaction to a consumer with an established business relationship. A consumer who made an inquiry may be called for up to 3 months from the initial inquiry. A consumer who has given written permission CAN-SPAM set--- - ANSWER rules for all sending commercial email. CAN SPAM requires all commercial email to contain: - ANSWER An opt out Mechanism which is to remain active for at least 30 days after the message transmission. A clear and conspicuous notice that the message is an advertisement. A legitimate return email address A valid physical In the sales process, the listing agent is most responsible for- - ANSWER Marketing the property The NAR 2012 Home Buyer and Seller Survey, reports that the successful sale of FSBO properties increases slightly to 6% when: - ANSWER eliminating material relationship transactions. Per NAR Survey the number 1 reason that seller attempt to sell their property FSBO is: - ANSWER their reluctance to pay a commission 3 types of behaviour that can be displayed and encourage when in a negotiation - ANSWER Red, Blue and Purple What color is recognized as representing a win-win behaviour - ANSWER Purple Two types of negotiation strategies are: - ANSWER adversarial and interest-based. Interest-based is recognized as - ANSWER producing win-win results. BATNA stand for-- - ANSWER Best Alternative to a Negotiated Agreement BATNA is the best option if the current negotiation - ANSWER fails When conducting a negotiation, it would be considered prudent practice to: - ANSWER Ask effective questions Explain the process to your client Ask for a concession in return for giving one A REALTOR must - ANSWER take responsibility for what is conveyed to all parties and prevent their personal opinions from causing the buyer and seller to dislike each other. When counter-offering you should - ANSWER avoid negotiating down to only one item - if the only thing you are negotiating is price, you lose Leverage. To maintain your reputation and gain the respect of all the parties in the negotiation, a REALTOR should - ANSWER Keep all appointments Return calls in a timely manner fulfill promises Technology Tools to build your busines - ANSWER A City-D Google Alerts ( M T Z Largest provided of E-forms? - ANSWER ZipForm- Exclusive form software to NAR When an agent use TBD in a contract - ANSWER The contract will be void property sold subject to Due diligence period - ANSWER Time period to discover defects and righet to seek to address concerns through mutual agreemen