Broker topics Study guides, Class notes & Summaries

Mckissock Ch 1 Exam Questions With 100% Correct Answers one advantage of networking as a way of marketing yourself is that networking is the ONLY - answerway to market yourself for free what acronym used in cell phone contact lists should be place in front of the name of the person to be contacted when something goes wrong? - answerI.C.E " in case of emergency" what is the best weapon that you possess as a real estate professional? - answerYour common sense when a stranger walks into t...

Real estate law in DC created by... - Answer-City Council How many members in DREC? Terms run? - Answer-9 (3 brokers, 2 salespersons, 2 property managers, 1 attorney, 1 consumer not in real estate profession)--must be in field for 5 years 3 years (max 3 consecutive terms) Must take DC test within....of completing education - Answer-1 year Salespersons must activate license within... - Answer-6 months of passing Can keep license on inactive for how many years - Answer-5 How much CE during...

IL Real Estate Law Graded A Transfer of Crops ️Transferred on March 1 regardless of when the farm is sold. If crops are not yet harvested, then a date is specified in the contract. Buyer assumes FULL tax payment for the current year. Real Estate License Act of 2000 ️Governs real estate law in IL. Run by IDFPR. Duty of Accounting ️All contract copies must be delivered within 24 hours to every signer. Conversions and commingling escrow accounts is forbidden. Duty of Confidentia...

Fl Real Estate Laws Graded A+ The Real Estate License Law 1. Protect consumers from loss because of dishonest and incompetent real estate sales associates 2. Protect the good standing of ethical associates from the adverse publicity caused by unprincipled licensees Florida Real Estate Commission (FREC) consists of seven members appointed by the governor and confirmed by the state Senate. The Commission is composed of four real estate brokers (actively licensed for five of the prece...

DC Real Estate Exam Correct Questions and A Real estate law in DC created by... - ANSWER City Council How many members in DREC? Terms run? - ANSWER 9 (3 brokers, 2 salespersons, 2 property managers, 1 attorney, 1 consumer not in real estate profession)--must be in field for 5 years 3 years (max 3 consecutive terms) Must take DC test within....of completing education - ANSWER 1 year Salespersons must activate license within... - ANSWER 6 months of passing Can keep license on inacti...

Unit 22 Arkansas Licensing Overview Arkansas Real Estate Commission (AREC) The agency that regulates the RE practice and brokerage in Ar. It assists in protecting the health, safety, and welfare of the public and to require minumum standards or competence and conduct by those licensees representing or working with the public in RE matters. The licensing division Reviews applications of individuals applying to take the Ar RE exam, issues licenses to persons who enter the profession, a...

Real Estate Marketing Power House Training 54 Questions with Verified Answers Geographic farm - CORRECT ANSWER An area of neighborhoods or subdivisons that is serviced by your firm. Marketing plan - CORRECT ANSWER A plan by which you develop to gain name recognition A plan by which you develop to gain name recognition - CORRECT ANSWER Becoming different in your approach through growth and development Economic farm - CORRECT ANSWER All the properties in a particular price range, in th...

TREC has the authority under TRELA to suspend or even revoke a broker's license if: They conduct the unlawful practice of law ESAC stands for: Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? 5th Amendment. The CFPB is the: Consumer Financial Protection Bureau A professional org...

Mckissock Ch 1 Exam Questions With 100% Correct Answers one advantage of networking as a way of marketing yourself is that networking is the ONLY - answerway to market yourself for free what acronym used in cell phone contact lists should be place in front of the name of the person to be contacted when something goes wrong? - answerI.C.E " in case of emergency" what is the best weapon that you possess as a real estate professional? - answerYour common sense when a stranger walks into t...

Which of these is true regarding the exchange of consideration among parties involved in an insurance contract - Can be unequal Who typically makes the purchase payments in an individual annuity? - owner Death benefits from a life insurance policy are normally considered to be - exempt from federal income tax A consumer who has been recently denied insurance, credit, or employment based on an unforgivable consumer report MUST be advised as such. Which of the following does this statute ori...