What is a brokers agent Study guides, Class notes & Summaries
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![Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024](/docpics/3390221/64f98bc2a96bb_3390221_121_171.jpeg)
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Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024
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Florida Real Estate Exam TEST 
Questions WITH 100% Correct 
Answers LATEST UPDATE 
2023/2024 
Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer 
Which of the following is true about leverage? - ANSWER Leverage is the use of 
borrowed funds to purchase assets. 
Which of the following liens would take priority? - ANSWER A property tax lien 
In which of the following theories of mortgage lending does the borrower not retain 
ownership of the property during the loan ...
![301- NC Post Licensing Questions With 100% Correct Answers.](/docpics/3523692/65164e9c8353d_3523692_121_171.jpeg)
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301- NC Post Licensing Questions With 100% Correct Answers.
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Can an inactive agent be paid a referral commission if they were active at the time they made the 
referral? - Yes. If and only if they were active at time of referral 
Must Dual Agency be in writing? - Before an offer is made, Yes. Dual agency must be in writing 
and signed by both parties 
At a listing appointment, the agent should be gathering all information for listing and what? - 
Advertising 
May a BIC and their Provisional Broker enter into dual agency together? - No. Because the BIC 
ov...
![CA Life Insurance Exam Questions and Answers 100% Pass](/docpics/64270a15b4382_2539287.jpg)
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CA Life Insurance Exam Questions and Answers 100% Pass
- Exam (elaborations) • 27 pages • 2023
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CA Life Insurance Exam Questions and Answers 100% Pass What is meant by referring to an insurance policy as a unilateral contract? Only one party makes a legally enforceable promise. 
When must insurance records of insurance agents and brokers be made available to the Insurance Commissioner? At all times. 
Any situation that presents the possibility of a loss is known as a loss exposure 
Which of the following information is not required to be communicated in a Life insurance contract? Personal ...
![PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024](/docpics/3336569/64ef0bbb567cd_3336569_121_171.jpeg)
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called ️ a contract 
Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting 
other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, the cost will probabl...
![Gold Coast FINAL EXAM STUDY SET (Questions and Answers, 100% Verified)](/docpics/2928141/649110d6e1cd4_2928141_121_171.jpeg)
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Gold Coast FINAL EXAM STUDY SET (Questions and Answers, 100% Verified)
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Gold Coast FINAL EXAM STUDY SET for 4/11 
Gold Coast FINAL EXAM STUDY SET (Questions and Answers, 100% Verified) 
what are the the areas a realtor should be an expert in? 
Marketing 
Valuation & Market Conditions 
Property Transfer 
"MVP" 
Does one need to be a resident of the state or a citizen of the U.S. to get a FL real 
estate license? 
to get a FL real estate license, you don't need to be a citizen 
What must an applicant for a real estate license do if he has been convicted of a 
cri...
![301- North Carolina Post Licensing | 60 Questions with 100% Correct Answers | Verified | Latest Update 2024](/docpics/4342227/65b40ea0af746_4342227_121_171.jpeg)
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301- North Carolina Post Licensing | 60 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 6 pages • 2024
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Can an inactive agent be paid a referral commission if they were active at the time they made the 
referral? - Yes. If and only if they were active at time of referral 
Must Dual Agency be in writing? - Before an offer is made, Yes. Dual agency must be in writing and 
signed by both parties 
At a listing appointment, the agent should be gathering all information for listing and what? - 
Advertising 
May a BIC and their Provisional Broker enter into dual agency together? - No. Because the BIC 
ov...
![California Life Insurance Exam | Questions with 100% correct answers | verified](/docpics/2995703/64a06bc65dda9_2995703_121_171.jpeg)
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California Life Insurance Exam | Questions with 100% correct answers | verified
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What is meant by referring to an insurance policy as a unilateral contract? - Only one party makes a 
legally enforceable promise. 
When must insurance records of insurance agents and brokers be made available to the Insurance 
Commissioner? - At all times. 
Any situation that presents the possibility of a loss is known as - a loss exposure 
Which of the following information is not required to be communicated in a Life insurance contract? - 
Personal judgment. 
The direct distribution of insura...
![Champions Real Estate Marketing SAE Exam with complete solutions](/docpics/641dd87ee9dab_2511489.jpg)
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Champions Real Estate Marketing SAE Exam with complete solutions
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Most common reason a property fails to sell is - Answer- price 
 
Matching human needs with goods or services to meet those needs is the process of - Answer- marketing 
 
_____________________ is a key personality trait of a successful agent - Answer- problem solving 
 
3 Ways Sales Agents Add Value to the Buying Process - Answer- Counseling, Negotiating, and Managing the transaction 
 
Four P's of marketing real estate - Answer- product, promotion, price and place 
 
How can you know your prod...
![NYS Real Estate Exam 2024](/docpics/4309347/65affef9d0079_4309347_121_171.jpeg)
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NYS Real Estate Exam 2024
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NYS Real Estate Exam 2024 
Which of the following is considered a fixed operating expense? utilities, cleaning expenses, 
insurance premiums, management fees. - Answer ️️ -Insurance Premiums 
What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume 
what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers 
debits over the buyers credits 
real estate agents are typically what kind of agent - Answer ️️ -special agent 
what...
![RECA Fundamentals Exam Questions and Answers Already Passed](/docpics/63e62127a61c5_2356607.jpg)
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RECA Fundamentals Exam Questions and Answers Already Passed
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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