Realestateexamanswers.com [2021]

Real Estate Exam / Test ANSWERS Sales Associate Test

These Exam-Prep Courses with Guides and Answers are to help you pass your Sales Associate ( Pre-License ) Course Exam, your State Real Estate Sales Associate Exam and Post-License 45-hour Class for the states of Alabama, Alaska, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Kansas, Kentucky, Maine, Mississippi , Missouri, Nebraska, Nevada, North Carolina, Rhode Island

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“Real Estate Law” Class

(6 days ago) A seller refuses to pay the real estate commission in a commercial transaction. Contract price is $750,000 and the real estate commission is 7%, but the property is encumbered by a first mortgage for 80% and by a second lien in the amount of $50,000.

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Summary for Chapter 1

(4 days ago) “Real Estate Law” Class – Questions Only – FREE “Ethics and Business Practices” Class – Questions Only – FREE POST-LICENSE (14 HOUR REQUIREMENT) – DIFFERENT CONTINUING EDUCATION CLASSES – QUESTIONS WITH ANSWERS – PAY SECTION

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End of Pre-License Course Exam Questions

(9 days ago) a) Real estate licensees may advertise their residential listings by faxing promotional flyers to a list of local businesses and hospitals that are on the National Do Not Registry. b) Real estate licensees may contact their former customers for up to 18 months following the closing of a transaction, even if the customer’s name in on the

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Real Estate State Exam Sales Associate

(9 days ago) A residential real estate investment property is purchased for $300,000 with the land valued at $70,000. Based on the IRS straight–line method depreciation deduction what is the correct calculation? Mark Smith is preparing to open a real estate office. He has registered the trade name Fast Sales.

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Practice Exam Question

(6 days ago) The duties of a real estate licensee, owed to a buyer or a seller who engages the real estate licensee as a single agent, do NOT include. A) dealing honestly and fairly. B) limited confidentiality, unless waived in writing by a party. C) presenting all offers and counteroffers in a timely manner, unless previously directed otherwise in writing

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Post-License Chapter 1 Quiz Questions Only

(7 days ago) The Florida Real Estate Commission. The Florida Department of State. 9 of 10 – The Real Estate Recovery Fund .. Was designed to assist Florida citizens who have negative equity in their homes. Can pay up to $250,000 per transaction. Was designed to serve as consumer protection for those consumers who were harmed in a real estate transaction.

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Real Estate State Exam Sales Associate

(9 days ago) Real estate taxes in a transaction are $1,034. If a closing is to take place on April 16, with the day of closing belonging to the seller and the 365-day method is used, what is the amount of the proration and how is it handled?

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“Ethics and Business Practices” Class

(Just Now) 16. Are real estate agent professional designations important? A. Not really, as 75% of all real estate agents have at least one designation. B. The public is not even aware of them. C. They demonstrate that the real estate agent has taken additional, specialized real estate …

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Post-License Chapter 16 Quiz Questions Only

(8 days ago) The Florida Real Estate Commission The National Association of Realtors The Department of Commerce. 8 of 10 – In 1968, the Supreme Court ruled in_____ that all discrimination in selling or renting residential property based on race is prohibited under the provisions of the Civil Rights Act of 1866.

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Register New User/Pricing

(3 days ago) This is for “REAL ESTATE LAW” CONTINUING EDUCATION CLASS - (PART OF THE 14 HOUR REQUIREMENT) - MONTH TO MONTH. In this POST-LICENSE Access Package you will have access to answers to all quizzes and tests in this class. Payment will …

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Post-License Final Test Questions Only

(3 days ago) The real estate license for this associate is null and void. The associate may have a six-month extension in which to complete the requirement. The real estate license for this associate is involuntarily inactive. 23 of 100 – Repairs or conditions noted on the home inspection: Are often paid for by the brokers so the deal is preserved.

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“Real Estate Law” Class

(9 days ago) A seller refuses to pay the real estate commission in a commercial transaction. Contract price is $750,000 and the real estate commission is 7%, but the property is encumbered by a first mortgage for 80% and by a second lien in the amount of $50,000.

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“Millennials Are Changing Real Estate: Are You Ready

(1 days ago) The real estate agent should: A. Ask the parents to pitch in some money so Larry can buy a bigger home B. Tell the parents everything C. Politely ask the parents to speak directly with Larry; the real estate agent has a fiduciary duty to keep Larry’s client information confidential D. Tell the parents the basics – which properties were seen 17.

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Real Estate State Exam Sales Associate

(9 days ago) A real estate license application received by the DBPR expires after what period of time? Which individual is exempt from real estate licensure? A developer advertises homes for sale with a total down payment of $2,000. A qualified buyer offers to pay the $2,000 down, but the developer states that the $2,000 down homes are all sold.

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Post-License Chapter 12 Quiz Questions Only

(8 days ago) Real Estate agents to fully disclose their commission and other fees. Lenders to fully disclose their fees and costs to borrowers. That closing take place within 30 days of buyer and seller reaching an agreement. Requires that real estate agents be present at their clients’ closings.

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Post-License Ch.4 Summary Notes

(6 days ago) Benefits of Hiring a Real Estate Agent. Security is one of the best benefits you offer your client; You can also get better exposure for the home; You should point out that legal issues surrounding real estate are complex, as is the paperwork. Marketing Plan. Tell clients how often you intend to hold open houses, on what days, and during what

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Post-License Chapter 9 Quiz Questions Only

(7 days ago) chapter 9 quiz questions only – answers will be revealed with Post-License subscriptions. 1 of 10 – According to the Statute of Frauds? Verbal agreements can be used to buy and sell real property. Only written agreements that are signed by all parties can be used to buy and sell real property.

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Post-License Ch.1 Summary Notes

(6 days ago) The Real Estate Recovery Fund was designed to serve as consumer protection for those consumers who were harmed in a real estate transaction and who seek compensation. Punitive damages punishment are never awarded. To obtain the funds, a civil suit must be filed against a broker claiming a violation of Chapter 475.

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Sample Math Questions

(6 days ago) Sample Math Questions Edition with no answers: 1) A residential zoning category requires at least 8,500 square feet per lot. The developer is reserving 25% of the land to streets, sidewalks, a park and a community center. The tract of land for development consists of 100 acres.

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Post-License Chapter 14 Quiz Questions Only

(8 days ago) A guaranteed return is possible on real estate because of depreciation. Cash flow is improved due to depreciation. 2 of 15 – Which would NOT be an advantage of real estate investment? The use of leverage. The ability to depreciate the cost basis. Control and use of …

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Post-License Ch.16 Summary Notes

(7 days ago) A real estate association/board is a voluntary organization whose members are engaged in some phase of the real estate business. The National Association of Realtors unites and unifies the organized real estate interests of the Nation and presents a common cause and program regarding national issues affecting real property.

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Post-License Ch.10 Summary Notes

(7 days ago) Post-License Ch.10 Summary Notes. The Offer Presentation. After you’ve filled out the Cost Disclosure and your buyers have determined that the costs are within their means, you’ll fill out the actual purchase offer or sales contract.. The Offer Presentation. Contact the sellers’ agent as soon as possible, and let him know you have an offer to present.

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Real Estate State Exam Sales Associate

(9 days ago) 3. Acting as a real estate agent without proper. licensing , can the person ever get a proper real estate license in the future? 4. Which individual must have a. real estate license if performing the stated. activities for a fee for another person? 5. What’s the experience requirement for a sales associate to.

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Post-License Class Review Quiz Questions Only

(Just Now) Foreigners must hold a real estate license in order to buy or sell any property. 24 of 50 – Jim lives in an apartment building and helps the owner rent and lease vacant apartments for six months at a time. Jim also manages a nearby condo association with a budget of $130,000 per year.

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Post-License Ch.2 Summary Notes

(6 days ago) Gather information about your region’s real estate industry. Include information about homes currently on the market, recently sold, and recently expired. You can break down your market analysis into areas and into types of hom; You should also do some analysis on new construction.

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Post-License Ch.6 Summary Notes

(6 days ago) Post-License Ch.6 Summary Notes. The Seller’s Real Property Disclosure Statement discloses the overall condition of the home, to the best of the sellers’ knowledge.. The sellers fill out the information themselves.; Keep copies of the Disclosure Statement at the home.; Make the sellers aware of the legal responsibilities of disclosure.; Do some investigating of your own and find out about

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Post-License Chapter 15 Quiz Questions Only

(8 days ago) John does not have a real estate license. Which is true of John’s status? John is in violation of Chapter 475 and may be found guilty of practicing real estate without a license. John is covered by an exemption in the real estate license law because he lives in the apartment building.

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Post-License Chapter 8 Quiz Questions Only

(7 days ago) 8 of 10 – Identify this type of buyer: “I used to be a real estate agent, so I could probably do this on my own, but my wife is nervous about all the legal stuff, so here we are.”? Know-it-All Not in a Hurry Likes Everything Quick Decision-maker. 9 of 10 – You are in the office because you are …

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Post-License Ch.3 Summary Notes

(6 days ago) In response to real estate signs or advertisemen; When calling, you must immediately identify yourself, the company you’re representing, and the reason for your call. You cannot block your name or number or give false or incomplete information. Advantages. You can make several calls in a short period of tim

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Post-License Ch.8 Summary Notes

(6 days ago) Post-License Ch.8 Summary Notes. A buyer isn’t likely to come from an open house.The person who benefits most is the agent. Advertise it aggressively.; Develop a simple advertising piece that can be used as a mailer and a flyer.; Have registration/feedback forms or cards for people to fill out. Floor time is a block of time when the agent is required to be in the office and available to take

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Post-License Chapter 6 Quiz Questions Only

(7 days ago) Post-License Chapter 6 Quiz Questions Only. chapter 6 quiz questions only – answers will be revealed with Post-License subscriptions. 1 of 10 – All of the following are true about Florida real estate disclosure laws EXCEPT? Disclosure rules do not apply to nonresidential transactions. That compensation determines whether an agency or

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Post-License Chapter 7 Quiz Questions Only

(7 days ago) 3 of 10 – What is the primary purpose a seller hires a real estate agent according to the course? To increase their seller’s net To avoid being sued To market the property to potential buyers For legal advice. 4 of 10 – How soon must a copy of the signed listing agreement be given to the sellers? You are not required to give them a copy.

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Post-License Ch.7 Summary Notes

(6 days ago) Post-License Ch.7 Summary Notes. If something is filled out incorrectly you can be held liable for misrepresentation.. A copy of the listing contract must be given to the sellers within 24 hours after it has been filled out and signed.An Open Listing gives a broker the right to market and sell a property, but that right isn’t exclusive.. Seller can work with as many brokers as he wan

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Post-License Ch.5 Summary Notes

(6 days ago) The benefit of a broker open house is that the sellers’ home gets great exposure among the local real estate community. The sellers should not be present. A profile sheet is a single page of information about the house. Commit to contacting the sellers weekly to update them on the week’s activities.

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Post-License Ch.9 Summary Notes

(6 days ago) Post-License Ch.9 Summary Notes. The Statute of Frauds states that any contract for the sale of real property must be in writing and signed by all parties involved.. An option contract it’s a unilateral agreement.A standard sales contract is a bi-lateral agreement.. A voidable contract is one that looks valid but can, in fact, be broken.An implied contract is created when actions indicate

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Post-License Ch.14 Summary Notes

(7 days ago) Post-License Ch.14 Summary Notes. Advantages of Real Property Investment: Leverage – Using borrowed funds for real estate investment.; Control and Use – intrinsic val; Reasonable Returns – The yield on real estate investment has remained ahead of inflation.; Some tax advantages; Low interest rates on borrowed funds

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Post-License Chapter 11 Quiz Questions Only

(8 days ago) “Real Estate Law” Class – Questions Only – FREE “Ethics and Business Practices” Class – Questions Only – FREE POST-LICENSE (14 HOUR REQUIREMENT) – DIFFERENT CONTINUING EDUCATION CLASSES – QUESTIONS WITH ANSWERS – PAY SECTION

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Post-License Chapter 2 Quiz Questions Only

(7 days ago) 1 of 10 – What does it mean to “qualify” a seller in real estate? To see if you will enjoy working with that person. To find out if the seller is truly ready to sell. To avoid working with minority sellers. To see if the property is valuable enough to list. 2 of 10 – You are scheduled for “floor time” tomorrow.

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Post-License Ch.11 Summary Notes

(7 days ago) Post-License Ch.11 Summary Notes. Fixed-Rate Mortgages. The due-on-sale clause works in favor of buyers, because the prime rate is still very low.. A Graduated Payment Mortgage (GPM) should only be considered by borrowers who are certain their income is going to steadily increase over the next few years, and who don’t intend to sell the house for five to ten years.

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“Navigating a Hot Sellers Market” Class

(4 days ago) Which licensee is more likely to be successful in listing homes in a hot sellers' market? A. The one who works for a large national firm B. The one who works for a discount listing firm C. The one who offers the most comprehensive and thoughtfully prepared marketing strategy D. The one who offers the lowest commission 2. What should a licensee do to make the best first impression on MLS and

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Post-License Ch.15 Summary Notes

(7 days ago) Post-License Ch.15 Summary Notes. The duties of a property manager:. Preserving the integrity of the property. Preserving the income stream from the property. Duties will fall into the following areas:

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“Navigating a Hot Sellers Market” Class

(7 days ago) 14. Are real estate agent professional designations important? A. Not really, as 75% of all real estate agents have at least one designation. B. The public is not even aware of them. C. They demonstrate that the real estate agent has taken additional, specialized real estate …

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Post-License Chapter 3 Quiz Questions Only

(7 days ago) That the Real Estate Recovery Fund will pay you up to $100 a month. 7 of 10 – When someone whose previous listing expired tells you mistakes the previous agent made? Point out how unprofessional their previous agent was, and promise to do better. Defend the other agent. You guys have to stick together!

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Post-License Chapter 4 Quiz Questions Only

(7 days ago) Post-License Chapter 4 Quiz Questions Only. chapter 4 quiz questions only – answers will be revealed with any Post-License subscriptions. 1 of 10 – When developing a marketing plan for the CMA you should? Include how often you intend to hold open houses. Estimate the number of visitors you expect at each open house.

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Post-License Chapter 5 Quiz Questions Only

(7 days ago) So that the sellers will realize how complicated real estate is and how much they need the help of an agent like you. So your sellers have a realistic idea of what to expect when they list their home. 9 of 10 – Who typically attends a Broker Open House? Commission members to see how brokers are performing Other brokers and agents from the area.

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Post-License Chapter 10 Quiz Questions Only

(8 days ago) chapter 10 quiz questions only – answers will be revealed with Post-License subscriptions. 1 of 10 – If your buyers’ offer is rejected, you should? Tell your buyers to move on and find more reasonable sellers to work with. Call the sellers directly and ask for an explanation. Touch base with the sellers’ agent.

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