Unit 6 Quiz Attempt #2
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Question 1 of 25
1. Question
What are two common brokerage engagements?
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Question 2 of 25
2. Question
A Multiple Listing Service (MLS) is:
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Question 3 of 25
3. Question
Which statement is false? When posting a listing, your listing should:
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Question 4 of 25
4. Question
Photos for a listing should…
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Question 5 of 25
5. Question
You’re selling a 4 bedroom/5 bathroom townhouse that is 2 blocks from the nearest ocean and 1 block away from the nearest elementary school. Which description is best for this listing?
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Question 6 of 25
6. Question
Which statement is false: MLS violations:
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Question 7 of 25
7. Question
What did the Federal Trade Commission Act want to encourage?
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Question 8 of 25
8. Question
Which statement defines a deceptive ad?
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Question 9 of 25
9. Question
What is a cease-and-desist order?
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Question 10 of 25
10. Question
What is the Do Not Call Implementation Act of 2003?
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Question 11 of 25
11. Question
What is the CAN-SPAM Act of 2003?
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Question 12 of 25
12. Question
In order to show the seller they are serious, a buyer will do what?
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Question 13 of 25
13. Question
What is a broker’s compensation defined as?
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Question 14 of 25
14. Question
Define comparative market analysis
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Question 15 of 25
15. Question
The legal act of enforcing the terms of the purchase contract by either buyer or seller is…
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Question 16 of 25
16. Question
In order to place a For Sale sign on a listed property, a licensee must first:
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Question 17 of 25
17. Question
Who is entitled to the commission of a sale in an open listing?
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Question 18 of 25
18. Question
The brokerage firm become WHAT when executing an agency listing contract?
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Question 19 of 25
19. Question
If the person representing the seller alerts the buyer that they would accept a lower price then the salesperson is:
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Question 20 of 25
20. Question
In a real estate listing contract, the broker protection clause provides:
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Question 21 of 25
21. Question
If a seller lists a property with a new brokerage or firm after a listing agreement with a prior brokerage expires, the original listing agent:
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Question 22 of 25
22. Question
A broker tells a seller that he will buy the property himself if it does not sell within 60 days. Which statement is TRUE?
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Question 23 of 25
23. Question
A seller decided that his house was no longer listed for sale a month after signing the listing agreement with a broker. Which of the following is true?
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Question 24 of 25
24. Question
To prosecute under the Georgia’s Fair Business Practices Act:
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Question 25 of 25
25. Question
Should a salesperson want to purchase his/her own broker’s listing, what should the salesperson do?
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