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You must review the material for this section and reattempt the Unit 6 quiz (Attached to the link below) to proceed to the next section.
What are two common brokerage engagements?
A Multiple Listing Service (MLS) is:
Which statement is false? When posting a listing, your listing should:
Photos for a listing should…
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?
Which statement is false: MLS violations:
What did the Federal Trade Commission Act want to encourage?
Which statement defines a deceptive ad?
What is a cease-and-desist order?
What is the Do Not Call Implementation Act of 2003?
What is the CAN-SPAM Act of 2003?
In order to show the seller they are serious, a buyer will do what?
What is a broker’s compensation defined as?
Define comparative market analysis
The legal act of enforcing the terms of the purchase contract by either buyer or seller is…
In order to place a For Sale sign on a listed property, a licensee must first:
Who is entitled to the commission of a sale in an open listing?
The brokerage firm become WHAT when executing an agency listing contract?
If the person representing the seller alerts the buyer that they would accept a lower price then the salesperson is:
In a real estate listing contract, the broker protection clause provides:
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:
A broker tells a seller that he will buy the property himself if it does not sell within 60 days. Which statement is TRUE?
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?
To prosecute under the Georgia’s Fair Business Practices Act:
Should a salesperson want to purchase his/her own broker’s listing, what should the salesperson do?