Unit 6 Quiz Attempt #2

What are two common brokerage engagements?

A Multiple Listing Service (MLS) is:

Which statement is false; when posting a listing, your listing should:

Which statement is true: 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?

In order to show the seller they are serious, a buyer will do what?

In order to show the seller they are serious, a buyer will do what?

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:

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:

What is the action used to enforce the terms of the purchase contract?