Question 77: In showing properties for sale, which of the following is a recommended course of action? A: Allow the seller's pets to roam around and interact with guests. B: Agents should tell the next door neighbors to stay home. C: Before the open house, the agent should open the drapes on all windows to let in the natural light. D: Make sure the home looks "lived in" by …
40 of 100 In showing properties for sale, which of the following is a recommended course of action? A. Allow the seller’s pets to roam around and interact with guests. B. Agents should tell the next door neighbors to stay home. C.
Oct 11, 2020 · In showing properties for sale, which of the following is a recommended course of action? Allow the seller's pets to roam around and interact with guests. Agents should tell the next door neighbors to stay home. Before the open house, the agent should open the drapes on all windows to let in the natural light.
What should a real estate professional do if it appears a seller is looking for a non-minority buyer? The agent should just ignore the seller. The agent should look for non-minority buyers. The agent should report the seller to HUD.
(1) All transactions of $1,000,000 or more. All federally related transactions having a transaction value of $1,000,000 or more shall require an appraisal prepared by a State certified appraiser. (2) Commercial real estate transactions of more than $500,000.
What does "time is of the essence" mean? This phrase emphasizes the requirement that events related to the contract must be performed on time.
Which of the following conditions is necessary for a customer to qualify as "ready, willing, and able" in the context of a commissionable transaction? The customer's offer must be accepted.
A qualified appraiser creates a report based on an in-person inspection, using recent sales of similar properties, current market trends, and aspects of the home (for example, amenities, floor plan, square footage) to determine the property's appraisal value.
There is no legal requirement to carry out appraisals, but most employers have a yearly or twice-yearly review process. Appraisals are often used to determine whether targets have been achieved and make decisions about future work. Another reason for appraisals is to discuss career plans.
6 things that should be included in a property management... Fees and services. ... The responsibilities of the property owner. ... Equal opportunity housing. ... Liability. ... Contract duration. ... Termination clause.Jan 11, 2019
Common contingencies in real estate include an appraisal contingency, inspection contingency, sale contingency or funding contingency.Mar 2, 2022
The most common types of contracts that must be in writing are: Contracts for the sale or transfer of an interest in land, and. A contract that cannot be performed within one year of the making (in other words, a long-term contract like a mortgage).Jan 22, 2020
In which of the following contact situations would a seller's agent be expected to disclose his agency relationships? The agent is showing the client's property to a prospective buyer. present all offers to the principal. specific activities on behalf of the principal, as defined in the agency agreement.
which of the following businesses entities is generally prohibited from brokering Real Estate? A brokerage that is not affiliated with a franchisor. a single employing broker who has an active broker's license. fulfill the fiduciary duties owed to the broker and the broker's clients.
Designated agency is a form of dual agency. It is an optional practice permitted in North Carolina when one firm represents both the buyer and seller. In order to offer designated agency firms must have policies and procedures to insure that the confidential information of the parties is protected.