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1. A typical listing agreement does NOT authorize the broker to: a. accept an offer to purchase the property b.submit offers to purchase the property
1. A typical listing agreement does NOT authorize the broker to:
a. | accept an offer to purchase the property |
b.submit offers to purchase the property |
c. accept earnest money deposits from prospective buyers on behalf of the seller |
d.act as the sellers agent |
2.When a listing agent transfers to another brokerage:
a. the agent automatically takes his/her listings |
b.the listings remain with the broker since the listing agreement is a contract between the seller and the broker |
c.the listing agent is entitled to a referral fee, if the listing sells after the transfer |
d.None of the above |
3.When taking a listing, the agent should:
a. let the seller know what to expect regarding open houses, signs, and the escrow process |
b.give instructions on preparing the house for sale |
c. explain how the keybox works |
d.All of the above |
4.What type of information is conveyed in a weekly activity report?
a.Inquiries regarding the property |
b.Advertising for the listing |
c.Summary of showings and open houses |
d.All of the above |
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