real estate questions

s. Dawn is an agent with the Delft Agency and is working with the Cramers as a Buyers' agent. She sells them a property listed by Tim Robbins of the Redx Agency, Redx negotiated a commission of 6,5with 3x to selling agency and 3.5% to the listing agency. The property is listed for $350,000 and the Cramers make an offer of $335.000 which is accepted by the sellers. If Dawn's employing broker offers a commission split of 50/50 on sales of other broker's listings, what is Dawn's share of the commission earned on this sale? a. $5,443.70 b. $5,025.00 c. 55,250.00 d. $5,687.50 76. Paolo Guemert owns a small multi-family building that generates $50,000 net income with a capitalization rate of 10%. Taxes and utilities run about $1,050 per month. Using the appropriate numbers and the income capitalization method, Paolo has determined the value of the property 2. $5,000,000 6. $3.740.000 c. $374.000 d. $500,000 77. Tom Everswrs a small retail plumbing supply business. He rents a 1500 sq ft store in the heart of the town under a percentage lease that calls for him to pay $650 a month plus 4.5% of his annual gross sales over $125,000. Tom paid a total of $13,670 last year, what was the gross income of the business! a $178,778 $303,778 c. $130.444 &$255.444 78. Robin and Marion Hood bought their home on Archer Path two years ago for S198,500. In their test year of ownership property values increased 3.5% in their neighborhood and an additional rate of increase of 5during their second year of ownership. Given these figures are accurate, what is the current market value of the Hoods' home? a. $215,373 D. $215.720 c. $205,447 d. None of the above are within $100 of the correct amount regulation? 79. The practice nown as "reditining was made illegal under which of the following law, act or a. New Jersey's Law Against Discrimination . The Civil Rights Act of 1866 c. Title Vil of the Civil Rights Action of 1968 d. The Equal Housing Opportunity Act of 1955 80. Under New Jersey laws when must a Broker provide compensation to her sales agent? a. Within ten days of the funds having cleared the Broker's account b. Within ten business days of the broker receiving the associated commission c. Within 7 business of the closing of the transaction d. None of the above 81. Daria listed her house with the Leopold Agency. Shortly after signing the listing her nephew indicates his desire to buy the house. If she sells the house to her nephew, she will NOT owe the agency a commission. Daria signed what kind of listing agreement? a. A net listing b. An exclusive right to sell agreement c. An exclusive agency tisting d. An open listing