Brokerage interests Study guides, Class notes & Summaries

Real Estate Management Certification Exam Review || With Questions & Answers (100% Correct) Real Estate Management Certification Exam Review || With Questions & Answers (100% Correct) Which of the following describes a competent real estate professional? A) A real estate professional who agrees to provide services that they are incapable of performing B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently C) A real estate professi...

Which of the following is NOT a RECA educational resource for industry professionals? - Answer- Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act - Answer- Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - Answer- Consumer Price Index (CPI) Which of the following will occur to the supply of a good when there is a change in quantity...

CAIA Level I Exam 2023 5th percentile vs 25th percentile performance - CORRECT ANSWER-5th percentile managers outperform in every comparison BUT 25th percentile managers' performance is more volatile --> even if 25th percentile managers outperform they tend to mean revert --> demonstrates the perils of choosing managers based on historical performance alternative asset performance evaluation - CORRECT ANSWER-unlike in traditional assets, alpha is difficult to define in alterna...

Champions Powerhouse Training SAE 146 Questions with Verified Answers An area of neighborhoods or sub divisons that is serviced by your firm. - CORRECT ANSWER Geographic Farm A plan by which you develop to gain name recognition - CORRECT ANSWER Marketing Plan Becoming different in your approach through growth and development - CORRECT ANSWER differentiate All the properties in a particular price range, in the area your firm services - CORRECT ANSWER economic farm Words or cont...

Reca - Residential Exam Questions And Answers Self regulation - ANS -General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage interests - ANS Interest of brokerage at odds with brokerage client Fiduciary duties - ANS -Utmost loyalty -Not to make secret profits -Maintain confidentiality -To account -Avoid and disclose conflicts of i...

Which of the following describes a competent real estate professional? A) A real estate professional who agrees to provide services that they are incapable of performing B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently C) A real estate professional who represents a client in matters that are beyond their expertise D) A real estate professional who holds a valid authorization from RECA and is registered with a brokerage in Al...

Reca – Residential Exam; Questions and Answers 100% Solved Self regulation Correct answer -General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage interests Correct answer Interest of brokerage at odds with brokerage client Fiduciary duties Correct answer -Utmost loyalty -Not to make secret profits -Maintain confidentiality -To account -Avoid an...

Self regulation - ️️-General obligation -Care & Skill -Act honestly -Negotiate favorable terms -Maintain confidentiality -Disclose information -Act in person -Obey lawful instructions -Perform mandate Brokerage interests - ️️Interest of brokerage at odds with brokerage client Fiduciary duties - ️️-Utmost loyalty -Not to make secret profits -Maintain confidentiality -To account -Avoid and disclose conflicts of interest Competing interests - ️️Interest of broke...

Under Ontario law, how is an 'agency relationship' defined? - Answer-The relationship between two parties in which one party (the agent) accepts responsibility for representing the other party (the principal) in dealing with a third party. While common law uses the terms 'Principal' and 'Third Party', what terms does REBBA use instead? - Answer-Client & Customer The underlying relationship of the brokerage, salesperson, seller and buyer is based on what? - AnswerThe Common Law of Agen...

GA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ VERIFIED. In license law, a person is defined as? a) a designated licensee within a brokerage company. b) only a single individual. c) either a licensed individual or business. d) either an individual or firm. - -D Charging advance brokerage fees is.. a) prohibited by the Commission. b) a duty of a broker. c) allowed only for auctioning purposes. d) allowed only for property management functions. - -B The Ge...