Champions law of agency Study guides, Class notes & Summaries

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bus...

Champions School Of Real Estate Finance 2024 Tested And Verified Seller's market - CORRECT ANSWER-When supply is low and demand is high Buyer's market - CORRECT ANSWER-When supply is high and demand is low The process of creating a new mortgage loan - CORRECT ANSWER-Origination The detailed process of evaluating a borrower's loan application to determine the risk involved for the lender - CORRECT ANSWER-Underwriting When there is an excess of money supply in the market - CORRECT ANSWER...

LAW OF AGENCY CHAMPIONS TEXAS REAL ESTATE EXAM LATEST 2024 QUESTIONS AND CORRECT VERIFIED ANSWERS GRADED A+

Champions School of Real Estate Law of Agency – Questions and Answers Already Passed The principal is also known as client fiduciary relationship a relationship founded on trust and confidence Agency Relationship Exists when one person (the agent) acts for, or on behalf of another person (the principal). the principal is the one who hires and gives authority to the agent Texas Real Estate License Act TRELA Was passed 1939. The purpose is to protect the public against unscr...

Champions Real Estate Exam: Law of Agency UPDATED Exam Questions and CORRECT Answers This person hires an agent - Correct Answer- The Principal The agent works on behalf of this person - Correct Answer- the client (principal) This type of agency allows for the greatest range of authority - Correct Answer- Universal This is provided to the agent when there is written documentation that the agency relationship exists. - Correct Answer- Express authority

Champions Real Estate Exam: Law of Agency | 286 Questions and Answers | Updated 2023-2024

Law of Agency - Champions School of Real Estate Questions and Answers

Champions Real Estate Exam Law of Agency solution A+ GUARANTED This person hires an agent - CORRECT ANS - The Principal The agent works on behalf of this person - CORRECT ANS - the client (principal) This type of agency allows for the greatest range of authority - CORRECT ANS - Universal This is provided to the agent when there is written documentation that the agency relationship exists. - CORRECT ANS - Express authority This is the most limited of all the agency relationships...

Exam: Law of Agency – Champions/60 Questions and Answers- 100% Score!!!

Champions Law of Agency Exam (60 Questions) With Complete Solution A Grade

Which of the following has the authority to suspend or revoke a Texas real estate license? - correct answer TREC Which of the following is an element of a listing agreement? - correct answer the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? - correct answer salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the br...