Study guides, Class notes & Summaries

Gold Coast School Real Estate Questions Ch.1-19 | 100% Correct Answers | Verified | Latest 2024 Version 1. The real estate market is local in nature what does that mean? - Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowled...

GRI Brokerage Exam Questions with 100% Correct Answers | Latest Version 2024 | Verified Over the years, the Code of Ethics has grown and changed, but it has maintained the basic premise on which it was written: - SERVICE TO THE PUBLIC. The structure of the Code of Ethics includes: - Preamble, Articles 1-9, is based on the Golden Rule, ALL OF THE ABOVE The Code of Ethics is reviewed how frequently? - ANNUALLY Which of the following is not true regarding implementation of the Cod...

Over the years, the Code of Ethics has grown and changed, but it has maintained the basic premise on which it was written: - SERVICE TO THE PUBLIC. The structure of the Code of Ethics includes: - Preamble, Articles 1-9, is based on the Golden Rule, ALL OF THE ABOVE The Code of Ethics is reviewed how frequently? - ANNUALLY Which of the following is not true regarding implementation of the Code of Ethics? - Keep a current copy of the COE in your office, Read the updated COE annually when i...

GRI Brokerage Test How do company policies benefit you? - Understand environment where you practice What do company policies help you understand? - Protect you and limit your liability What should a broker always have? - Someone who knows the rules who is always avaialble to answer question or review paperwork What policies are important when joining a broker? - Training/meetings, lead generation, fees, marketing provided What are the benefits of previewing properties? - Knowled...

IABS Minimum Duties Required by Law - correct answer A client is the person or party that the broker represents IABS - correct answer Outlines your obligations and duties. A License Holder Can Represent a Party in a Transaction - correct answer An agent for owner (seller/landlord), for buyer/tenant, for both - intermediary, as subagent IABS Exceptions - correct answer In a residential lease transaction for less than 1 year where sale is not being considered. TRELA - correct answer Texas Re...

The Five Canons; Fidelity - correct answer place no personal interest above the client's interest The Five Canons: Integrity - correct answer -has a special obligation to perform their responsibilities -must use caution to avoid misrepresentation by acts of commission or omission The Five Canons of Professional Ethics and Conduct - correct answer Fidelity Integrity Competence Consumer Information Form Discriminatory Practices *If a person believes the licensee violated TRELA (The Real E...

#2, An agent who truly values the Code of Ethics will do what? Pg. 7 - correct answer Keep a copy in a noticeable place, read the code each year, refer to it often when direction is needed, take time to understand the rules. #3, What is the basic structure of the code of ethics? Pg. 6 - correct answer Duties to clients and customers, duties to the public, duties to other Realtors. #4, What is the one thing both the Cannons of Ethics and the Code of Ethics require of an agent? - correct answe...

Over the years, the Code of Ethics has grown and changed, but it has maintained the basic premise on which it was written: - SERVICE TO THE PUBLIC. The structure of the Code of Ethics includes: - Preamble, Articles 1-9, is based on the Golden Rule, ALL OF THE ABOVE The Code of Ethics is reviewed how frequently? - ANNUALLY Which of the following is not true regarding implementation of the Code of Ethics? - Keep a current copy of the COE in your office, Read the updated COE annually when i...

GRI Exam | 85 Questions with 100% Correct Answers| Verified | Updated 2024

GRI Brokerage Exam | 85 Questions with 100% Correct Answers| Verified | Updated 2024