What is the purpose of the Real Estate Commission in Colorado quizlet?

What is the purpose of the Real Estate Commission in Colorado quizlet?

protect the public. The primary objective of the Real Estate Commission is to protect the public. 1. over a broker’s licensed real estate activities, but not over his personal real estate activities.

Under which of the following circumstances may a seller keep the earnest money deposit of a defaulting buyer?

If one party fails to complete the required action within that time frame, that party has defaulted, according to the contract. For instance, a buyer might have 17 days to complete an inspection. If the buyer fails to do so, the seller may be able to keep the earnest money.

What is the purpose of the Colorado real estate law?

The Colorado Real Estate Broker License Law was passed to protect the people of the State of Colorado. Through licensing, the law seeks competency and integrity on the part of those engaged in the real estate business.

What does the real estate commission investigate?

We investigate complaints against real estate brokers and salespersons accused of misleading or defrauding consumers. We investigate complaints against subdividers accused of violating subdivision laws. If we can prove a violation, further sales may be stopped until such time as the violations are corrected.

When the employing broker of a corporate brokerage is suddenly unable to continue in that position to whom may the Commission issue a temporary hardship license quizlet?

When the employing broker of a corporate brokerage is suddenly unable to continue in that position, to whom may the Commission issue a temporary “hardship” license? 1 A person with sufficient ownership interest in the corporation.

Which of the following would an unlicensed personal assistant be permitted to do?

According to the policy, unlicensed assistants may perform the following activities: Answer the phone and forward calls to licensee. Transmit listings and changes to a multiple listing service. Follow up on loan commitments after a contract has been negotiated.

What if anything is required by the broker to be included on his/her Web site?

What if anything must an associate broker include in his/her Web site advertising? An associate broker has developed a web site. What must he or she include on the site? All advertising by an employed licensee must include the identity of the brokerage that holds the associate’s license.

Which of the following can terminate an agency relationship?

Certain events: An agency relationship will automatically terminate upon the occurrence of certain events. Such events include death, insanity, or bankruptcy of either the principal or agent. A court of law will usually step in and terminate the agency relationship if one of the parties refuses to do so.

Can you market other agents listings?

Without the proper permission, a broker cannot advertise another broker’s property information. This permission may be contained within a given MLS’s rules, but careful examination of the rules and the state laws is required to make this determination.

Can I share other agents listings on social media?

The bottom line is you should never capture another agent’s listing and post it on Facebook. If your MLS and agency has an agreement that the IDX feed posts certain properties on social media, make sure that the other agent’s name and agency are prominently shown.

Can Realtors post other agents listings on social media?

REALTORS® cannot advertise property without authority. Posting listing information on social media websites constitutes advertising, so it cannot be done without authority (i.e., obtaining permission from the listing agent).

Do you need permission to post a picture of someone on Instagram?

To share someone else’s Instagram photo, you need to get their permission. “Without [permission], you’re infringing on someone else’s copyrighted work. It’s just a lot easier for people to infringe on others’ copyrights.” You can only share Instagram photos without permission when Instagram allows it.

What is the etiquette for reposting on Instagram?

When reposting you should not alter the person’s photo in any way without permission. This means changing the size or adding words to the photo. Remember, this is their property. You wouldn’t alter someone’s property without permission.

Is reposting on Instagram legal?

If you want to cover your bases legally, it’s important to always ask for permission before reposting someone else’s photo to Instagram. You may also need the permission of any person depicted in a photograph. That means you’re technically required to ask for permission for use.

Can you make money reposting on Instagram?

Building a value-creating repost account is the most accessible way for anyone to earn an income on Instagram. Creating an Instagram repost account that earns you money isn’t about being good at taking photos, or writing captions, or being “an influencer”.

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