Which of the following is an allowed activity for an unlicensed assistant quizlet?
What are some examples of activities that an unlicensed assistant may perform? Get status reports on the loan progress, pull together documents for closing, write ads for a broker’s approval, place approved classified advertising.
Can a Realtor be found in violation of a standard of practice?
REALTORS® cannot be found in violation of a Standard of Practice, but they can be found in violation of an Article, as supported by a Standard of Practice. “When representing a buyer, seller, landlord, tenant, or other client as an agent, REALTORS® pledge themselves to protect and promote the interests of their client.
Which of the following articles is organized under the duty to the public section of the code of ethics?
Our Duty to the Public While this code is primarily centered around a realtor’s dealings with their clients and customers, they also have a duty to the public, which is outlined through articles 10-14.
Which of the following is an allowed activity for an unlicensed assistant?
Name four activities that an unlicensed assistant may perform. Get status reports on the loan progress. Pull together documents for closing. Write ads for a broker’s approval.
What is the arrangement called when the agent is accountable only to the buyer?
What is the arrangement called when the agent is accountable only to the buyer? Buyer’s agent.
What is the downside of allowing subagents to participate in selling a property?
What is the down side of allowing subagents to participate in selling a property? The seller will have additional agents to compensate. The listing broker will have to coordinate the efforts of all subagents involved.
What are the 4 types of agents?
The Four Main Types of Agent
- Artists’ agents. An artist’s agent handles the business side of an artist’s life.
- Sales agents.
- Distributors.
- Licensing agents.
Do you save money when you don’t use a Realtor?
Does Buying A House Without A Real Estate Agent Actually Save You Money? Typically, the seller is responsible for paying the buyer’s real estate agent. Most buyers don’t pay any fees to work with a real estate agent. This means that, if you choose to forgo an agent, you might not actually save any money at all.
Can I write my own offer on a house?
You can write your own offer and submit it to the seller (if it’s for sale by owner) or to the seller’s agent. However, going it alone without the help of a savvy agent (especially if this is your first time buying a home) may not be the best idea.
Can you make an offer on a house without seeing it?
Making a sight unseen offer has its risks and rewards. If you can’t arrange for a tour quickly on a newly listed home, you may beat your competitors to the punch. But you could have regrets later if you discover problems you would’ve sniffed out earlier. Weigh your choices and talk to your real estate agent.
Is buyer’s agent worth the money?
While a buyer’s agent has the potential to save you money, there’s no guarantee they will – or even can – save you money. A buyer’s agent securing a better deal on the purchase price ultimately comes down to how flexible the price is, and the agent’s ability to negotiate.
Do I pay a buyer’s agent?
Typically, you do not pay a fee to a buyer’s agent. The selling agent has a contract with the seller for a commission. If a buyer comes to them with their own realtor, then the selling agent splits their commission with that realtor. In many parts of the country, the buyer’s agent is paid from the seller.