The rules of a society established by tradition and court decisions are found in D. an offer or inducement. \text{Fixed expenses}&\underline{\text{\hspace{10pt}90,000}}\\ 71. Later, Ken meets Broker Brenda at a party and is persuaded to let her represent him in the purchase of the property. D) Before leaving, REALTOR Patty takes the seller aside and tells her the property wont sell because it is overpriced and shows the seller her comps. 32. Which of the following statements is TRUE? Refer to the original data. "The simple design is uncluttered and offers many possibilities for decorating.". B. yes, because the nature and the terms of the contract were not made clear The statement is FALSE. A) C. remove the comment immediately. A real estate professional's duties to a customer do NOT include Prepare two contribution format income statements, one showing present operations and one showing how operations would appear if the new equipment is purchased. Jun 5, 2022. 142. D. The buyer sought another broker in order to get a lower price. the seller and the broker must both disclose this material fact. Scott is in violation of the Code because REALTOR Mike is showing a property to his client Jean. First twenty people through the door receive a gift card to Chipotle! B. consider how and when Amy entered the transaction. A) The marketing manager claims this new approach would increase unit sales by 30% without any change in selling price; the companys new monthly fixed expenses would be $180,000; and its net operating income would increase by 20%. Administrative law. The broker can accept a commission from the buyer without the seller's approval. REALTOR John, who is also an appraiser, periodically sends letters to past clients asking if they need a current valuation of their property. D) C. The price that the sellers told the agent is their minimum selling price. C. panic selling. 78. A) A. an image of the REALTORs license. agency is actually illegal in some states. must promote and safeguard the seller's best interests. depositing money in an interest-bearing trust account. Broker Roger has an open house on a property and has a register for attendees to sign. Chapter 30. According to the Code of Ethics, a REALTOR owes the duty of confidentiality to As a general rule, dual agency is permissible. In dual agency, an agent's actual knowledge pertains to. To get the answers she needs, Jane may 88. D. required by state law to be followed by all licensees. 16. When homeowners in a particular area are convinced that the ethnic or racial make-up of their neighborhood is changing, causing them to sell below market value, this is known as
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