8. Brokers and affiliate brokers are only required by law to present offers the seller if: The offer is for full price. The offer is written. The offer includes earnest money of atleast $1,000. The buyers are financially qualified for a conventional loan. a. b. С. d.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
18
15. An affiliate broker who retires his/her real esta
Continue to list and to sell so long as the list price is under
$100,000.
a.
Continue to list property but cannot work with buyers.
Have the license re-activated by taking the necessary steps.
Sell another person's real property for a salary but not a
b.
C.
d.
commission.
16. With property for sale yard signs the affiliate broker's name must be:
Above the firm name.
Below the firm name.
Larger than the firm name
The same size or smaller than the firm name.
a.
b.
d.
17. Earnest money collected by an affiliate broker must be:
Held by the affiliate broker until closing.
Given to the listing agent.
Turned over to his/her broker immediately upon receipt.
Given to the seller until closing.
a.
b.
С.
d.
18. Brokers and affiliate brokers are only required by law to present offers t
the seller if:
The offer is for full price.
The offer is written.
The offer includes earnest money of atleast $1,000.
The buyers are financially qualified for a conventional loan.
a.
b.
С.
d.
cense State Law
G-4
©TREES® Inc. 6.201
Transcribed Image Text:15. An affiliate broker who retires his/her real esta Continue to list and to sell so long as the list price is under $100,000. a. Continue to list property but cannot work with buyers. Have the license re-activated by taking the necessary steps. Sell another person's real property for a salary but not a b. C. d. commission. 16. With property for sale yard signs the affiliate broker's name must be: Above the firm name. Below the firm name. Larger than the firm name The same size or smaller than the firm name. a. b. d. 17. Earnest money collected by an affiliate broker must be: Held by the affiliate broker until closing. Given to the listing agent. Turned over to his/her broker immediately upon receipt. Given to the seller until closing. a. b. С. d. 18. Brokers and affiliate brokers are only required by law to present offers t the seller if: The offer is for full price. The offer is written. The offer includes earnest money of atleast $1,000. The buyers are financially qualified for a conventional loan. a. b. С. d. cense State Law G-4 ©TREES® Inc. 6.201
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