Choosing a REALTOR: Key Factors

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Questions and Answers

What is the first factor clients consider when choosing a REALTOR?

  • Experience
  • Honesty (correct)
  • Location
  • Reputation

Which of the following is NOT a factor clients consider when selecting a REALTOR?

  • Experience
  • Honesty
  • Age (correct)
  • Reputation

What do clients consider when choosing a REALTOR, besides honesty?

  • Experience and Reputation (correct)
  • Age and Reputation
  • Location and Language
  • Education and Skills

What is the primary concern for clients when selecting a REALTOR?

<p>Honesty (C)</p> Signup and view all the answers

Which two factors are equally important for clients when choosing a REALTOR?

<p>Experience and Reputation (D)</p> Signup and view all the answers

What are licensees working with buyers not allowed to do?

<p>Filter their search to select only homes that offer compensation to buyer rep​ (B)</p> Signup and view all the answers

What is a limitation on licensees working with buyers in terms of compensation?

<p>They can accept compensation in agreement with buyer (D)</p> Signup and view all the answers

What is a false statement about real estate agents working with buyers?

<p>Real estate agents work for free (A)</p> Signup and view all the answers

What is a restriction on licensees working with buyers when searching for homes?

<p>They can filter their search to select only homes that offer compensation to buyer rep​ (B)</p> Signup and view all the answers

What is not a limitation on licensees working with buyers?

<p>They can reject compensation from the buyer (B)</p> Signup and view all the answers

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Study Notes

Restrictions on Licensees Working with Buyers

  • Licensees are prohibited from filtering their home search to only include properties that offer compensation to buyer representatives.
  • They are not allowed to accept compensation in excess of the agreement made with the buyer.
  • Licensees cannot claim that real estate agents work for free.

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