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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?

Honesty Signup and view all the answers

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

Experience and Reputation Signup and view all the answers

What are licensees working with buyers not allowed to do?

Filter their search to select only homes that offer compensation to buyer rep Signup and view all the answers

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

They can accept compensation in agreement with buyer Signup and view all the answers

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

Real estate agents work for free Signup and view all the answers

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

They can filter their search to select only homes that offer compensation to buyer rep Signup and view all the answers

What is not a limitation on licensees working with buyers?

They can reject compensation from the buyer Signup and view all the answers

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.