bare-bones classified ad on a property. Issues Mobilization and Political Advocacy Assessment, TACS Texas Accredited Commercial Specialist, TAHS Texas Affordable Housing Specialist, TRLP Texas REALTORS Leadership Program, TRLS Texas Residential Leasing Specialist, TRPM Texas Residential Property Manager, Sales of Million-Dollar Homes in Texas Report. both motivate salespeople and retain top producers. information about your firm. Under these guidelines, agents and brokers may receive fees for performing loan origination work on a lender's behalf, such as taking a loan application, counseling borrowers, ordering credit reports and appraisals, and completing loan documents used to process the loan. What was the reason for creating the inferior courts? benefits of listing. A real estate agent can sell a mobile home in a rental park space. 360-day year. an exclusive listing without a termination date. locating prospective buyers. Are there any additional restrictions or limitations for access to the legal fund? properties that set the neighborhood value. The following statements are all examples of abstract goals EXCEPT: d.) (I will obtain three new listings each month. advertise in designated areas. they extend the listing for a longer period as price is related to time to sell. Case 1: A REALTOR was sued by a buyer who alleged the agent failed to properly advise him that the property lay near an environmentally contaminated site. A broker who sponsors salespeople is subject to this rule regardless of how long the broker sponsors the salespeople. - Both A real estate agent Properties listed above market value tend to sell faster than properties listed at prices closer to market value. Present all offers together fairly. the total monthly housing payment divided by the gross monthly income. use their own funds to make loans. A purchaser of a $100,000 single-family home for her family refuses to close escrow after making a $40,000 deposit. provides insurance coverage until the title insurance policy is issued. Very rarely. all of these. Usually 36 percent for qualifying. Brokers have liability to commission salespeople as to Correct o minimum wage requirements. While HUD may provide general guidance, the department does not approve individual business plans, and generally does not opine as to what amounts constitute fair and reasonable compensation. Requirements for a valid 1031 exchange include. service loans they make. Browse over 1 million classes created by top students, professors, publishers, and experts. Which of the following is NOT an institutional lender? restrictions on e-mail solicitations. Or changing instructions without agreement of all parties. it is best not to mention any problems with the property. all parties the agent has dealings with. Owners are most interested in the bottom line.Page 490, When an offer is received, the owner should be made aware that. redlining. Brokers have liability to commission salespeople as to workers compensation. The broker did not violate law or regulations because the listing was an. Incentive to do more and to stay.page 20 insurance. all of these. Texas REALTORS provides content through various online platforms, including this blog. The Legal Fund is used for a number of expressed purposes: 1. Instructions to an owner upon taking a listing should include all EXCEPT. The following statements are all examples of abstract goals EXCEPT. Which of the following statements regarding the truth-in-lending law is TRUE? both a debit on the buyers closing statement and a credit on the sellers closing statement. Rumford Act. meeting objections half-way. a former owner had AIDS. you should divide your time equally between A, B, C, and D category activities. being over-eager to close. both motivate salespeople and retain top producers. The legal fund is not a substitute for errors-and-omissions insurance. Liquidated damages are limited by law.Page 465. comfort and convenience.
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