
Realtor Conflicts of Interest Quiz
Quiz
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Other
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12th Grade
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Medium
Mark Morales
Used 3+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is dual agency in real estate?
When the listing broker represents only the seller in the real estate transaction
When the listing broker represents only the buyer in the real estate transaction
When the listing broker represents multiple sellers in the same real estate transaction
When the listing broker represents both the seller and the buyer in the same real estate transaction
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why is highballing your home's listing price a conflict of interest?
It attracts more potential buyers
It leads to serious repercussions for the seller
It makes the home sell faster
It helps the seller get the best deal possible
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the main argument against open houses in real estate?
They are essential for selling a home
They are the best way to showcase a property
They rarely lead to a sale
They attract serious buyers
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why should a listing agent be present at the home inspection?
To avoid any conflicts of interest
To speed up the inspection process
To negotiate with the buyer's agent
To represent the seller's interests
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a sign of a bad realtor's communication skills?
Being good at communication
Rarely returning calls in a timely fashion
Informing about important issues with the sale
Being available every time you call
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why is overpricing a home a problem for the seller?
It helps the seller get the best deal possible
It attracts more serious buyers
It makes the home sell faster
It leads to the home sitting on the market and gaining a stigma
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the main purpose of an open house according to the text?
To attract other sellers in need of a realtor
To speed up the selling process
To sell the home to potential buyers
To showcase the property to serious buyers
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