WorksheetsReal Estate Salesperson's Quiz 1
Total questions: 8
Worksheet time: 4mins
Name
Class
Date
1.
What do the letters MREINZ stand for?
a)
Member of Real Estate Institute of New Zealand
b)
Managers of the Real Estate Industry in New Zealand
c)
Meaningful Realty Employment in New Zealand
2.
In Real Estate, what is a Branch Manager?
a)
A person who manages a supermarket but sells real estate part time.
b)
Someone who prunes trees for vendors to help sell the house.
c)
A person who holds a current licence as a branch manager.
3.
Who is a Real Estate Agent?
a)
Someone who holds a current licence as an agent under the REA Act 2008.
b)
Someone who sells real estate for a licensed company.
c)
A branch manager.
4.
How old must you be to become a Licensee?
a)
At least 18
b)
At least 20
c)
At least 21
5.
Which of these people cannot become a licensee?
a)
A practising solicitor
b)
A person who is clinically blind
c)
A leader of a religious sect
6.
Can a Real Estate Agent employ a salesperson who does not have a current Licence?
a)
No, never
b)
Yes, but only for a period of two weeks
c)
Usually not, but if the salesperson has a valid certificate of approval in another country (e.g. Australia or Fiji) it might be OK
7.
Who issues Licences of Salesperson?
a)
The Police Department
b)
The Real Estate Institute of New Zealand
c)
The Real Estate Agents Authority
8.
Can a person who is not a Real Estate Agent be paid a commission from a Vendor for arranging the sale of the Vendor's house?
a)
Yes, as long as the person has a Licence
b)
No
c)
Yes, as long as the person is eligible for a Real Estate Agents Licence.
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