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New Agent Orientation Quiz - 10/11 Class

Total questions: 10

Worksheet time: 13mins

Name
Class
Date
1.

When at the home page or dashboard of the CRM, where can you find the amount of leads you claimed for any given day?

(a)  

2.

What is the first button you find when you click “agent” in the left sidebar?

a)

Team

b)

Clients

c)

Claim

d)

None of the above

3.

In the Homeowner Benefit Agreement, what is “Exhibit A” Sample listing agreement?

a)

state specific disclosures

b)

sample listing agreement

c)

truth in lending laws

d)

fair housing act

4.

What are the 4 payment methods offered? Zelle, Electronic Check, Mailed Check, Direct Deposit (ACH)

a)

Venmo

b)

Zelle

c)

e-Check

d)

Direct Deposit/ACH

e)

Mailed Check

5.

What is the early termination fee? _______% of the property's ________________ home value

a)

6; current

b)

3; past

c)

6; past

d)

3; current

6.

When would the 4th call be due on any given lead claimed? At the (a)   business hour

7.

Leslie lives at 1211 Atlantic Ave., Delray Beach, FL 33445 and the property is Leslie’s primary residence. She also has a summer home in NJ, located at 4 Via Ripa, Sea Bright, NJ 07760.


RVM on Florida home: $575,000

Last Sold Date on Florida home: 10/01/2009

Last Sold Price on Florida home: $253,000


AVM on NJ home: $1,289,500

Last Sold Date on NJ home: 01/15/2020

Last Sold Price on NJ home: $1,365,000


What is the valuation for Leslie’s primary residence in Florida and what is the most we can offer her for an HBA on that property?

a)

$575,000; $1725

b)

$253,000; $759

c)

$253,000; $1725

d)

None of the above

8.

Leslie lives at 1211 Atlantic Ave., Delray Beach, FL 33445 and the property is Leslie’s primary residence. She also has a summer home in NJ, located at 4 Via Ripa, Sea Bright, NJ 07760.


RVM on Florida home: $575,000

Last Sold Date on Florida home: 10/01/2009

Last Sold Price on Florida home: $253,000


AVM on NJ home: $1,289,500

Last Sold Date on NJ home: 01/15/2020

Last Sold Price on NJ home: $1,965,000


What is the valuation for Leslie's summer home in NJ and what is the most we can offer her for an HBA on that property?

a)

$1,289,500; $5,000

b)

$253,000; $759

c)

$1,965,000; $5,895

d)

$1,965,000; $5,000

9.

Put the valuation sequence below in the correct order:


a) Create a CMA for the property

b) Search in RPR and look for the property’s last sold date to see if it was sold in the last 2 years

c) Search in RPR to determine whether the property is valued at a minimum of $130,000

d) Click on the Valuation button within the lead record in the CRM

e) Search for the property RVM in Remine

f) Search in RPR for the RVM

a)

c, f, b, d, a, e

b)

e, c, a, b, f, d

c)

f, c, a, b, e, d

d)

c, b, f, d, e, a

10.

If the HBA property owner lists their property with another (competing) agency after MV Realty is unable to procure a buyer within the time frame stated in the agreement, what must be true about the purchase through another real estate brokerage?

a)

It must be an arm’s length transaction, meaning the buyer and seller must each act in their own self-interest to try to get the best deal they can.

b)

The home must list for the same price and terms they had with their previous MV Realty listing.

c)

All of the above

d)

None of the above.