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Worksheets

Tuesday Morning Quiz

Total questions: 18

Worksheet time: 10mins

Name
Class
Date
1.

What percentage of ownership does the homeowner hold after joining the Homeowner Benefit Program?

a)

50%

b)

100%

c)

90%

d)

75%

2.

By signing the Homeowner benefit agreement, are you listing the home for sale?

a)

No

b)

Yes

3.

True or False

Same day payment is what you should offer the client if they are skeptical

a)

False

b)

True

4.

How long is the HBA Agreement?

a)

6 months

b)

40 years or until the agreement is executed by the homeowner selling their home with MV Realty

c)

Forever

d)

30 years

5.

For each HBA deal that I close, I make $_____ commission

a)

1000

b)

500

c)

50

d)

750

6.

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 you 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

7.

Who signs the Homeowner Benefit Agreement?

a)

Anyone on the deed or with legal interest in the property

b)

Agent

c)

Broker

d)

The owners children

8.

The Homeowner Benefit agreement rescission period is ___ days

a)

12

b)

3

c)

10

d)

360

9.

What is the purpose of the homeowner benefit memorandum?

a)

It puts a lien on the property

b)

It creates an intent- to- sell public record

c)

It keeps the homeowner from selling the property till the contract expires

d)

It is a notice filed with public record that informs of the obligation the homeowner has entered into with the homeowner benefit agreement

10.

What are the MV realty resources?

a)

CRM Userguide & Videos

b)

Call Script presentations & email templates

c)

HBA for each state

d)

All of the Above

11.

What is the preferred method of getting your questions answered?

a)

Un-muting yourself and interrupting the class

b)

Put it in the chat, no need to listed to what's being taught at the moment

c)

I have no questions, I was born an HBA superstar!

d)

Question and answer form link

12.

What is the minimum amount of NEW lead claims expected of you each day?

a)

3

b)

30

c)

33

d)

13

13.

What is the immediate action taken if you are unable to join training for any amount of time?

a)

Nothing, I'm not expected to attend class

b)

I will automatically be pushed to the next class and have to start training all over, no exceptions

c)

I can make the time up another day

d)

My broker will make that call

14.

There is a new zoom link each day of training

a)

False

b)

True

15.

If you need assistance with a step in the HBA workflow, the best way to ask a questions is via direct messaging the trainers.

a)

True

b)

False

16.

What is slack used for?

a)

My personal thoughts and feelings

b)

It is a professional workspace communication tool. Used for company announcements, help with a process, and general communication with collegues.

c)

Its similar to Instagram, the more photos of your dog, the better

d)

What is slack?

17.

The _____ _____ is where I can find my state specific HBA for reference.

*hint, there is 2 words and the spaces indicate number of letters per word. All lower case letters

(a)  

18.

What is the minimum amount of INBOUND calls expected of you each day?

a)

3

b)

8

c)

33

d)

13