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1. www.gbreb.com › GBAR › Sites10 Scenarios That Can Result in Ethics Violations, Lawsuits ...

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   • A potential buyer is especially concerned about the risk of termites at a property you’re representing. She asks if the home has ever incurred any damage from termites, to which you respond, “no, none.”
   • Your buyer is thrilled with the “perfect” home you’ve helped them find, and you meet up on a Friday afternoon to collect their earnest money for escrow.
   • An agent calls you regarding a property you’ve listed, which currently has an accepted offer — with contingencies. The agent wants to know what the status is on offers and contingencies, and you curtly reply, “I’m not at liberty to discuss.”
   • Your clients are shopping for homes in a new city and want to know crime rates in different neighborhoods to help them make their homebuying decision.

2. www.zillow.com › agent-resources › blogReal Estate Brokers Licenses and Sales Licenses ... - Zillow

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   • The Real Estate Sales License
   • The Real Estate Broker’S License
   • Why Get A Broker’S License?
   • Associate broker, Designated broker, Managing broker, OH My!
   • Reciprocity

   The basic real estate license (in most states) is the real estate sales license. While requirements vary from state to state, generally you must complete a certain number of classroom hours (in a sanctioned real estate school) and pass a two-part proctored exam on state and national real estate matters. Class and exam topics consist of local and na...

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   Like the sales license, specific requirements for getting a real estate broker’s license vary from state to state. Some states have tenure requirements (you must be licensed as a sales agent for a specified period of time) that have to be met before you can take broker classes and sit for the exam, and some states don’t have a sales license level a...

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   In almost every state, agents with a real estate sales license are required to “hang their license” under a real estate broker. This works just fine for the vast majority of real estate agents because many want nothing to do with running a real estate brokerage. They just want to sell real estate and let the broker worry about the liability, risks,...

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   What is the deal with all of these various broker titles? Again, it’s state dependent, but generally speaking, an associate broker usually has very little actual broker duties. The title is typically given to sales agents that get their broker’s license but continue to hang that license under a designated or managing broker. It’s the designated/man...

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   Finally, a word about reciprocity. Reci-what? Webster defines reciprocityas “a situation or relationship in which two people or groups agree to do something similar for each other, to allow each other to have the same rights.” Reciprocity comes into play when you have a real estate license in one state and decide to get a license in another state. ...

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3. People also ask

   What is a real estate license?

   • Let’s break down this licensing thing so it makes some sense. The basic real estate license (in most states) is the real estate sales license.

   Real Estate Brokers Licenses and Sales Licenses: What's the ... - Zillow

   www.zillow.com/agent-resources/blog/real-estate-brokers-licenses/

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   What is a real estate salesperson & a provisional broker?

   • In general, real estate salespeople and provisional brokers (or associate brokers in some states) work for and under the umbrella of a designated broker. Some states, such as North Carolina, have a "broker only" licensing system, meaning that there is only one basic type of license (broker) but with various "status levels."

   Getting Your Real Estate License - Investopedia

   www.investopedia.com/articles/professionals/042313/getting-your-real-estate-license.asp

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   Do real estate agents have to hang their license?

   • In almost every state, agents with a real estate sales license are required to “hang their license” under a real estate broker. This works just fine for the vast majority of real estate agents because many want nothing to do with running a real estate brokerage.

   Real Estate Brokers Licenses and Sales Licenses: What's the ... - Zillow

   www.zillow.com/agent-resources/blog/real-estate-brokers-licenses/

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   What is an exclusive listing?

   • An exclusive listing gives one real estate agent a property listing and a certain amount of time to get the property sold. That agent is expected to find buyers and oversee the transaction during this period. This is a good topic to cover when you’re explaining commissions, percentages, and how they are split.

   136 Real Estate Terms and Definitions You Need to Know - The Close

   theclose.com/real-estate-terms/

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4. theclose.com › real-estate-terms136 Real Estate Terms and Definitions You Need to Know

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   Nov 13, 2023 · In real estate, common data sources include demographics, property, event data, and behavioral trends. This forecasting can influence, and even direct, strategic decisions, but it can also help agents hyper-target their marketing and lead generation activities on the prospects most likely to buy or sell in the next year.

5. www.investopedia.com › articles › professionalsGetting Your Real Estate License - Investopedia

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   Dec 1, 2022 · Getting into real estate means earning your license and working either for a real estate brokerage firm or hanging out your shingle as an independent contractor.

   • Author: Jean Folger

   • Video Duration: 2 min

6. licenseclassroom.com › 5-recent-changes-to-trec5 Recent Changes to TREC Rules for Real Estate Sales Agents ...

   licenseclassroom.com › 5-recent-changes-to-trec

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   Oct 2, 2023 · Did you know that the Texas Real Estate Commission (TREC) recently made a few changes that affect you as a sales agent or broker? Recent meetings approved five TREC rules aimed at enhancing broker responsibility and bolstering consumer protections.

7. www.vermontrealtors.com › become-a-salesBecome a Real Estate Sales Agent – Vermont Association of ...

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   In Vermont, you must be at least 18 years of age to become a real estate sales agent. Here are 4 steps to becoming a sales agent. Complete a 40-hour salesperson pre-licensing course. Visit the Education and Events pages of this website for a listing of available classes.

8. www.trec.texas.gov › license-type › real-estate-salesReal Estate Sales Agent | TREC

   www.trec.texas.gov › license-type › real-estate-sales

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   Aug 16, 2018 · Definitions: Broker Assumed Business Name (DBA) is another name for the broker’s business that can be used by all sponsored sales agents and brokers associated with this broker. Another name that indicates a broker’s line of business, e.g. property management or commercial is also a DBA. Read more. Scam Notice!!!