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Terms in this set (51) A real estate sales agent may be employed by: their broker. A ____ occurs when a broker or their agent has a professional or personal bias which hinders their ability to fulfill the fiduciary duties owed to their client. conflict of interest. A _____ is sometimes referred to as a selling agent in real estate jargon.
Study with Quizlet and memorize flashcards containing terms like 1. A real estate sales agent may be employed by: (Page 2), 2. As a prerequisite to an agent's use of an income and expense data worksheet, the agent asks a prospective broker: (Page 15), 3. A ____ occurs when a broker or their agent has a professional or personal bias which hinders their ability to fulfill the fiduciary duties ...
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Study with Quizlet and memorize flashcards containing terms like A real estate sales agent may be employed by:, As a prerequisite to an agent's use of an income and expense data worksheet, the agent asks a prospective broker:, A _______ occurs when a broker or their agent has a professional or personal bias which hinders their ability to fulfill the fiduciary duties owed to their client. and more.
Feb 12, 2024 · If the Buyer submits the EMD to a broker, and that broker is not named as the Escrow Agent in the sales contract, then the broker is further obligated to deposit the EMD with the proper Escrow Agent within five business days. As with most contract provisions, this five-day period can be modified by written agreement of the parties.
Nov 13, 2023 · A Realtor is a real estate agent who is a dues-paying member of the National Association of Realtors. NAR members are held to a high standard of professionalism and adhere to a strict code of ethics. Refinance. If a borrower takes out a new loan on the same property, it’s called a refinance.
Nov 27, 2017 · Inside Sales Agent Scripts & Techniques. Agent Scripts & Dialogues. Use these inside sales agent scripts & best practices for inside sales agents on real estate teams to effectively nurture & convert leads into appointments. One of the most important principles of lead followup is to keep your focus on determining the needs of the consumer.
Oct 30, 2023 · Most real estate agents and brokers receive income in the form of commissions from sales transactions. You're generally not considered an employee under federal tax guidelines, but rather a self-employed sole proprietor, even if you're an agent or broker working for a real estate brokerage firm. This self-employed status allows you to deduct many of the expenses you incur in your real estate ...
