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6. Upon close of escrow, a broker pays an agent a “straight…

6. Upon close of escrow, a broker pays an agent a “straight commission” based on: a. the total annual income of the brokerage. b. a percentage of the selling price. c. the recommendation of the seller. d. the length of time a property took to sell.

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81. When Internet service providers invest less money in low…

81. When Internet service providers invest less money in low-income and marginalized communities, leaving these communities with slow, unreliable broadband, or no broadband at all, it is called: a. digital redlining. b. digital blackout. c. digital bias. d. none of the answers are correct.

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43. For California Withholding Purchases, the Seller’s Affid…

43. For California Withholding Purchases, the Seller’s Affidavit of Nonforeign Status (FIRPTA) form is used if the purchase price is: a. under $200,000. b. over $200,000. c. under $300,000. d. over $300,000.

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7. Because it is so quick and can deliver information instan…

7. Because it is so quick and can deliver information instantly, which of the following is the most requested form of communication between client and agent?  a. Email b. Texting c. Telegram d. Snail mail

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39.  FSBO refers to which of the following?

39.  FSBO refers to which of the following?

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48. If any financing term is mentioned in an ad, the FTC req…

48. If any financing term is mentioned in an ad, the FTC requires the ad also mention the: a. annual percentage rate (APR). b. semi-annual percentage rate (APR). c. phone number of the Real Estate Commissioner. d. all answers are correct.

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57. The unconscious tendency to show preference for those wh…

57. The unconscious tendency to show preference for those who are like us is called: a. blind bias. b. affinity bias. c. cultural bias. d. racial bias.

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5. What do you call the agreement that determines what perce…

5. What do you call the agreement that determines what percentage of the commission belongs to the broker and what percentage belongs to the agent? a. Commissioner’s Regulations b. Commission Splits c. California Real Estate Protocols d. IRS Independent Contractor Regulations

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18. The most effective two-way communication occurs: a. face…

18. The most effective two-way communication occurs: a. face-to-face. b. Via email. c. via snail mail. d. via texting.

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4.  A renewable real estate salesperson’s license is valid f…

4.  A renewable real estate salesperson’s license is valid for:

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