Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

KES client Rep agree

Clients representation Agreements

TermDefinition
Buyer representation agreements
Comparative market analysis (CMA) not formal. Looks at similar properties in size, location, amenities.
Exclusive agency listing Seller retains right to sell on their own.
Exclusive buyer rep agreement
Exclusive right to sell listing Agent gets commission no matter who Brings in the buyer or sells the property.
Net listing Principle sets net dollar amount and broker keeps the remainder
Open listing Gets commission only if the broker brings in the buyer. (Aka non exclusive listing)
Listing agreement A contract for professional services of broker and seller. (Listing agreement)
Who is responsible for transactions The broker
Listings of cooperating brokers MLS written consent must be given prior. The advantages are exposure, increased inventory.
MLS participating listing brokers make offers that are considered Unilateral
Advantages of MLS Detailed information (taxes, assessments, local services, properties pending, sold, expired)
Valid reasons Brokers agreement to seller may be terminated Purpose fulfilled, expiration of agreement, property destruction, zoning change, condemnation, bankruptcy/foreclosure, mutual agreement to cancel, breach by either broker or principle, death of broker of principle.
PITI Principle, interest, taxes, insurance
Created by: KimSchroeder
Popular Real Estate sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards