Ch 46 quiz

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When may an agent place a For Sale sign on a property's front lawn?

After the seller gives consent

The Code of Ethics requires a REALTOR to do which of the following when selling his own unlisted property?

Disclose that he is the owner and that he is a licensee.

Before an agent can collect a commission when working with their buyers, the agent must ______.

Disclose the agency relationship

Which of the following would be a Code of Ethics violation?

Having the seller cancel his current excusive listing prior to entering into an agency agreement with the seller.

Which of the following statements is true?

REALTORS are obligated to ask prospects whether they are a party to an exclusive representation agreement.

Regarding Internet advertising, ______.

REALTORS may display only professional designations that they are legitimately entitled to use and for which dues are paid current.

What must REALTORS® always include in their advertisements along with their brokerage firm name?

The REALTORS® logo

After an agent has been fired from a brokerage firm, what can't an agent do after leaving the office?

Try to take past clients who have existing signed exclusive agency contracts with their old firm

Which of the following is false regarding metatags?

Use of metatags that include the names of other brokerage companies is a reasonable way to divert traffic to a REALTOR's site.

The Code of Ethics requires that REALTORS intending to share or sell consumer information gathered on the Internet must ______.

disclose that possibility in a readily apparent manner.

If contacted by the client of another agent, a REALTOR may discuss a listing that will become effective upon the expiration of the current listing ______.

if the REALTOR did not directly or indirectly solicit the contact.

Buyers' agents, tenants' agents and subagents ______.

must disclose that relationship to the seller/landlord at first contact.

REALTORS may contact the clients of other brokers to ______.

offer the same type of service for another property not included in the other broker's exclusive agreement.

REALTORS may contact the client of another broker to ______.

provide a different type of real estate service unrelated to the service being provided by the other broker.

REALTORS are prohibited from ______.

quoting a price other than list price without the seller's permission.

REALTORS' websites must include ______.

the name of the REALTOR's firm and REALTOR's states of licensure.

A REALTOR acting as a buyer's agent would be in violation of the Code of Ethics if she ______.

used the purchase agreement to attempt to change the cooperative compensation.

REALTORS may ______.

when contacted by the client of another REALTOR discuss the terms of a listing agreement that is effective upon the expiration of the existing agreement.


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