Professionalism and Soft Skills Practice Quiz Flashcards
Five most common ways of dealing with conflict as outlined in the course?
Competing
Accommodating
Avoiding
Compromising
Collaborating
What two priorities should be considered when determining the priority of an activity?
Urgency and importance
Potential target markets can include?
First time buyers
The move up market
High-net-worth individuals
Investors
What is a sphere of influence?
Each person you know has many contacts of their own whom you have access to.
What is MLS
A database that provides a current inventory of available property listings and history of sales in a geographic area
True or False: As a business owner, the Alberta Occupational Health and Safety Act does not apply if you are a one-person operation
False
All people employed in Alberta, whether employees or self-employed, must comply with the Alberta Occupation Health and Safety Act (OHS)
What is the term used to describe the process of transfer of property from one party to another?
Conveyancing
How long after they have been created do brokerages keep real estate transaction documents for?
3 Years
True or False: A brokerage can pay person or general office expenses or other renumeration payable to a brokerage’s authorized officials, brokers or associates out of an account in which money is held in trust.
False
True or False: You commission from your brokerage is excluding GST
False
According to RECA’s advertising guidelines, your advertisement may:
Not be false or misleading
Only be done on behalf of a brokerage
Include the full name of a brokerage
Include your name
Anything a brokerage offers to a specific person who is a party to a specific real estate transaction or mortgage deal to assist, persuade or cause that person to enter into or complete a specific transaction or deal is called?
Inducement
Which of the cannot be advertised to the general public?
Promotions
Incentives
Inducements
Your brand
Inducements
When you are working with two clients who are together and they have not indicated a term for this person they are in a personal or professional relationship with, what is the best term to use for this person?
Partner
Identify some items you should prioritize the first few weeks and months of your new career.
Create a career business complete, complete with goals.
Correctly unselected
Secure all of the materials you need in order to do your job well.
Correctly unselected
Find a mentor who can assist you.
Correctly unselected
Make a list of your network, which might come in handy.
