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ZANE DUZANT
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Decks in this class (47)
Duties of an agent
What are the duties of an agent,
What is obedience,
What is loyalty
7
cards
Types of agent
General agent,
Special agent
2
cards
Independent Contractor Rules
Who does a commission compensate,
Who pays a sales agent s business...,
Can a sales agent be made to atte...
5
cards
Terminating Agency Relationships
When the property ______ either _...,
The __________ date stated in the...,
Any time by ______ agreement
12
cards
Sherman Anti-Trust Act
Commission rates must always be,
There can never be a ________ or ...
2
cards
Duties of a principal
Crip stands for,
Compensation the _____ should be ...,
Reimbursement
5
cards
Elements of a Valid Listing Agreement
1 the __________ of all of the ow...,
2 legal ___________ of the proper...,
3 ____ _____ as set by the seller
5
cards
Disclosure requirements for agent to client
What is the agent required to dis...
1
cards
Implied vs. Express authority
What is express authority,
What is implied authority
2
cards
Unlicensed Assistants
Answer __________,
Keep a register of _________,
Greet prospects and give _______ ...
12
cards
Commingling and Conversion
Commingling is,
Conversion is
2
cards
Stigmatized properties
What does it mean for a property ...,
Do you have to disclose if the pa...,
Do you have to disclose if the pa...
6
cards
Seller's Disclosure Notice Requirements
What is required for the seller t...
1
cards
Intermediary, appointed associates
What is an intermediary,
2 types of intermediary,
What is an intermediary with appo...
5
cards
DTPA
Dtpa stands for,
Dtpa deceptive trade practices ac...,
What does the deceptive trade pra...
3
cards
What is agency?
_____ acts on behalf of the _____...,
What is a fiduciary relationship
2
cards
TREC
What is trec,
Why was trec created in 1949,
What first you must obtain in ord...
4
cards
Defamation
What is defamation,
What is slander,
What is libel
4
cards
Types of listing
What is an open listing,
Who collects commission on an ope...,
Why are open listings not advised
8
cards
Canons of professional ethics
What are the 5 canons of professi...,
What is fidelity,
What is integrity
6
cards
CMA's
What is cma,
What is a comparative market anal...,
What is this analysis based on
5
cards
Types of authority
Agency by actual authority,
Ostensible agency,
Agent by ratification
7
cards
How realtors are paid
Is there a salary,
The division of commissions is at...
2
cards
Expiration of agent's duties
Do the agent s duties to the prin...
1
cards
Who can earn, sue, or share a commission?
Who can legally earn a commission...
1
cards
Dual agency
What is dual agency
1
cards
TREC Rules for Advertising
May not publish an ad that is lik...,
May not publish an ad that does n...,
May not offer a property on terms...
9
cards
Broker Roles
A broker works for a,
A broker works with a,
Cooperative broker also known as ...
6
cards
Megan's Law
What is megan s law
1
cards
TREC advertising and font requirements
The license holders name or team ...
1
cards
Subagency
What is subagency
1
cards
Results of broker death and the effect on sponsored agents
What happens to agents when the b...
1
cards
Disclosure of representation
How should buyers be provided wit...,
When should buyers be provided wi...
2
cards
IABS
What is iabs,
Texas law requires all real estat...
2
cards
Team names - Requirements
Must use in a team name,
May use in a team name,
Do not use in a team name they ar...
3
cards
Benefits of seller agency
2 major benefits of seller agency,
Why does seller agency give more ...,
Why does seller agency give more ...
3
cards
Requirements for Independent Contractor status
Sales agent must hold a,
Sales agent must be paid on a,
Sales agent must have written con...
3
cards
Website requirements for IABS form links
Contact info on an iabs must,
Blank iabs forms are,
An iabs link must be provided
5
cards
Roles of the broker - intermediary
The broker must be ________ under...,
The broker must _______ associate...
2
cards
Buyer Only/Seller Only firms
What is buyer agency only,
What is seller agency only,
What are the advantages of buyer ...
4
cards
Types of deceptive ads
A license holder may not place an...,
An ad that is inaccurate in any m...,
Advertising another broker s list...
9
cards
Five sources of ethical standards
What is the utilitarian approach,
What is the rights approach,
What is the fairness of justice a...
5
cards
Team name registration
All advertising media must contai...
1
cards
Violations setting commission rates
Only _______ are able to earn a c...,
Commission rates and any other me...,
Any attempt by a broker to establ...
4
cards
What is a REALTOR?
What is a realtor
1
cards
Duties of a principal (CRIP)
What does crip stand for whose du...,
Who is the principal
2
cards
Client vs. customer
What s the difference between a c...,
When is the iabs form handed to a...
2
cards
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Law of Agency
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