Pennsylvania Real Estate Commission RePA_Sales_S Actual Free Exam Questions & Community Discussion
A salesperson who operates as an independent contractor for a broker is seldom in the office. Earnest money deposits received by this salesperson:
Correct Answer: B
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The Real Estate Commission does NOT have the power to:
Correct Answer: D
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A "For Sale by Owner" property owner has offered a flat fee to any licensee who procures a buyer. The owner's terms specify that 50% of the fee is payable upon contract acceptance, with the other 50% payable upon transfer of title. A CORRECT statement about this arrangement is that it is:
Correct Answer: B
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The Real Estate Commission is empowered to take action against a licensee who is found to have engaged in any of the following activities EXCEPT:
Correct Answer: A
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A salesperson secures a listing priced at $110,000. A prospective buyer asks the salesperson to write a
$65,000 offer for the property. The salesperson should:
$65,000 offer for the property. The salesperson should:
Correct Answer: B
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What MUST a licensee do before she can advertise, show, or offer a property?
Correct Answer: B
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