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Question 1 of 30
The MREC must be notified within 10 days if:
Question 2 of 30
A broker must supervise every:
Question 3 of 30
If a buyer has the representation of a real estate broker, the buyer is the:
Question 4 of 30
Which is legal in Missouri?
Question 5 of 30
The licensee serving the seller as a Designated Transaction Broker is representing:
Question 6 of 30
Per the MREC, how many hours of continuing education do licensees need before renewing their license?
Question 7 of 30
If the buyer’s agent is paid by the seller, who does the buyer’s agent represent?
Question 8 of 30
A crack in the foundation and a faulty AC unit are both examples of:
Question 9 of 30
The buyer’s agency agreement needs which of the following?
Question 10 of 30
If two brokers are fighting over a commission, the MREC will:
Question 11 of 30
Which of the following is true?
Question 12 of 30
Keeping confidential information confidential applies to:
Question 13 of 30
A listing for 30 days is legal if:
Question 14 of 30
Which would not be grounds for the MREC to refuse to issue a license?
Question 15 of 30
Betty is paid a referral fee involving a real estate transaction. For this to be legal, which happened?
Question 16 of 30
What can an unlicensed secretary at a real estate office legally do for the real estate company?
Question 17 of 30
Sara prospects for listings for Team Green Back. What does Sara need to make her activities legal?
Question 18 of 30
A licensed electrician wanted to sell real estate. What would she need to do in order to accomplish this goal?
Question 19 of 30
Which of the following can conduct a real estate closing legally?
Question 20 of 30
If salesperson Tom wants to show a FSBO to his buyer client, which does Tom need?
Question 21 of 30
Ralph pays Mary a commission for a recent sale. Ralph must be Mary’s:
Question 22 of 30
Who most likely drafted the listing agreement used by Big Bucks Realty?
Question 23 of 30
127 Easy Street had a major fire two years ago. Now that it is for sale, what might need to be done to be safe?
Question 24 of 30
Jane lost her real estate license 5 years ago. Does Jane need to disclose to a potential buyer of her home that she used to have a real estate license?
Question 25 of 30
A salesperson deposits a buyer’s earnest money into her personal business account until the offer is accepted. This is:
Question 26 of 30
Real estate licensees are allowed to:
Question 27 of 30
Jimmy Woodenspoon supervises a shrinking group of real estate licensees. What type of role does it appear Jimmy has for the real estate company?
Question 28 of 30
Net listings in Missouri are:
Question 29 of 30
What might Freeda have done to have her license revoked?
Question 30 of 30
Which of the following is true?