Which of the following activities can an unlicensed personal assistant do?
An unlicensed personal assistant may perform the following activities: Answer the telephone and forward calls to a licensee. Submit listings and changes to a Multiple Listing Service (MLS) Follow up on loan commitments after a contract has been negotiated.
What can an unlicensed real estate assistant do in Nevada?
Perform bookkeeping, record and deposit trust funds under direction of the broker. Monitor licenses and personnel files. Place and/or remove signs on property. Accept rental payments and issue receipts at the broker’s place of business.
Which of the following is an act an unlicensed associate Cannot legally perform?
The unlicensed associate cannot represent him/herself as being a licensed broker or as someone who can legally engage in buying, selling, exchanging, renting, leasing, managing, auctioning, or dealing with options on any real estate for others.
What’s the greatest penalty an unlicensed individual who’s found guilty of practicing licensed real estate activities in Florida may be fined?
If convicted of Unlicensed Practice of Real Estate in Florida, a judge can impose any combination of the following penalties: Up to five (5) years in prison. Up to five (5) years of probation. Up to $5,000 in fines.
Which of the following is an allowed activity for an unlicensed assistant quizlet?
What are some examples of activities that an unlicensed assistant may perform? Get status reports on the loan progress, pull together documents for closing, write ads for a broker’s approval, place approved classified advertising.
Which listing agreement gives the seller the right to engage several brokers as agents?
open listing
An open listing is a non-exclusive contract. This type of listing gives the seller or buyer the right to engage any number of brokers as agents.
How do you become a showing assistant?
Showing Assistant Qualifications
- Valid Real Estate License.
- Ability to use or quickly learn real estate specific CRM and marketing/lead technologies.
- Willing and able to spend a lot of time driving.
- Self motivated and able to perform tasks independently.
- Professional in attitude and appearance.
Which violation of Real Estate License Law is a third degree felony?
Third degree felonies ─ Anyone that acts as a broker or sales associate without being the holder of a valid and current active license, or anyone falsifying information on an application for licensure, is guilty of a third degree felony punishable by a criminal fine of up to $5,000 and imprisonment of up to 5 years.
Which violation is a third degree felony?
Which of the following may an unlicensed person working in a real estate office not perform quizlet?
Unlicensed assistants can perform secretarial or administrative tasks but may not perform any activity that requires a real estate license, such as preparing a listing contract.
Which of the following may an unlicensed person working in a real estate office perform?
Unlicensed assistants may arrange and schedule appointments for agents to meet with principals or members of the public relating to an existing or potential real estate transaction. They may also arrange appointments for services to be provided by third parties, such as pest control companies or appraisers.
What is the most desirable way to terminate a listing?
There are three surefire ways to terminate a listing agreement according to real property law — death, insanity, or bankruptcy of either the broker or the seller. Depending on the contract, someone who has power of attorney for the seller may be able to continue the sale of the home.
How does a showing assistant get paid?
Some will pay a showing agent on so much money per house. Normally I see newer showing assistants starting around thirty percent of that money so of the three thousand dollars the agent received, the showing assistant would get $900 and they only get paid upon closing.
How much do showing assistants get paid?
Showing Assistant Salary
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $60,000 | $29 |
| 75th Percentile | $47,000 | $23 |
| Average | $41,877 | $20 |
| 25th Percentile | $35,000 | $17 |
Which violation of real estate law is a third degree felony quizlet?
Unlicensed practice of real estate for compensation and falsifying an application are felonies of the third degree. The penalty is a fine of up to $5,000 and/or up to five years in jail per offense.
Is culpable negligence a felony?
In some circumstances, the crime of culpable negligence can be charged as a third-degree felony. In other circumstances, such as child neglect causing great bodily injury, culpable negligence can be charged as a second-degree felony punishable by up to 15 years in Florida State Prison.
