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  • In order to be licensed as a broker, a salesperson must first complete:
    In order to be licensed as a broker, a salesperson must first complete:
    The correct answer is 2 yearsas a salesperson according to the book.

  • Jane is a broker and accepts a $3,000 deposit. What should she do with the deposit?
    Jane is a broker and accepts a $3,000 deposit. What should she do with the deposit?
    Answer board​Why wouldnt you place it in a business account? What if you were running a business Reality LLC company?Give an example after your answer. Cheers!!

  • How old must an individual be to obtain a salesperson license?
    How old must an individual be to obtain a salesperson license?
    The answer to this is A. You have to be at the age of 18 in order to get a salesperson license. Why do you need this type of license anyway? This will allow you to have the authority to sell items even if you are still young. Let us say that you want to start selling cars. You cannot do this without the right license. Take note that for the salesperson license, you can only sell vehicles to dealers who are selling cars and not directly to customers. If you would like to take it one step further and start selling cars, you need to get a dealer license instead. You would need to pay $50 to get the license to become a salesperson. It would cost the same for reinstatement. A transfer fee would cost $15. It is best that you know about the costs to prepare for getting this license ahead of time.

  • Which of the following duties does NOT require real estate licensure?
    Which of the following duties does NOT require real estate licensure?
    1. Sale of a business where there is no real property

  • The type of legal listing agreement which is least desirable for for the broker is a(n):
    The type of legal listing agreement which is least desirable for for the broker is a(n):
    Open listing is the correct answer. where can I do practice exam questions for free online?

  • In order to be licensed as a broker, a salesperson must first complete:
    In order to be licensed as a broker, a salesperson must first complete:
    Real Estate Broker:In order to qualify for licensure as a real estate broker, an applicant must have at least two years of experience as a licensed real estate salesperson or at least three years of experience in the general real estate field (e.g., buying and selling your own property, managing property owned by your employer), have satisfactorily completed both the qualifying salesperson course of 75 hours and an additional 45-hour real estate broker course as approved by the Secretary of State, and have passed a qualifying examination administered by the Department of State.

  • What must a salesperson first complete in order to be licensed as a broker?
    What must a salesperson first complete in order to be licensed as a broker?
    Disagree as the NY DOS says "Two years of experience as a salesperson " Ref: NY DOS FAQ page How do I become a real estate salesperson or broker? Real Estate Salesperson: In order to qualify for licensure as a real estate salesperson, an applicant must have satisfactorily completed a 75-hour salesperson qualifying education course in real estate approved by the Secretary of State, and have passed a qualifying examination administered by the Department of State. An applicant who completed the 45-hour salesperson qualifying course prior to July 1, 2008 may complete the 30-hour remedial course in order to qualify for licensure. Real Estate Broker: In order to qualify for licensure as a real estate broker, an applicant must have at least two years of experience as a licensed real estate salesperson or at least three years of experience in the general real estate field ,or a combination of the both, meet the minimum points required for the experience type, (e.g., buying and selling your own property, managing property owned by your employer), have satisfactorily completed both the qualifying salesperson course of 75 hours and an additional 45-hour real estate broker course as approved by the Secretary of State, and have passed a qualifying examination administered by the Department of State. Please see application instructions for more detailed information. Please see application instructions for more detailed information. NOTE:The 75 hour salesperson qualifying and 30 hour remedial courses are valid for 8 years past the course completion date and must be used to obtain a license or will expire and must be retaken. Please note, that completion of a school administered proctored examination is required in addition to the qualifying examination administered by the Department of State. If you have any questions about the school proctored examination, please contact your school provider. Once either of these courses have been applied towards a license, they will not expire and can be used for upgrade.

  • Which of the following is not true of Section 1035 Policy Exchanges?
    Which of the following is not true of Section 1035 Policy Exchanges?
    The answer to this is C. There are a lot of people who usually become confused when the IRS is already involved but it helps to become informed about the various rules and regulations that are set by the agency. Letter C says that there is a completion limit of 30 days. According to the rules, there is no specific time limit that is stated. This means that the exchange can still be completed but within a different time frame. It may sometimes differ from one situation to another. Whenever you are feeling some confusion regarding the code, you can always research about it to be sure.

  • How old must an individual be to obtain a salesperson license?
    How old must an individual be to obtain a salesperson license?
    18over the age of 18they must be over the age of 18

  • How old must an individual be to obtain a salesperson license?
    How old must an individual be to obtain a salesperson license?
    One must be 18 years old in order to obtain a salesperson license.

  • The listing salesperson must accept compensation directly from the:
    The listing salesperson must accept compensation directly from the:
    Why is it that the listing salesperson must accept compensation directly from the employing broker

  • In order to be licensed as a broker, a salesperson must first complete:
    In order to be licensed as a broker, a salesperson must first complete:
    Hello, the answer to this question is wrong, it is 2 years od salesperson experience in order to become a licensed broker. This is also stated on the NYS division of licensing.

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