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The client is the seller if you are the listing agent. So if they know of a defect or material fact they must disclose. Also as a real estate agent if you know of a latent defect or material fact you also have a responsibility to disclose.

We will keep pushing education on our side! Don't give up!

The answer is not "C" because mediation is stipulated in the contact. Both parties agree by signing the contract to buy/sell that they will go to mediation if a dispute arrises. If they do not agree to terms in mediation they have the right to go to arbitration or litigation.

Thank you Kelly! Congrats on passing the exam!

Awesome to hear Kyla! Crush your test on the 20th!

2 more days Kyla! You got this

@@bestrealestatecareer update: I PASSEDDD

Thank you for the feedback!

1140 / 360 = 3.17/day 3.17x 91 (add the day because the Buyer owns closings) 1140-288.5 = Debit Buyer $851.50 The 288.50 isn't touched because it was paid in advance getting the remainder of what they didn't benefit from. Great Question!

Will do Donald! Thanks for watching!

I'm glad to hear the videos were so helpful! Good luck on your exam!

Thank you for the feedback, I appreciate it!

Yes, low voltage in my eyes would be like speaker wiring or internet. So yes I think functional was the correct choice Lisa!

Hey Ed, I'm the co-owner of Denver Real Estate School. I have just taken the test enough times & this point that I understand what you will be facing. How is the schooling going?

@@bestrealestatecareer Thanks. I'm just waiting to take the state test again! I passed the national portion.

@@edthom0834 Awesome to hear about the National! Feeling good about the state side>?

Absolutely, that's part of our fiduciary responsibilities to our clients. If they say "CASH" or "Conventional" or even "Crypto" we are to seek the price & terms they set forth in our Agency Contracts w/ them.

I saw something very similar, but it stated what offers do we share.. is it all offers? Or just the cash that they asked for?

​@@abbycolon4016agent must present all offers is what I read even though client wants cash offer.

Thanks Man! Looking forward to your class with our Brokerage on June 5th!

Nicole, you got this! All Money Belonging to Others Must be Deposited into a Trust or Escrow Account when held by a licensed property manager.

@@bestrealestatecareer thanks for replying!! Appreciate it! And thanks for the encouragement!

@@NicoleWells-hx4gu You are welcome. How did it go?

Hey you got this! 1 question away from a new career!

Makes two of us! Taking it for the fourth time tomorrow, I’ve missed all 3 by 1-2 questions. Good Luck!!!

The part is $470,000 because that was take home after commissions were paid. So you add the commissions & the "net" together & you get the "gross" the total.

Thanks for the offer Damo.

I would need more than Matt. If the Buyer wants a Radon test, then the Buyer should get a Radon test. If the Buyer is telling you the Agent to go have the test, no that is not your responsibility unless you are POA.

Well done, I'm glad the videos helped!

Great Question In an Exclusive agency buyer agency agreement the agreement makes the broker the exclusive agent of the buyer, but it requires the broker to be paid only if the broker finds the property that the buyer ultimately purchases. In an open agency the buyer pays only the broker who finds the property that the buyer buys. The buyer owes the broker nothing, if the buyer finds and purchases a property without help from the broker. So as far as commission goes they are similar in that sense. If the buyer finds their own property with either of those agreements in place the Buyers Agent does not get paid.

Thanks, will do!

Thank you Donald!

Great job, Jorge! I’m glad they helped! What’s next in the real estate journey?

Hello! Yes, this is national content these are not state specific questions & answers.

Did you pass ?

Hey Emily, you got this. Remember this test does not define the type of agent you will be once you pass!

@@JohnDeere-pl4np a did not but I am retaking the exam again today!

@@emilyf8449 did you pass ?

@@emilyf8449 have you try reaching out to Mr James for a help ?

You are welcome!

It is not state specific, this is National content. So yes!

Awesome to hear. I'm glad they have been helpful!

Awesome to hear! Congrats on the Pass!

Totally get it, the contracts section is the largest on the exam! Keep pushing, you got this!

Glad it was helpful!

At some point, I might be interested! Thank you!

You got this, it's only a test. After the test is when the fun starts!

You are welcome, you got this! Keep pushing!

Glad you like them! You got this!

Thank you! 😃

Thanks

@@bestrealestatecareer Can I give you any advice on how to grow your channel?

I failed with the best score yet. I am four points away from passing. YAY. Scheduled a retake for the first of March. I will keep you all posted. Ugh. The 100th time is a charm right?

You got this Major! 4 points you are so close! The double negative questions on the State Exam are something else. Keep hitting the contracts & agency for your review!

Thanks so much. Already Rescheduled for the first of March. @@bestrealestatecareer

Awesome to heat Vanessa! You got this!

I'm glad it helped!

You will need to reach out to your state licensing board for clarity. 1 year is typically the cut off from REC-33 to getting your license.

NIce! Keep up the great work.

You are absolutely correct a chair & sofa are 100% personal property. A built-in bookcase is a fixture, good catch!

You are getting so close! I'm glad the content is helping you with your studies! I don't currently at this time have a Chicago webinar. There is a national test review on the page though that touches the 20,000 ft view of national contracts.

This message is very helpful for new comer like me @edwinruano4382 and thank you the video Charles

Yes!

I will see what I can do, Thank you for watching!

You're welcome

How did it go Jorge?

i missed 2 questions from passing getting close!!! taking it again this friday!!@@bestrealestatecareer

no i was really close!!! @patrickvictory6534