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Real Estate

Chapter 15 Quiz

admin 2019.04.29 13:38 Views : 251

1 of 10 - What is a good method for an assistant to keep track of the various types of files a real estate broker must have?
 
An ABC filing system
A master transaction file
A hybrid filing system
 
A cross-referencing system
You answered incorrectly
Because firms must maintain files on listings, current transactions, buyers, sellers and completed transactions, an assistant may need to develop a cross-referencing system and an indexing system to keep track of all the paperwork.
2 of 10 - Which of the following would not be a reason to choose to be an assistant?
To gain self-confidence
To learn more about the real estate business
To have a stable, steady income
 
To make more money than a real estate agent
You answered correctly
3 of 10 - Gail is a licensed real estate assistant. Which of the following activities would she not be authorized to perform?
Discuss a contract with a buyer.
Conduct an open house on her own.
 
Write and sign commission checks to salespersons.
Meet with an inspector at a listing.
You answered correctly
4 of 10 - Assistants who are hired to work part time:
 
Work 12-15 hours per week.
Get salary plus benefits.
Usually get a percentage of the commission in addition to a salary.
 
Should get workmen's compensation.
You answered incorrectly
Part-time assistants work 20-24 hours a week with an hourly wage and no benefits but are provided workman's compensation.
5 of 10 - Assistants who are asked to be available for tasks in the field rather than in the office are referred to as:
Part-time workers
 
Field staff
 
On-call assistants
Commission-only assistants
You answered incorrectly
Some employers may prefer to have their assistants available for out-of-the-office activities and may require their assistants to be on call rather than have set i-office working hours.
6 of 10 - Janet is an unlicensed assistant. She can do all of the following except which?
 
Prepare a listing contract.
File a listing contract.
Gather listing forms for her employer.
Prepare color flyers on listings.
You answered correctly
7 of 10 - Which statement is true about a real estate assistant?
Does not need to be familiar with office policy.
Must be a full-time employee.
 
May be an independent contractor.
Must start out as a part-time employee.
You answered correctly
8 of 10 - Which of these items on a resume accompanying an application for an assistant's position should be kept brief?
 
Interests
 
Technical skills
People skills
Education
You answered incorrectly
Resumes should include technical and people skills and educational background. It's appropriate to give some personal information about interests, but this section should be kept brief.
9 of 10 - A real estate assistant:
Must have a real estate license.
 
Needs a license to perform activities that are not strictly administrative in nature.
 
Can perform some real estate activities without a license.
Must have an assistant license.
You answered incorrectly
An assistant can be licensed or unlicensed, but an unlicensed assistant performs only administrative duties and is prohibited from performing any activity that requires a real estate license.
10 of 10 - Which statement is not true?
Sending cards and newsletters is a good way to keep in contact with clients and prospects.
 
An assistant should never be left with the task of taking photos of a new listing.
An assistant can keep track of the progress of activities during escrow.
In most situations, an assistant should not have the responsibility of in-person contact with clients.
You answered correctly