Real Estate Brokerage: Unit Exams

Real Estate Brokerage: Unit Exams

The owner of a real estate brokerage firm hired Eric to oversee the day-to-day
operations of the business. What type of broker is Eric?
Active
Assistant
Broker-owner
Managing - correct answer ✔Managing
Samantha is the owner of her own real estate brokerage firm. Which of these
is one of her responsibilities as broker-owner?
Making sure her licensees maintain their licensure
Explaining the agency relationship to her licensees' clients
Encouraging brokers who work for her to start their own firms
Collecting fines from her licensees who violate license laws or regulations -
correct answer ✔Making sure her licensees maintain their licensure
Nat has a friend who is in the home construction business, and he says that in
the last six months, there has been an increased demand from the developers
to build homes that are more energy efficient and that use sustainable and
non-toxic housing materials. What current market trend is this an example of?
Increased density
Greener buyers
Smaller houses, bigger houses
Aging of Baby Boomers - correct answer ✔Greener buyers

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