- 301- NC Post Licensing / Exam
Questions & Expertly Verified Answers,
2025 / 2026.
Quiz____?Can an inactive agent be paid a referral commission if they were active at the time they made the referral? - Answer✓✓ Yes. If and only if they were active at time of referral
Quiz____?Must Dual Agency be in writing? - Answer✓✓ Before an offer is made, Yes. Dual agency must be in writing and signed by both parties
Quiz____?At a listing appointment, the agent should be gathering all information for listing and what? - Answer✓✓ Advertising
Quiz____?May a BIC and their Provisional Broker enter into dual agency together? - 1 / 2
2 Answer✓✓ No. Because the BIC oversees the PBs transactions, this would be a conflict of interest
Quiz____?When must all agency be "Written" - Answer✓✓ Prior to first offer
Quiz____?Are all in-house transactions Dual Agency? - Answer✓✓ No. The exceptions would be Seller Sub Agency or Unrepresented Buyers
Quiz____?Can The Real Estate Commission fine brokers? - Answer✓✓ No. They can only reprimand, suspend, and revoke licenses
Quiz____?Who can sue agents civilly for monetary compensation? - Answer✓✓ Principles of a transaction
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