301 NC POST LICENSING EXAM NEWEST 2025

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301 NC POST LICENSING EXAM NEWEST 2025

VERSION 1 AND 2 ACTUAL EXAM COMPLETE 300

QUESTIONS AND CORRECT DETAILED ANSWERS

(VERIFIED ANSWERS) |ALREADY GRADED

A+||BRAND NEW!!

VERSION 1

Marcus, a broker with Best Team Realty, is meeting with Naomi about listing her property for sale. At what point in the relationship do they need to reduce their representation agreement to writing?

• At the time when Marcus and Naomi first meet
• At the time when Naomi shares the motivation for her

wanting to sell her home

• Up until an offer is made on the property
• At the time when Marcus and Naomi form their agency

relationship - CORRECT ANSWER -D) At the time when Marcus and Naomi form their agency relationship

When first substantial contact with a prospective buyer or seller occurs by telephone or other electronic means that make it 1 / 4

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impractical to give the person the written brochure, the broker is required to do which of the following?

• At the earliest opportunity but no later than seven days from

the date of first substantial contact, mail, or transmit a copy of the brochure to the consumer and review it with them at the earliest opportunity.

• The broker must cease all communication with the consumer

until they can meet in person with the broker to review the brochure.

• The broker must remain neutral and only discuss material

facts about properties until the consumer can meet with the broker in person to discuss the brochure.

• At the earliest opportunity but no later than three days from

the date of first substantial contact, mail, or transmit a copy of the brochure to the consumer and review it with them at the - CORRECT ANSWER -D) At the earliest opportunity but no later than three days from the date of first substantial contact, mail, or transmit a copy of the brochure to the consumer and review it with them at the earliest opportunity.

Carlos calls a real estate office to obtain a price of a property and indicates that he would like to buy the property since he needs to be moved in and starting his new job within the month.At this time, the broker presents the information in the "Working with Real Estate Agents" brochure. All of the following should occur EXCEPT 2 / 4

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• the broker needs to inform Carlos to not reveal any

confidential or personal information to any broker until he decides who to hire as his agent.

• at the earliest opportunity, the broker needs to transmit to

Carlos a copy of the brochure.

• the broker needs to contact Carlos and review the brochure

again once Carlos has a copy.

• the broker has seven days to transmit a copy of the brochure

to Carlos. - CORRECT ANSWER -D) the broker has seven days to transmit a copy of the brochure to Carlos.

Atala is driving by a property that is listed for sale by Best Homes Realty and calls the telephone number on the for-sale sign. LaTosha answers the phone and Atala asks what the price of the property is. At this time, does LaTosha have to present the brochure "Working with Real Estate Agents"?

• No, because first substantial contact has not occurred.
• Yes, because first substantial contact has occurred.
• Yes, because LaTosha must present the brochure at initial

contact.

• No, because LaTosha is not required to present the brochure

over the phone. - CORRECT ANSWER -A) No, because first substantial contact has not occurred.

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The Working with Real Estate Agents brochure provides the consumer with all the following information EXCEPT

• useful information about the various services real estate

agents can provide buyers and sellers.

• it will indicate that you must choose a firm for representation

and that you may never represent yourself.

• the various types of agency relationships that may be

available to a consumer.

• it will help explain how real estate agents are paid. -

CORRECT ANSWER -B) it will indicate that you must choose a firm for representation and that you may never represent yourself.

The Working with Real Estate Agents brochure explains to both buyers and sellers the firm acting as a dual agent. In dual agency, the brochure states all the following EXCEPT

• if dual agency has not already been agreed upon by either the

buyer or the seller and later they want to agree to dual agency, the firm can amend the agency agreement.

• it will be difficult for a dual agent to advance the interests of

both buyer and seller. Nevertheless, a dual agent must treat buyers and sellers fairly and equally. The firm's loyalty is divided between parties with competing interests.

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