Florida Real Estate Class Final Exam(Question And Answers)2023

When hours can telemarketers call a residence? {Ans: between 8am and 9pm}Ace Realty is representing the seller and the buyer as transaction broker. Assoc Henry tells the prospective buyer that he believes the seller would accept $10,000 less than the $200,000 list price. Which duty has Assoc Henry violated? {Ans: Limited Confidentiality}Regarding the RE market, which statement is FALSE? The market is A. Influence by the immobility of land B. regulated by FREC and the DBPR C. segmented into submarkets D. slow to adjust to changes in supply and demand {Ans: B. regulated by FREC and the DBPR}Follow-Up is {Ans: Keeping in contact with the new owner after the closing of the sale}The price of RE increases. Which will likely occur? A. RE rental rates will increase B. RE sales will not be affected. C. The demand for RE will increase D. The interest rate will decrease {Ans: A. RE rental rates will increase}If a broker relocates a branch office, does the new location have to be registered and licensed as a new branch office (as though the other location had not existed)? {Ans: Yes. A branch office license may not be transferred.}