The CE Shop » Sales License » 45-HR. CA REAL ESTATE PRACTICE COURSE » Summer 2021

Question #1

Which of the following statements is true about the MLS?

A. Self-promotion isn't allowed.

B. Listing fees vary by listing price.

C. It's free to members of the National Association of REALTORS®.

D. Expired and withdrawn listings may not be included on the MLS.

Question #2

Which of the following actions would be an MLS violation?

A. Emphasizing that the property is adjacent to the public library

B. Hiring a professional photographer to make a run-down property look as good as possible

C. Lowering the price after getting the seller's permission to do so

D. Publishing the broker's website and email address in the public remarks

Question #3

Your client, Brenda, doesn't want to be on the MLS because of privacy concerns. You tell her that one advantage to the MLS for her is ______.

A. The MLS makes it easier to sell her property quickly

B. No one will see the list price on the MLS

C. It makes a private sale easier

D. You won't have to work as hard

Question #4

The MLS offers several advantages to sellers. What's one of these advantages?

A. Increased security

B. Lower brokerage fees

C. Increased privacy

D. Increased market exposure