Dotloop
When should you submit the preoffer documents?
As soon as they are signed.
This REALTOR® duty requires you to protect and promote your client's interests while treating all parties honestly.
What is fiduciary duty?
What is fiduciary duty?
When should you submit your closing request?
As soon as the contrat is executed
Before sending a document for signatures you must first assign these to the signers
What are the signature or initial fields?
What is the Fair Housing Act?
Steering buyers toward or away from neighborhoods based on race, religion, or other protected characteristics violates this federal law.
When are the open marketing session held
Monday 1-3
This is the digital workspace where all transaction documents are stored and managed.
What is a Loop?
A listing agent receives an offer significantly below asking price and believes the seller will reject it. Ethics require the agent to do this.
What is present the offer to the seller?
What is honesty and truthful representation?
An agent advertises a property as having "all-new plumbing" without verifying the claim. This ethical principle has been violated.
This review process helps brokers ensure all required documents are included.
What is compliance review?
A REALTOR® learns confidential financial information about a former client. Even after the transaction closes, ethics require the agent to do this.
What is maintain the client's confidentiality?
What are the 2 steps successful real estate agents do every morning.
Check your hot sheet and open your CRM
A sign document submited after a transaction is completed that shows the property has officially sold and details the financial breakdown of the sale
What is a Settlement Statement
An agent advertises a property as having "all-new plumbing" without verifying the claim. This ethical principle has been violated.
What is honesty and truthful representation?
When advertising on social media what must you do?
Guide Realty logo or company name must be prominent.