What term is used to describe a professional estimate/opinion on the value of real estate?
What is appraisal?
100
What is the only fee you're required to pay monthly?
What is $43
100
What is the main purpose of a "greensheet"?
Hint: The answer is NOT "to get paid"
What is to trigger the disbursement authorization (DA)
100
Who is the CEO of Keller Williams International?
What is Chris Heller
100
If you are representing a buyer only, what Agency relationship form must be included in your buyer loop?
What is buyers representation agreement
200
What is the term for the legal document that is most often used to transfer title of real estate from previous to new owner?
What is Deed
200
What do we call the group of agents that meet once a month with the Team Leader to discuss office business?
What is Agent Leadership Council (ALC)
200
What are the two main loops used in uploading documents in Dotloop?
What is the buyer loop and the seller loop
200
What is our Market Center #?
What is 859
200
If there are two in-house Agents advising their client in the same transaction, what Agency relationship form must be used?
What is intermediary form
300
What sad event occurs when a property owner defaults on his/her mortgage agreement with a bank or other creditor?
What is foreclosure?
300
What day of the month does the monthly phone duty meeting take place?
What is the last Tuesday of every month
300
Why would you have to create separate files in the loop?
What is to separate listing documents from contract documents
300
The KW Mission Statement is ?
What is to build careers worth having, business worth owning and lives worth living!
300
If the same Agent is working with seller and buyer, does he/she need to be "intermediary"
What is No
400
For tax purposes, some property owners decrease the value of their property over time (presumably, to account for wear and tear over time) and take the amount as a tax write-off. What is this process called?
What is Amortization
400
What is the purpose of the annual $25 fee that is charged every January?
What is for profit share distribution
400
What is one way to confirm that my loop has been submitted for review?
What is to check the activity log to confirm submission
400
The Anniversary Date/Fiscal Year is?
What is the 1st day of the month, following the date the Agent joined
400
Under our current policy, can a KW Agent represent the seller of another company's listing?
What is NO, we don't allow subagency
500
Which of these best describes the term 'capital gain' when it comes to real estate?
What is profit from the sale of property
500
Who is the Operating Partner, the Broker of Record, and Designated Supervising Realtor of our office?
(Must get all three correct)
What is Joyce Toombs, Henry Rivas, and Azael Gomez
500
How do you know when your loop is in "returned to agent" status
What is you will receive an email stating status has changed, upon opening email you will see a message from the compliance officer (Azael/Crystal)
500
What is an Agent that has been with Keller Williams for 3 years and a day called?
What is a vested agent?
500
When does an Agent need to explain information about brokerage services?
What is at the first face to face meeting or at the first substantive dialogue of real estate