Skip to content

3. Required Disclosures & Pre-Showing Agreements

Duties Owed — Nevada’s First-Required Disclosure

Quiz: Duties Owed

Pre-Showing Brokerage Disclosure & Agreement

Quiz: Pre-Showing Brokerage Disclosure & Agreement

Buyer Brokerage Compensation Pre-Showing Addendum (Option A)

Quiz: Buyer Brokerage Comp Addendum (Option A)

Consumer Choice in Your Real Estate Transaction

Quiz: Consumer Choice

Brokerage Disclosure of Referral Agreements

Quiz: Referral Fee Disclosure

Final Exam: Required Disclosures

Previous Lesson

Quiz: Pre-Showing Brokerage Disclosure & Agreement

3. Required Disclosures & Pre-Showing Agreements
Pre-Showing Brokerage Disclosure & Agreement
Quiz: Pre-Showing Brokerage Disclosure & Agreement

Time limit: 0

Quiz Summary

0 of 10 Questions completed

Questions:

Information

You have already completed the quiz before. Hence you can not start it again.

Quiz is loading…

You must sign in or sign up to start the quiz.

You must first complete the following:

Results

Quiz complete. Results are being recorded.

Results

0 of 10 Questions answered correctly

Your time:

Time has elapsed

You have reached 0 of 0 point(s), (0)

Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)

Categories

Not categorized 0%

Review
Answered
Correct
Incorrect

Question 1 of 10

1. Question

When is the Pre-Showing Brokerage Disclosure & Agreement signed?

After the Purchase Agreement is written
Correct Incorrect Correct answer

Before any showings — it establishes brokerage relationship and compensation in writing
Correct Incorrect Correct answer

Only on listings
Correct Incorrect Correct answer

At closing
Correct Incorrect Correct answer

Correct

Incorrect
Question 2 of 10

2. Question

Per Section 1 of the Pre-Showing Agreement, brokerage fees are:

Fixed by Nevada statute
Correct Incorrect Correct answer

Set by the MLS
Correct Incorrect Correct answer

Not fixed by statute and remain fully negotiable between the parties
Correct Incorrect Correct answer

Determined by the seller
Correct Incorrect Correct answer

Correct

Incorrect
Question 3 of 10

3. Question

SG’s compensation from any source under this Agreement may not exceed:

10% of purchase price
Correct Incorrect Correct answer

The amount expressly agreed to in writing with the Buyer
Correct Incorrect Correct answer

6% of purchase price
Correct Incorrect Correct answer

The seller-offered amount
Correct Incorrect Correct answer

Correct

Incorrect
Question 4 of 10

4. Question

Per Section 2, the Agreement remains in effect until:

30 days from signing
Correct Incorrect Correct answer

Either party delivers written notice of intent to terminate
Correct Incorrect Correct answer

The buyer purchases a home
Correct Incorrect Correct answer

Six months expire
Correct Incorrect Correct answer

Correct

Incorrect
Question 5 of 10

5. Question

Termination of the Agreement:

Voids all prior obligations
Correct Incorrect Correct answer

Does not affect any obligations incurred prior to termination
Correct Incorrect Correct answer

Requires brokerage approval
Correct Incorrect Correct answer

Refunds all fees
Correct Incorrect Correct answer

Correct

Incorrect
Question 6 of 10

6. Question

Per Section 6, when is buyer compensation to SG due and payable?

Upon signing the Agreement
Correct Incorrect Correct answer

When the offer is accepted
Correct Incorrect Correct answer

Upon successful closing of any transaction procured under this Agreement
Correct Incorrect Correct answer

When the loan is approved
Correct Incorrect Correct answer

Correct

Incorrect
Question 7 of 10

7. Question

Compensation under the Pre-Showing Agreement is expressed as:

Flat fee only
Correct Incorrect Correct answer

Percentage of gross purchase price plus Transaction Fee
Correct Incorrect Correct answer

Hourly rate
Correct Incorrect Correct answer

Negotiated at closing
Correct Incorrect Correct answer

Correct

Incorrect
Question 8 of 10

8. Question

When applicable, Broker will:

Refuse Seller-paid compensation
Correct Incorrect Correct answer

Request that compensation be paid by the Seller through the purchase agreement, if directed by Buyer
Correct Incorrect Correct answer

Always charge the buyer directly
Correct Incorrect Correct answer

Never request seller-paid comp
Correct Incorrect Correct answer

Correct

Incorrect
Question 9 of 10

9. Question

No Pre-Showing Agreement on file means:

Brokerage absorbs the fee
Correct Incorrect Correct answer

No enforceable claim to buyer-side commission
Correct Incorrect Correct answer

Seller automatically pays
Correct Incorrect Correct answer

Aaron handles it
Correct Incorrect Correct answer

Correct

Incorrect
Question 10 of 10

10. Question

When in the buyer process must the Pre-Showing Agreement be signed?

After three showings
Correct Incorrect Correct answer

Before any showing
Correct Incorrect Correct answer

Before close of escrow
Correct Incorrect Correct answer

Anytime in the first 30 days
Correct Incorrect Correct answer

Correct

Incorrect

Login

Accessing this course requires a login. Please enter your credentials below!

Username or Email Address

Password

Remember Me

Lost Your Password?

Register

Don't have an account? Register one!

Register an Account