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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

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Quiz: Buyer Brokerage Comp Addendum (Option A)

3. Required Disclosures & Pre-Showing Agreements
Buyer Brokerage Compensation Pre-Showing Addendum (Option A)
Quiz: Buyer Brokerage Comp Addendum (Option A)

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Question 1 of 10

1. Question

Is the Buyer Brokerage Comp Addendum required in every buyer file?

Yes, on every transaction
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No — it is client-requested when the buyer wants comp handling in writing
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Only on FHA deals
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Only on VA deals
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Question 2 of 10

2. Question

The Addendum is used when:

The buyer wants to lower the price
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Seller-paid comp in the Purchase Agreement differs from the Pre-Showing Brokerage Agreement amount
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The buyer wants to add a contingency
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The listing agent requests it
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Question 3 of 10

3. Question

Under the Addendum, how many options may be selected?

Both A and B
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Only ONE option
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Whichever the seller chooses
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It varies by lender
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Question 4 of 10

4. Question

When do you use Option A?

When the seller pays MORE than the Pre-Showing amount
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When the Pre-Showing compensation exceeds Seller-offered comp AND the Buyer is willing to cover the difference
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On every transaction
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When SG waives the difference
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Question 5 of 10

5. Question

Under Option A, the Buyer authorizes:

The seller to refuse to close
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Escrow to disburse brokerage compensation consistent with the election
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A price reduction
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Aaron to renegotiate the contract
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Question 6 of 10

6. Question

Option A requires which three dollar figures be disclosed?

Asking price, sold price, list date
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Total comp per Pre-Showing, comp paid by Seller, difference payable by Buyer
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EMD, down payment, closing costs
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GCI, broker split, agent net
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Question 7 of 10

7. Question

What is Option B?

Buyer pays full Pre-Showing amount
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Brokerage accepts the Seller-negotiated comp as complete compensation — no additional comp owed by Buyer
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The transaction is canceled
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Compensation is split 50/50
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Question 8 of 10

8. Question

Under Option B, any higher compensation in the Pre-Showing Agreement is:

Owed by the buyer at closing
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Waived by Brokerage for this transaction only
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Recouped on the next deal
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Paid by Aaron
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Question 9 of 10

9. Question

The Addendum confirms compensation handling consistent with:

MLS rules only
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Nevada law and the parties' prior written agreements
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Zillow Group policy
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RESPA only
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Question 10 of 10

10. Question

Per Nevada law referenced in this disclosure, brokerage compensation may be paid by:

Only the buyer
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Only the seller
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Seller, Buyer, or a combination — provided fully disclosed and agreed in writing before collection
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Only the listing brokerage
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