REPA_SALES_S DOWNLOADABLE PDF, LATEST REPA_SALES_S EXAM REVIEW

RePA_Sales_S Downloadable PDF, Latest RePA_Sales_S Exam Review

RePA_Sales_S Downloadable PDF, Latest RePA_Sales_S Exam Review

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Latest Pennsylvania Real Estate Commission RePA_Sales_S Exam Review | New RePA_Sales_S Dumps Book

The PA Salesperson State Exam (RePA_Sales_S) certification exam is one of the hottest and most industrial-recognized credentials that has been inspiring beginners and experienced professionals since its beginning. With the PA Salesperson State Exam (RePA_Sales_S) certification exam successful candidates can gain a range of benefits which include career advancement, higher earning potential, industrial recognition of skills and job security, and more career personal and professional growth.

Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q25-Q30):

NEW QUESTION # 25
Which entities are authorized to investigate charges against real estate licensees concerning illegal discrimination in the sale or rental of housing?

  • A. The Pennsylvania Real Estate Commission and the Better Business Bureau
  • B. The Pennsylvania Real Estate Commission and the Pennsylvania Human Relations Commission
  • C. The Pennsylvania State Legislature and the Pennsylvania Real Estate Commission
  • D. The Pennsylvania Human Relations Commission and the Pennsylvania State Legislature

Answer: B

Explanation:
Both thePennsylvania Real Estate Commission (PREC)and thePennsylvania Human Relations Commission (PHRC)haveauthority to investigate illegal discriminationin real estate transactions.
* The Pennsylvania Human Relations Commission (PHRC)is responsible for enforcingthe Pennsylvania Human Relations Act (PHRA), which prohibits discrimination in housing based on race, color, religion, ancestry, age, sex, national origin, disability, and familial status.
* The Pennsylvania Real Estate Commission (PREC)investigates complaints againstlicensed real estate professionalswho violate fair housing laws, including violations of theReal Estate Licensing and Registration Act (RELRA).
Why the other answers are incorrect:
* Option A (Pennsylvania State Legislature and PREC):The Legislaturemakes lawsbutdoes not enforcethem or conduct investigations.
* Option B (PREC and Better Business Bureau):TheBetter Business Bureau (BBB) is a private organizationand doesnot have legal enforcement authority.
* Option C (PHRC and Legislature):The Legislature doesnot investigate complaints, but the PHRC does.


NEW QUESTION # 26
According to the Real Estate Commission, which of the following is REQUIRED to hold a real estate license in Pennsylvania?

  • A. An individual selling five unimproved lots that she owns
  • B. A bank selling its foreclosed properties
  • C. A home builder selling his brand new houses
  • D. An attorney who holds himself out as a provider of brokerage services

Answer: D

Explanation:
In Pennsylvania,any person engaging in brokerage activities (such as negotiating sales or leases for compensation) must hold a real estate licenseunless specifically exempted.
* 49 Pa. Code § 35.201 (Definitions) & 63 P.S. § 455.304 (Exemptions)allow attorneys to practice real estate without a license ONLY IF the services are incidental to their legal practice.
* If an attorney advertises as a real estate broker or regularly engages in real estate transactions beyond legal services, they must obtain a real estate license.
Why the other answers are incorrect:
* Option B (Home Builder Selling New Houses):Buildersare exemptwhen selling their ownnewly constructed homes.
* Option C (Banks Selling Foreclosures):Banks areexemptunder63 P.S. § 455.304 (a)(5)since they are not in the business of selling real estate for profit.
* Option D (Selling Five Unimproved Lots):Individuals selling their own propertydo not need a license
, even for multiple lots.


NEW QUESTION # 27
In the normal course of practicing real estate, a licensed real estate salesperson may:

  • A. Agree to split commissions with another licensee and pay the split directly to the other licensee.
  • B. Directly receive a commission from the buyer as well as the seller.
  • C. Pay a referral fee directly to another licensed salesperson.
  • D. Receive commission and bonuses through their broker.

Answer: D

Explanation:
Under49 Pa. Code § 35.283 (Compensation and Commission), asalesperson may only receive compensation through their employing broker.All commissions, bonuses, or referral fees must be paid by the broker and not directly to or from another licensee.
* A real estate salesperson cannot accept direct payment from clients, buyers, or sellers.
* Any bonus or commission earned must first go to the broker, who then distributes the appropriate amount to the salesperson.
Why the other answers are incorrect:
* Option A (Direct Commission from Buyer & Seller):Salespersonscannot accept direct payments from clients; all payments must go through their broker.
* Option B (Pay Referral Fee to Another Salesperson):Only brokers can pay referral fees.A salespersoncannotpay another licensee.
* Option D (Split Commission Directly with Another Licensee):Commissionsmust be handled by the broker, not between individual agents.


NEW QUESTION # 28
If a salesperson representing a buyer gets information from the seller's agent as to the status of the real estate transaction, what is the buyer's agent REQUIRED to do?

  • A. Advise the seller as to the status of the transaction.
  • B. Advise the buyer as to the status of the transaction.
  • C. Advise the listing broker as to the status of the transaction.
  • D. Advise the loan officer as to the status of the transaction.

Answer: B

Explanation:
Under49 Pa. Code § 35.284(Disclosures of Business Relationships), abuyer's agenthas afiduciary dutyto their client. This means the agent mustact in the buyer's best interestandcommunicate all material informationregarding the transactionto the buyer.
* The buyer's agent's primary responsibility is to the buyer (Option B - Correct).
* The buyer's agent does not have any fiduciary duty to the seller (Option A - Incorrect).
* The buyer's agent is not required to inform the listing broker (Option C - Incorrect).
* The loan officer does not have the same level of involvement in fiduciary duties as the buyer (Option D - Incorrect).


NEW QUESTION # 29
A listing agreement must contain all of the following EXCEPT:

  • A. The broker's license number.
  • B. The broker's compensation.
  • C. The duration of the listing.
  • D. A description of the services to be provided.

Answer: A


NEW QUESTION # 30
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