Minimum Services in Real Estate: Definition, Rules & Fines

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Real estate agents must offer at least minimum services to their clients. What is an example of a minimum service?

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1. What does minimum services mean for real estate agents?

2. How can an agent abide by real estate advertising laws?

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About This Quiz & Worksheet

Check what you know about real estate agents and their minimum services requirements by taking this quiz. Topics you'll be tested on include examples of minimum services and disclosure requirements of agents.

Quiz & Worksheet Goals

This quiz will test you on:

  • An example of a minimum service real estate agents must offer to clients
  • What minimum services means in regards to agents
  • How real estate agents can follow real estate advertising laws
  • If agents are able to give part of their commission to clients after closing
  • Why it's a requirement to disclose an issue with the house's foundation

Skills Practiced

  • Information recall - access the knowledge you've gained regarding examples of minimum services
  • Knowledge application - use your knowledge to answer questions about why foundation problems must be disclosed to buyers
  • Making connections - use your understanding of advertising laws and how agents can comply with them

Additional Learning

To learn more about minimum services, make sure to look at the lesson Minimum Services in Real Estate: Definition, Rules & Fines. The lesson contains the following:

  • What is puffing and why is it important in advertising
  • What to do when a client wants you to provide advice outside of your real estate agent scope
  • Duties a client may ask an agent to perform
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