Non-Agency Relationships & Agreements: Elements & Disclosures

Instructions:

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

question 1 of 3

What is an example of a non-agent relationship?

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1. What is a transactional agent?

2. How do you prove your clients know you are a facilitator agent?

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About This Quiz & Worksheet

This resource is printable and available online whenever you want to review what you know about this topic. The questions ask you about agent types, disclosures and more related to real estate relationships.

Quiz & Worksheet Goals

Monitor your understanding of these areas:

  • Definition of a transactional agent
  • An example of a non-agent relationship
  • Requirements if a broker has a non-agent relationship with the seller
  • How to prove to your clients that you are a facilitator agent
  • When a disclosure must be signed when an agent becomes a transactional agent

Skills Practiced

Improve these skills by taking this quiz:

  • Knowledge application - use your knowledge to answer questions about non-agent relationships
  • Defining key concepts - ensure that you can accurately define transactional agent
  • Information recall - access the knowledge you've gained regarding the necessity of a disclosure when an agent becomes a transactional agent

Additional Learning

Why not try reading Non-Agency Relationships & Agreements: Elements & Disclosures, the partner lesson to this quiz and worksheet. Use it to learn more about:

  • Rules you must follow in a non-agency relationship
  • The role of a transactional or facilitator agent
  • Any commission that can be collected in non-agency relationships
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