LATEST REPA_SALES_S EXAM BOOTCAMP & REPA_SALES_S TRAINING SOLUTIONS

Latest RePA_Sales_S Exam Bootcamp & RePA_Sales_S Training Solutions

Latest RePA_Sales_S Exam Bootcamp & RePA_Sales_S Training Solutions

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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q51-Q56):

NEW QUESTION # 51
Why is the following advertisement placed by a salesperson employed by ABC Realty, in violation of Pennsylvania Rules?
"Harrisburg $200,000 SUPER BUY Cozy 3br, 2 1/2 bath Cottage, near bus. For info call 555-9234 (home) or
675-6330 (office). Ask for JOHN DOE."

  • A. The MLS number is not included in the ad.
  • B. No address is given.
  • C. The broker's name does not appear in the ad.
  • D. The salesperson's name appears in the ad.

Answer: C

Explanation:
According to49 Pa. Code § 35.305(Business Name on Advertisements), alladvertisements placed by a salesperson must include the broker's name.
* Thebroker's name is missing, which violates Pennsylvania advertising requirements (Option C - Correct).
* The property address does not need to be in the ad (Option A - Incorrect).
* Salesperson names are allowed but must be accompanied by the broker's name (Option B - Incorrect).
* MLS numbers are not a requirement in all advertisements (Option D - Incorrect).


NEW QUESTION # 52
A salesperson who operates as an independent contractor for a broker is seldom in the office. Earnest money deposits received by this salesperson:

  • A. May be held by the salesperson for 3 business days.
  • B. Should be returned to the buyer to transmit to the broker.
  • C. Should be transmitted promptly after receipt to the broker.
  • D. May be kept temporarily in an escrow account opened by the salesperson.

Answer: C

Explanation:
Under49 Pa. Code § 35.324 (Handling of Deposits and Escrow Money), all earnest money deposits must be promptly transmitted to the employing broker for deposit into an escrow account.
* A salesperson cannot hold earnest money or maintain an escrow account on their own.
* Brokers are responsible for ensuring that all escrow funds are properly handled and protected from commingling.
Why the other answers are incorrect:
* Option A (Salesperson Holding Escrow Funds):Salespersons are prohibited from maintaining independent escrow accounts.
* Option C (Holding Funds for 3 Days):Earnest money must be turned over to the broker as soon as possible; salespersons cannot hold it for any period.
* Option D (Returning to Buyer for Transmission):Earnest money must go directly to the broker, not back to the buyer.


NEW QUESTION # 53
If a client requests to list their home for much more than the comparable market analysis (CMA) recommends, what is the duty of the salesperson?

  • A. Require the seller to receive an appraisal before listing the property
  • B. Advise the client as to the reason it is in their best interest to list the property closer to the comparable market value
  • C. Provide the client financial advice as to how they can invest their assets to earn the amount they would like to receive
  • D. Refuse the listing because accepting the listing would violate the Pennsylvania Real Estate Licensing and Registration Act

Answer: B

Explanation:
Areal estate licensee has a fiduciary duty to provide honest, professional advice to their clients, including pricing strategies based oncomparative market analysis (CMA).
* Under 49 Pa. Code § 35.292 (Duties of Licensees Generally), a licensee must act in the best interest of the client, which includes providing realistic pricing guidance.
* If a seller insists on listing at an inflated price, the agent should educate them on the risks, such as longer market time and reduced buyer interest.
* While the agent cannot force a seller to list at a lower price, they must ensure that the client makes an informed decision.
Why the other answers are incorrect:
* Option A (Require an Appraisal):CMAs are typically sufficient for pricing; an appraisal is only required in specific cases (e.g., lender requirements).
* Option B (Refuse the Listing):Overpricing is not illegal, so there is no licensing violation in accepting the listing.
* Option D (Providing Investment Advice):Real estate licensees are not financial advisorsand should not offer investment strategies.


NEW QUESTION # 54
Which of the following conditions MUST be met before a licensee participates in the sale of real property in which the licensee has an ownership interest?

  • A. The Pennsylvania Real Estate Commission must be notified of the transaction.
  • B. The licensee must provide written disclosure of the ownership interest to all parties.
  • C. The listing agreement must identify the licensee's name and status as a licensee.
  • D. The percentage of the licensee's ownership interest must be stated on the sales contract.

Answer: B

Explanation:
Under49 Pa. Code § 35.283 (Disclosure of Interest),a real estate licensee must disclose in writing if they have a direct or indirect ownership interest in a property they are selling or purchasing.
* This disclosure ensures transparency and prevents conflicts of interest.
* Failure to disclose ownership interest could be considered fraudulent and result in disciplinary action by the Pennsylvania Real Estate Commission.
Why the other answers are incorrect:
* Option A (Commission Notification Required):TheCommission does not need to be notifiedunless a violation occurs.
* Option B (Listing Agreement Disclosure):Disclosure isnot required in the listing agreementbut must be made to all parties.
* Option D (Percentage of Ownership on Contract):The specificpercentage of ownership is not required to be on the contract; general disclosure is sufficient.


NEW QUESTION # 55
Which of the following activities performed by the manager of a multifamily dwelling REQUIRES a real estate license?

  • A. Providing information on rental amounts to prospective renters
  • B. Distributing building rules and regulations
  • C. Entering into leases
  • D. Showing apartments to prospective renters

Answer: C

Explanation:
Areal estate license is required to enter into leases on behalf of a landlordbecausethis involves negotiating real estate transactions.
* According to 49 Pa. Code § 35.201 (Definitions), property management activities that include leasing, collecting rent, and negotiating lease terms require a real estate license.
* A property manager who is actively negotiating leases must hold a real estate license unless they are directly employed by the property owner.
Why the other answers are incorrect:
* Option B (Distributing Rules):Thisdoes not require a licensesince it is administrative.
* Option C (Showing Apartments):Showing apartmentsdoes not require a license as long as no negotiations occur.
* Option D (Providing Rental Info):Providing information is not negotiating a lease, so a license is not needed.


NEW QUESTION # 56
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