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Real Estate Salesperson Exam — National Portion

Advertising (NM): practice questions

Our Real Estate (National) bank has 4 questions on this topic. Here are 4 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · New Mexico

What must an associate broker include when advertising property for others?

  1. The associate broker's license number and home address as filed with the commission
  2. The brokerage trade name and phone number registered with the commission
  3. The listing price and the commission rate the seller agreed to
  4. The qualifying broker's license number and expiration date
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B. The brokerage trade name and phone number registered with the commission — 16.61.32.8(C) NMAC; 16.61.17.9(K) NMAC.

Question 2 · New Mexico

A broker advertises a house the broker owns for sale personally. What does the rule require?

  1. Written approval of the ad by the commission before use
  2. Disclosure of the broker's ownership in the ads, signs, and contract
  3. Disclosure of the broker's ownership only in the purchase agreement
  4. No disclosure, because the broker is not acting for any other person
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B. Disclosure of the broker's ownership in the ads, signs, and contract — 16.61.32.8(D) NMAC.

Question 3 · New Mexico

Limited electronic displays such as texts or tweets are exempt from brokerage disclosure if linked to a full display and no longer than what?

  1. 1,000 characters
  2. 280 characters
  3. 140 characters
  4. 200 characters
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D. 200 characters — 16.61.32.8(G) NMAC.

Question 4 · New Mexico

The brokerage trade name in an associate broker's ad must be at least what size relative to the broker's name?

  1. 25 percent
  2. 33 percent
  3. 100 percent
  4. 50 percent
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B. 33 percent — 16.61.32.8(C) NMAC.

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