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Real Estate Salesperson Exam — National Portion

Agency (WI): practice questions

Our Real Estate (National) bank has 7 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Wisconsin

What must a Wisconsin firm give a non-client party before negotiating on another's behalf?

  1. A business card
  2. A customer disclosure
  3. A home warranty
  4. A commission agreement
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B. A customer disclosure — Wis. Stat. 452.135(1)(a).

Question 2 · Wisconsin

Can a Wisconsin client withdraw consent to designated agency?

  1. No, never
  2. Yes, in writing
  3. Only before an offer
  4. Only through a lawyer
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B. Yes, in writing — Wis. Stat. 452.134(3)(a).

Question 3 · Wisconsin

Is a Wisconsin client liable for a firm's misrepresentation the client didn't know about?

  1. Yes, always
  2. Not unless they knew
  3. Only up to $5,000
  4. Only for sales over $1 million
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B. Not unless they knew — Wis. Stat. 452.139(2)(a).

Question 4 · Wisconsin

Without designated agency in a multiple representation, what may a Wisconsin firm NOT do?

  1. Present offers
  2. Favor one client
  3. Show property
  4. Keep records
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B. Favor one client — Wis. Stat. 452.134(4).

Question 5 · Wisconsin

What does a Wisconsin multiple representation relationship require?

  1. Nothing
  2. All clients' written consent
  3. The board's approval
  4. A court order
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B. All clients' written consent — Wis. Stat. 452.134(2).

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