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Real Estate Salesperson Exam — National Portion

Listings (NY): practice questions

Our Real Estate (National) bank has 6 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · New York

May a New York broker negotiate directly with an owner who has an exclusive listing with another broker?

  1. Yes, after 30 days
  2. Yes, as long as the owner calls them first
  3. Yes, for rentals only
  4. No, not if the broker knows of the exclusive written contract
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D. No, not if the broker knows of the exclusive written contract — Rule 175.8.

Question 2 · New York

What is a net listing?

  1. A listing for vacant land only, with the commission set by the county
  2. A listing posted online only
  3. A listing with no commission
  4. The seller gets a set net amount and the broker keeps anything above it
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D. The seller gets a set net amount and the broker keeps anything above it — Net listings are restricted (Rule 175.19).

Question 3 · New York

May a New York broker put a sign on a property without the owner's consent?

  1. Yes, for open houses
  2. No
  3. Yes, after 7 days
  4. Yes, if it's listed
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B. No — Rule 175.11.

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