Kovats Real Estate School Practice Test

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Prepare for the Kovats Real Estate School Test with comprehensive resources including flashcards and multiple choice questions. Enhance your confidence and readiness for success today!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Under what condition may a salesperson advertise a property for sale?

Only if the property is priced below market value
If the name of his brokerage is included in the ad
When the seller approves the advertisement
Only during open house events

The correct answer is: If the name of his brokerage is included in the ad

A salesperson may advertise a property for sale under the condition that the name of their brokerage is included in the advertisement. This requirement is in place to ensure that consumers can identify the licensed brokerage responsible for the advertisement, promoting transparency and accountability in real estate transactions. Including the brokerage's name not only complies with legal and ethical standards but also protects consumers by directing inquiries through a licensed entity, which is essential for maintaining professionalism in the industry. While seller approval for advertisements and other selling conditions is certainly important and typically encouraged, the specific legal requirement under agency laws and real estate regulations focuses on the presence of the brokerage's name in any advertisements produced by a salesperson. This ensures clarity regarding who is representing the property, thus enhancing trust between consumers and real estate professionals.