In some states, real estate agents are legally required to A. back up the claims their clents make about home conditions. B. appraise the values of the properties they sell. C. hire home inspectors to perform pre0sale inspections. D. pay the fees the pre-sale home inspection.
Since this is not my area of expertise, I searched Google under the key words "'real estate agent' responsibilities" to get these possible sources:
http://www.bls.gov/oco/ocos120.htm
http://realestate.about.com/od/isrealestateforyou/p/agent_daily.htm
http://www.realestateabc.com/homeselling/listing4.htm
http://www.homesalesri.com/agent_responsibilities.php
http://www.moving.com/Find_A_Place/FAP_Article/What_to_expect/
In the future, you can find the information you desire more quickly, if you use appropriate key words to do your own search.
I hope this helps. Thanks for asking.
does anyone know the answers to this dang exan part 1
In some states, real estate agents are legally required to:
A. Back up the claims their clients make about home conditions.
B. Appraise the values of the properties they sell.
C. Hire home inspectors to perform pre-sale inspections.
D. Pay the fees for the pre-sale home inspection.
The correct answer is:
A. Back up the claims their clients make about home conditions.
To determine the correct answer, you can refer to the real estate laws and regulations specific to each state. Here is how you can find the answer:
1. Start by searching for the real estate laws of the state in question. State government websites or official real estate governing bodies are good places to start.
2. Look for specific requirements or regulations related to the responsibilities of real estate agents.
3. Pay attention to any laws or regulations that pertain to the disclosure of home conditions, appraisal of property values, or the hiring of home inspectors.
4. Note down any relevant information you find during your research.
In this case, let's go through each option:
A. Back up the claims their clients make about home conditions: Some states might have laws that require real estate agents to support their clients' claims about home conditions, while others may not have such a requirement. Review the state's laws and regulations to confirm if this option is applicable.
B. Appraise the values of the properties they sell: Real estate agents are generally not responsible for appraising property values. This task is typically carried out by licensed appraisers. However, some states might have specific requirements regarding property valuation by real estate agents. Check the state's real estate laws to see if this is mandatory.
C. Hire home inspectors to perform pre-sale inspections: Some states may have regulations that require real estate agents to hire home inspectors for pre-sale inspections to ensure property condition disclosures are accurate. Check state laws to verify if this is the case.
D. Pay the fees for the pre-sale home inspection: An agent paying for the pre-sale home inspection can be a negotiable term between the agent and the seller. However, it is not a legal requirement in most states.
After conducting your research using the steps mentioned above, you should be able to determine the correct answer based on the real estate laws and regulations specific to the state in question.