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North Carolina Real Estate Commission NCREC-Broker-N Exam With Confidence Using Practice Dumps

Exam Code:
NCREC-Broker-N
Exam Name:
NC Real Estate Broker National
Certification:
Real Estate Broker
Vendor:
North Carolina Real Estate Commission
Questions:
125
Last Updated:
Aug 14, 2025
Exam Status:
Stable
North Carolina Real Estate Commission NCREC-Broker-N

NCREC-Broker-N: Real Estate Broker Exam 2025 Study Guide Pdf and Test Engine

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NC Real Estate Broker National Questions and Answers

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Question 1

A seller lists his home with a brokerage firm, allowing the brokerage to put a sign in the yard, list the property in the multiple listing service, and advertise it on social media. During the listing period, the seller sells the home to a co-worker and is not obligated to pay the brokerage any commission. What type of listing did the seller have with the brokerage?

Options:

A.

Exclusive agency

B.

Exclusive right to sell

C.

Net listing

D.

Open listing

Buy Now
Question 2

For which appraisal assignment is the gross rent multiplier (GRM) method MOST appropriate?

Options:

A.

10-unit apartment building

B.

Residential duplex

C.

Retail establishment

D.

Warehouse complex

Question 3

A North Carolina broker arranges a real estate sales transaction while working for a brokerage firm. If the broker's license becomes inactive before the transaction closes, the brokerage firm:

Options:

A.

can pay the commission to the broker.

B.

must keep the commission.

C.

must return the commission to the seller.

D.

must pay the commission to the licensee who took over the transaction for the now-inactive broker.

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