REPL EXAMINATION TEST 2026 QUESTIONS
WITH ANSWERS GRADED A+
◉ Who elects the Chairperson of the FREC? Answer: The FREC
Members
◉ What is the primary mission of FREC? Answer: To protect the public
◉ Nelson just received his Florida license. Which of the following will
NOT be on the license? Answer: An Equal Housing Opportunity Logo
◉ Broker Norman failed to display an office entrance sign. Which
disciplinary action is Norman most likely to receive? Answer: A citation
◉ Jane cheated on her real estate examination and was caught. What
will happen? Answer: Jane will have her application denied.
◉ A veteran sales associate's license expired on September 30. What
will be the status of the license on Oct. 1? Answer: The license is
involuntarily inactive.
◉ Katherine loves to show and sell houses for others for compensation.
She has been doing so for two years and without a license. She has been
caught and she wants to obtain a license. What is likely to happen?
,Answer: The FREC may deny her license since she was holding herself
out to be a licensee, practicing real estate in the previous year.
◉ The Real Estate Recovery Fund Answer: Was designed to serve as
consumer protection for those consumers who were harmed in a real
estate transaction.
◉ Jane is a college graduate with a four-year degree in real estate. She
has a sales associate's license and seeks to renew the license for the
second time. What must she do? Answer: She must take 14 hours of
continued education. She must fill out the form, pay the fee, and return it
before the expiration date.
◉ In a licensee's personal business budget, a trade association fee would
qualify as what type of expense? Answer: Operating expense
◉ What does it mean to "qualify" a seller in real estate? Answer: To find
out if the seller is truly ready to sell
◉ When you are developing your Target Market Summary, you should:
Answer: Select an area with which you are familiar and in which you are
comfortable.
,◉ You are scheduled for "floor time" tomorrow. What is "floor time"?
Answer: When an agent is in the office to receive phone calls from
prospective clients
◉ A possible client walks into your office and says he wants to buy a
house. He has not talked to a mortgage agent yet, but he says he can pay
25% down and already knows how much of a monthly payment he can
afford. He wants to move in the next 90 days. What should your next
step be? Answer: Advise him to speak with a mortgage agent and get, at
minimum, pre-qualified, but preferably pre-approved for a loan.
◉ Which of the following is a benefit of developing a Business and
Marketing Plan? Answer: It will help you set clear goals and stay
focused.
◉ One of your least favorite things to do is write your monthly
newsletter. But it has to be out by the end of the week, and you have
scheduled yourself time to work on it today. Where should it be on your
"to-do" list? Answer: First on the list so you can get it over with and
move on to things you enjoy.
◉ According to the course, people should have Answer: Three months'
salary in savings.
◉ You have been an agent for six months. You are reviewing your
activities and their results. You find that you are getting one listing
, appointment for every 20 expired listings you call. You also find that
you are getting one for every ten FSBOs you call. You should: Answer:
Spend less time on Expireds and more on FSBOs, since that is where
you are getting the best results.
◉ You are creating a form to track your performance as a Real Estate
agent. What activity should not be included on the form? Answer: Floor
time. Because it is scheduled by your office, and you can use the time
for other things; it does not need to be tracked.
◉ What type of legal notice would most likely provide leads? Answer:
Foreclosures
◉ Which of the following is NOT an exception to the Do-Not-Call
laws? Answer: You can call as long as you block your company name
and number.
◉ Which of the following is most important to have on a licensee's
personal website? Answer: The licensee's contact information
◉ Once you have sent your friends and family a letter of introduction
regarding your real estate practice: Answer: You should follow-up with a
phone call in a day or two.
WITH ANSWERS GRADED A+
◉ Who elects the Chairperson of the FREC? Answer: The FREC
Members
◉ What is the primary mission of FREC? Answer: To protect the public
◉ Nelson just received his Florida license. Which of the following will
NOT be on the license? Answer: An Equal Housing Opportunity Logo
◉ Broker Norman failed to display an office entrance sign. Which
disciplinary action is Norman most likely to receive? Answer: A citation
◉ Jane cheated on her real estate examination and was caught. What
will happen? Answer: Jane will have her application denied.
◉ A veteran sales associate's license expired on September 30. What
will be the status of the license on Oct. 1? Answer: The license is
involuntarily inactive.
◉ Katherine loves to show and sell houses for others for compensation.
She has been doing so for two years and without a license. She has been
caught and she wants to obtain a license. What is likely to happen?
,Answer: The FREC may deny her license since she was holding herself
out to be a licensee, practicing real estate in the previous year.
◉ The Real Estate Recovery Fund Answer: Was designed to serve as
consumer protection for those consumers who were harmed in a real
estate transaction.
◉ Jane is a college graduate with a four-year degree in real estate. She
has a sales associate's license and seeks to renew the license for the
second time. What must she do? Answer: She must take 14 hours of
continued education. She must fill out the form, pay the fee, and return it
before the expiration date.
◉ In a licensee's personal business budget, a trade association fee would
qualify as what type of expense? Answer: Operating expense
◉ What does it mean to "qualify" a seller in real estate? Answer: To find
out if the seller is truly ready to sell
◉ When you are developing your Target Market Summary, you should:
Answer: Select an area with which you are familiar and in which you are
comfortable.
,◉ You are scheduled for "floor time" tomorrow. What is "floor time"?
Answer: When an agent is in the office to receive phone calls from
prospective clients
◉ A possible client walks into your office and says he wants to buy a
house. He has not talked to a mortgage agent yet, but he says he can pay
25% down and already knows how much of a monthly payment he can
afford. He wants to move in the next 90 days. What should your next
step be? Answer: Advise him to speak with a mortgage agent and get, at
minimum, pre-qualified, but preferably pre-approved for a loan.
◉ Which of the following is a benefit of developing a Business and
Marketing Plan? Answer: It will help you set clear goals and stay
focused.
◉ One of your least favorite things to do is write your monthly
newsletter. But it has to be out by the end of the week, and you have
scheduled yourself time to work on it today. Where should it be on your
"to-do" list? Answer: First on the list so you can get it over with and
move on to things you enjoy.
◉ According to the course, people should have Answer: Three months'
salary in savings.
◉ You have been an agent for six months. You are reviewing your
activities and their results. You find that you are getting one listing
, appointment for every 20 expired listings you call. You also find that
you are getting one for every ten FSBOs you call. You should: Answer:
Spend less time on Expireds and more on FSBOs, since that is where
you are getting the best results.
◉ You are creating a form to track your performance as a Real Estate
agent. What activity should not be included on the form? Answer: Floor
time. Because it is scheduled by your office, and you can use the time
for other things; it does not need to be tracked.
◉ What type of legal notice would most likely provide leads? Answer:
Foreclosures
◉ Which of the following is NOT an exception to the Do-Not-Call
laws? Answer: You can call as long as you block your company name
and number.
◉ Which of the following is most important to have on a licensee's
personal website? Answer: The licensee's contact information
◉ Once you have sent your friends and family a letter of introduction
regarding your real estate practice: Answer: You should follow-up with a
phone call in a day or two.
