GOLD COAST 45 HOUR POST LICENSING
EXAM COMPREHENSIVE REVIEW 2026
QUESTIONS AND DETAILED SOLUTIONS
◉ If an agent is showing buyers a FSBO and the owner will not pay
any commission, who pays the commission if the buyers want to
proceed?
A. the lender
B. the buyers
C. the exclusive agent
D. the broker. Answer: b
◉ A contract that purposes an illegal act is
A. valid
B. restrained
C. hindered
D. void. Answer: d
◉ If an agent is having difficulty reaching the listing licensee,
another option is to seek the assistance of
,A. the lender
B. the title company
C. the seller
D. the listing licensee's qualifying broker. Answer: d
◉ If a buyer is dragging his or her feet by not getting a pre-approval
or a loan estimate done, politely remind him or her that it makes the
offer
A. less credible
B. plausible
C. presumptive
D. effective. Answer: a
◉ When an agent is writing a purchase agreement, once he or she
has all the necessary paperwork from the seller's licensee (or the
seller for FSBOs), ensure that the buyers
A. can handle the house payment
B. have the earnest deposit
C. have obtained a warranty
D. have their financing in order. Answer: d
,◉ Sometimes you can call on an objective third party to convince the
buyers to make an offer. This technique is called what?
A. ask the right question
B. give the buyer a choice between two possibilities
C. use third party verification
D. use an inducement. Answer: c
◉ The actual consideration that binds the real estate sales contract
is the mutual exchange of promises by the
A. agent and buyer
B. lender and buyer
C. seller and buyer
D. agent and seller. Answer: c
◉ When preparing to write a purchase agreement, a seller's licensee
shows exceptional professionalism when he or she has copies of
what documents for all prospective buyers?
A. the disclosure statements and MLS sheets
B. the inspection report
, C. the pre-approval letter
D. the listing information sheet. Answer: a
◉ When buyers object to a price, ask the buyers
A. what's the highest they can go
B. if they are open to negotiations
C. what their future plans for renovating are
D. what they believe a fair price would be. Answer: d
◉ When preparing to write an offer, if the agent thinks the buyers'
price is so low as to be insulting he or she should encourage them to
A. start higher
B. not make an offer
C. look at other properties
D. make the offer anyways. Answer: a
◉ When preparing to write a purchase agreement, last minute
objections are good because
A. the fine details can be ironed out
EXAM COMPREHENSIVE REVIEW 2026
QUESTIONS AND DETAILED SOLUTIONS
◉ If an agent is showing buyers a FSBO and the owner will not pay
any commission, who pays the commission if the buyers want to
proceed?
A. the lender
B. the buyers
C. the exclusive agent
D. the broker. Answer: b
◉ A contract that purposes an illegal act is
A. valid
B. restrained
C. hindered
D. void. Answer: d
◉ If an agent is having difficulty reaching the listing licensee,
another option is to seek the assistance of
,A. the lender
B. the title company
C. the seller
D. the listing licensee's qualifying broker. Answer: d
◉ If a buyer is dragging his or her feet by not getting a pre-approval
or a loan estimate done, politely remind him or her that it makes the
offer
A. less credible
B. plausible
C. presumptive
D. effective. Answer: a
◉ When an agent is writing a purchase agreement, once he or she
has all the necessary paperwork from the seller's licensee (or the
seller for FSBOs), ensure that the buyers
A. can handle the house payment
B. have the earnest deposit
C. have obtained a warranty
D. have their financing in order. Answer: d
,◉ Sometimes you can call on an objective third party to convince the
buyers to make an offer. This technique is called what?
A. ask the right question
B. give the buyer a choice between two possibilities
C. use third party verification
D. use an inducement. Answer: c
◉ The actual consideration that binds the real estate sales contract
is the mutual exchange of promises by the
A. agent and buyer
B. lender and buyer
C. seller and buyer
D. agent and seller. Answer: c
◉ When preparing to write a purchase agreement, a seller's licensee
shows exceptional professionalism when he or she has copies of
what documents for all prospective buyers?
A. the disclosure statements and MLS sheets
B. the inspection report
, C. the pre-approval letter
D. the listing information sheet. Answer: a
◉ When buyers object to a price, ask the buyers
A. what's the highest they can go
B. if they are open to negotiations
C. what their future plans for renovating are
D. what they believe a fair price would be. Answer: d
◉ When preparing to write an offer, if the agent thinks the buyers'
price is so low as to be insulting he or she should encourage them to
A. start higher
B. not make an offer
C. look at other properties
D. make the offer anyways. Answer: a
◉ When preparing to write a purchase agreement, last minute
objections are good because
A. the fine details can be ironed out
