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PA REAL ESTATE SALESPERSON EXAM STATE PORTION 2026 ACTUAL QUESTIONS AND ANSWERS VERIFIED GRADED A+

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PA REAL ESTATE SALESPERSON EXAM STATE PORTION 2026 ACTUAL QUESTIONS AND ANSWERS VERIFIED GRADED A+

Instelling
PA REAL ESTATE
Vak
PA REAL ESTATE

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PA REAL ESTATE SALESPERSON EXAM
STATE PORTION 2026 ACTUAL QUESTIONS
AND ANSWERS VERIFIED GRADED A+

⩥ 2. In Pennsylvania, brokerage fees are: 1. set by law. 2. set by the
Pennsylvania Real Estate Commission. 3. determined by local groups of
brokers operating a multiple listing service. 4. negotiable between the
consumer and the broker employed by the consumer.
Answer: 2. 4. Brokerage fees are established solely as a result of a
negotiated agreement between the broker and the consumer. The broker
is required to disclose this to the consumer at the initial interview (608
(8)). Fees are not determined by law, the real estate commission, or local
brokers.


⩥ 3. Commissions earned by a broker in a real estate sales transaction:
1. are determined by agreement of the broker and the consumer. 2. may
be shared with an unlicensed person who is employed by the broker,
provided that such person aided the broker in bringing the buyer and
seller together. 3. may be deducted from the earnest money deposit and
claimed by the broker as soon as the buyer and seller execute the
purchase and sales agreement. 4. are based on a schedule of commission
rates set by the multiple listing service.
Answer: 3. 1. Brokerage fees are established by agreement between the
broker and the consumer to whom the broker provides service. The
broker may not share these fees with an unlicensed individual (604

,(a)(12.1)). The broker must maintain the earnest money deposit until the
transaction is consummated or terminated.


⩥ 4. Several weeks after a closing, an associate broker received a thank-
you letter and a nice bonus check from the seller of the house. The
associate broker cashed the check because he felt it was earned. In this
situation, which of the following is true?: 1. The associate broker may
accept the bonus because he is licensed as an associate broker. 2.
Accepting the money is allowed if more than 30 days have elapsed since
closing. 3. The associate broker may accept the money if his broker
permits him to do so. 4. Accepting the money is a violation of the
License and Registration Act.
Answer: 4. 4. License law prohibits a salesperson or associate broker
from accepting a commission or any valuable consideration for the
performance of any act specified in the law from any person except the
licensed real estate broker with whom he is affiliated (604 (a)(12)).


⩥ 5. What determines the amount of compensation to be paid to a
licensed real estate salesperson by the employing broker?:1. Negotiation
between the broker and property owner at the time property is listed for
sale. 2. The rules and regulations of the multiple listing service to which
the broker belongs 3. The code of ethics of the association or board of
REALTORS® 4. The contract between the employing broker and the
licensed real estate salesperson
Answer: 5. 4. The licensed salesperson and employing broker agree to
the terms of compensation to be paid by the broker to the salesperson.
Professional organizations, multiple listing services, and other parties,
such as sellers, do not dictate or control compensation arrangements.

,⩥ 6. A real estate company has entered into agency agreements with
both a seller and a buyer. The buyer is interested in making an offer on
the seller's property. Can this occur?: 1. No, because the real estate
company would then be a dual agent. 2. Yes, as long as written agency
agreements have been entered into with both parties. 3. Yes, if the seller
has agreed to pay the commission. 4. Yes, if both the buyer and seller
give their informed consent in writing after receiving full disclosure
regarding dual agency.
Answer: 6. 4. In Pennsylvania, dual agency is permitted if both parties
give their fully informed consent in writing 606.4(A).


⩥ 7. The listing agreement with a seller has expired, and the seller lists
with a different brokerage firm. The original listing salesperson now
represents a buyer interested in the seller's property. The original listing
agent: 1. is a dual agent and must get permission from both parties. 2.
cannot disclose to the buyer information about terms acceptable to the
seller that were received during the listing period. 3. cannot disclose to
the buyer information about the physical condition of the property. 4.
cannot represent the buyer.
Answer: 7. 2. The original agent may not disclose offers received during
the first listing. The fiduciary duty of confidentiality continues after the
termination of the agency relationship (606.1 (g)). The agent is not a
dual agent, since the original agent no longer has an agency relationship
with the seller.

, ⩥ 8. A buyer contacts a real estate office and indicates an interest in
purchasing a home in the area. In the absence of a buyer agency
relationship with the buyer, a salesperson from the real estate office
should do all of the following EXCEPT: 1. provide the buyer with
information on properties for sale in the area. 2. give the buyer
information on mortgage interest rates and terms. 3. discuss specific
information regarding the buyer's motivation and urgency. 4. explain to
the buyer about buyer agency, seller agency, and dual agency.
Answer: 8. 3. The agent should not gain information about motivation
and urgency, which is generally of a confidential nature and should not
be discussed outside of an agency relationship. The agent may provide
information on properties for sale in the area, discuss mortgage interest
rates and terms, and discuss various levels of representation available to
the buyer.


⩥ 9. In a dual agency situation, a broker may collect compensation from
both the seller and the buyer if: 1. the broker is licensed as a dual agent.
2. the buyer and the seller are related by blood or marriage. 3. both
parties give their informed consent in writing to the dual compensation.
4. both parties are represented by attorneys.
Answer: 9. 3. Written consent to act as a dual agent must include a
statement of the terms of compensation (606.4). Both parties must
consent to the dual compensation. Neither must be represented by
attorneys nor do they have to be related.


⩥ 10. A buyer is interested in seeing a house listed with XYZ Realty but
does not wish to enter into an agency relationship. A salesperson from
LMN Realty can show the buyer the house if: 1. XYZ Realty has

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