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301 NC POST LICENSING PRACTICE EXAM 2026 QUESTION BANK COMPREHENSIVE REVIEW ANSWERS KEY GRADED A

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301 NC POST LICENSING PRACTICE EXAM 2026 QUESTION BANK COMPREHENSIVE REVIEW ANSWERS KEY GRADED A

Institution
301 NC POST LICENSING
Course
301 NC POST LICENSING

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301 NC POST LICENSING PRACTICE EXAM
2026 TRAINING MODULE EVALUATION
VERIFIED RESPONSES GRADED A+

⩥ Self Dealing.
Answer: Occurs when a broker has an undisclosed interest in a property


⩥ North Carolina's Unfair and Deceptive Trade Practices Act.
Answer: Prohibits unfair or deceptive practices in commerce. (I.e giving
misleading opinions or false inducements, failing to disclose material
facts, using misleading advertising, making misrepresentations.)


⩥ .When you use a comparative market analysis to calculate a suggested
listing price range for a particular property, which of the following
actions will you take?


A.Adjust prices from all properties listed or sold within a one-mile
radius of the subject property.
B.Calculate a price range based on data from expired listings and
pending sales.
C.Use adjusted prices from comparables and refine a range using active
listings, expired listings, and possibly pending listings.
D.Use adjusted prices from comparables and refine a range using active
listings, expired listings, and possibly pending listings..

,Answer: C. Use adjusted prices from comparables and refine a range
using active listings, expired listings, and possibly pending listings.


⩥ Trinity represents a buyer who is interested in one of Trinity's new
listings. Which of these statements about dual agency consent is correct?


A. Only the seller's consent must be in writing throughout the
transaction.
B. The buyer's verbal consent is adequate until an offer to the seller is
accepted.
C. Trinity must obtain written dual agency consent from both parties
before presenting an offer from the buyer to the seller.
D. Trinity must obtain written dual agency consent from both parties
before showing the house to this buyer..
Answer: C. Trinity must obtain written dual agency consent from both
parties before presenting an offer from the buyer to the seller.


⩥ Which one of the following is an example of a North Carolina seller's
agent carrying out the duty of loyalty?


A. Harry ensures his clients know about any potential issues that might
interfere with a smooth transaction, including any possible conflicts of
interest Harry might have.
B. Jared receives an offer from a buyer and makes some reasonable
inquiries into that buyer's financial readiness.

, C. Lindsay advises her client against reducing the sale price on the
listing, but then processes the discount as her client requested.
D. Sandra refuses to share information about her client's motivation to
sell with the buyer's agent, even when asked..
Answer: C. Lindsay advises her client against reducing the sale price on
the listing, but then processes the discount as her client requested.


⩥ Which one of the following statements is NOT an example of a North
Carolina buyer agent carrying out the duty of obedience?


A. Brian doesn't think that his buyer client should submit an offer that
high, but after advising him, he submits the offer that his client wants.
B. Carl's client Gerard wants to buy a house and be settled quickly, so
Carl seeks out listings that include the terms "motivated seller."
C. Theo lines up a showing of a home that has all the items on his
buyer's wish list, even though the commission split is far less than he
normally sees.
D. Trevor schedules an open house for his seller clients for the following
Saturday over his clients' protests, because he knows that Saturday open
houses are well-attended..
Answer: D. Trevor schedules an open house for his seller clients for the
following Saturday over his clients' protests, because he knows that
Saturday open houses are well-attended.

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301 NC POST LICENSING

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