Answer:
You should expect the following when you sign an exclusive contract with a real estate agent as a buyer:
- the agent has to locate and identify potential properties that might interest you, and advice you about a fair market price
- the agent is responsible for reviewing the paperwork
- the agent is also responsible for preparing purchase offers, and other related services
You should expect the following when you sign an exclusive contract with a real estate agent as a seller:
- the agent has to locate and identify potential buyers that might be interested in your property, and try to obtain the best possible price.
- the agent is responsible for reviewing the paperwork
- the agent is also responsible for negotiating purchase offers
Answer:
c) The seller's share of $2,525.76
Explanation:
The computation is shown below:
= Due amount × given number of days ÷ total number of days in a year
where,
Due amount is $3,200
Given number of days is calculated from Jan 1 to October 15 i.e
= 31 days in January + 28 days in February + 31 days in March + 30 days in April + 31 days in May + 30 days in June + 31 days in July + 31 days in August + 30 days in September + 15 days in October
= 288 days
So, the amount is
= $3,200 × 288 days ÷ 365 days
= 2,524.93
i.e 2,525.76
The best answer for this question would be:
That the licenses revert to involuntary inactive status
<span>Because brokers can work alone, and have the option of hiring agents to work for them. But since, a sales associate has achieved their rights have license as a broker, they have chosen to work under a broker company. The result of the confiscated license is that it would be temporarily inactive.</span>
Explanation:
The recovery is included in gross income in the year received if a taxpayer obtains a deduction for an item in one year and in a later year recovers all or a portion of the prior deduction.
Therefore, the $ 111 tax benefit rule provides that no income is recognized upon the recovery of deduction, the recovery would be partially or totally excluded from gross income in the year of recovery.
The standard deduction in 2016 was $ 12,600, the 4,000$ of state income taxes the taxpayers paid in 2016 yielded a tax benefit of only $1,100($ 13,700-$ 12,600) in 2016 . Under tax benefit rule, only $ 1,100 of the state income tax refund is included in gross income in 2017 .
Depending on your use of marketing and sales as complementary or subordinate functions, you can create a management structure that ensures no important duties fall through the cracks.