Questions That Should Have Been On The Real Estate Exam Part 2

1) If you have an exclusive listing on the property, and the seller calls you at 10PM to complain about the property description. You should: 

A) Pick up the phone and calm them down.

B) Let it go to voicemail, you are "asleep" and will call them in the morning.

C) Ignore it and email them in the morning.

D) Go insane on the seller and explain that adding an extra comma isn't going to sell their home.

 

2) As the listing agent, when nobody comes to the open house, you should:

A) Hold it open again and again and expect a different result without changing up any of the marketing.

B) Blame it on the weather.

C) Call your seller and tell them "that a few groups came by, but nobody seemed interested."

D) Leave thirty minutes early and pray your seller doesn't come back before it's over.

 

3) An agent obtains an oral listing contract from a seller, without any written contract. The agent should:

A) Obtain a written contract before the seller completely backstabs you and goes with a different agency.

B) Count his/her commission on that home immediately.

C) Tell everyone in the office about their upcoming listing.

D) All of the above

 

4) When driving passed an In-N-Out Burger on the way to your showing, one should:

A) Stop and get a double double with animal fries no matter what.

B) Drive past and go to the showing on time.

C) Stop and gage the drive-thru line.

D) Go after your showing.

 

5) When inspections are scheduled for all day Saturday, an agent should:

A) Reschedule them.

B) Suck it up and go, but bring a phone charger.

C) Send their assistant.

D) Either A or C.

 

6) When studying for the real estate salesperson exam, one should:

A) Expect the test to look nothing like the practice test.

B) Study nothing but the math problems.

C) Google every answer and then take the Crash Course without learning the actual material.

D) Take practice tests and memorize the answers without learning a thing.

 

7) Broker Bob has a listing on Seller Steve’s house. Seller Steve asks Broker Bob to turn off all the lights and lock the doors when he is done with the open house. Broker Bob has sat the open 10 weeks in a row and has never forgotten to do this. But, Seller Steve insists on saying it every single time anyway. Broker Bob should: 

A) Act like it is the first time he has said it and reply with: "of course."

B) Leave all of the lights on to prove a point.

C) Punch Seller Steve in the face for patronizing him every single time he comes to the house.

D) Smile and act like it doesn't kill him inside.

 

8) When getting an Instagram follow request from another agent in your office, one should:

A) Accept it.

B) Ignore it.

C) Create another account just for your real estate business and then request them to avoid them seeing your pics.

D) Not sure, but somebody should do a post on this..

Real Estate Porn

What REALLY Turns Real Estate Agents On:

When you actually have a free weekend with no showings, no opens, and no inspections.

 

When you find a water bottle in the fridge at your open when you are deathly hungover.

When you get this text from your buyer and they are so excited that they can't even spell correctly: 

When a hot girl comes into your open house without her husband and no kid.

When the TV at your open is already on with Football on the screen.

 

When you schedule all of your showings successfully within a close proximity of each other.

Finding out you and a potential buyer went to the same college and you "connect" over it.

When you crush a listing appointment and they play your song on the radio.

When a listing across the street goes up and you hold opens during their opens and to get their traffic.

The Best Real Estate Scenes in Film History

1) I Love You, Man: Crop Dusting Around the Open

Peter Klaven is LA's "biggest" realtor.

2) Step Brothers: Selling the House

Take notes if you want to prevent your rival agent from selling their listing.

3) Up: The sickest mobile house ever.

If you did not cry during this movie you have no soul.

4) American Beauty: I will sell this house today.

Everyone needs a little pep talk in the mirror once in a while.

5) Bruno: Deleted Scene

I can see why they deleted this...

6) Curb Your Enthusiasm: Larry prevents an office tenant from moving in to keep control of the AC.

This is an extreme, yet effective approach.

7) The Money Pit: The Stairs Are Out

Their agent did not disclose anything.

8) The Best Man: The Realtor

I am guessing most of you have not seen this movie. However, Seth Green does a fantastic job at making a closet seem like a third bedroom.

9) Funny Farm: Selling Your Country House

The most successful FSBO ever. If only real estate transactions were this easy.

10) Modern Family: Phil Dunphy explains, "Always Be Closing."

He is a true salesman.

11) Always Be Closing: Glengarry Glen Ross

The REAL ABC

12) American Beauty: Getting Nailed by the Real Estate King

The Hogwarts of Real Estate

Hufflepuff Agents

Hufflepuff agents are super nice and easy going. You do not want to be a Hufflepuff agent, but you definitely want to do deals with them. They are easy to negotiate with and easy to push around because they fear human confrontation. They will do anything for their client and almost anything for you. If you need them to cover an inspection, they will be there. If you need them to send over some paperwork, they will do it without hesitation. They may have a certain demeanor of entitlement because they are not assholes and are always doing positive things for their friends and family. Hufflepuffs are also wizards with paperwork because they are too nice to ask other people to do it for them. They are probably involved with multiple non-profit organization and regularly attend a Church or Synagogue. Hufflepuffs were in those mediocre/religious affiliated fraternities in college that girls would feel "safe" around.  Some of them drink a little, but never to excess. Staying away from alcohol and drugs gives some gifted Hufflepuffs the ability to become stellar agents. Constantly improving their bodies and consistently abiding by the Ten Commandments give the Hufflepuffs a major edge in their client follow-up and organization. 

Ravenclaw Agents

If you are reading this you are probably not a Ravenclaw agent because they are off doing weird shit and not reading comedy blogs. So, assuming you are not a Ravenclaw, you probably do not regularly communicate with the Ravenclaw agents in your office. They are under-the-radar. They most likely specialize in a particular area of real estate or focus on a very specific region. They are obsessed with their assistants and they keep to themselves. They are either extremely successful or broke as hell because nobody wants to work with them. Maybe they even work for Redfin, who knows.

Slytherin Agents

These agents DGAF. They are assholes and they know it. They are powerful and they hate you. They can be super sleazy. They will bang their best friend’s girlfriend and maybe even their girlfriend’s mom. They are either extremely successful or menaces to the industry. Their parents were Slytherins and also have a shit ton of money that contributes to their child's success. They might act like they like you, but they do not give a shit about you. They are in SAE at every university. They command respect, but nobody actually really wants to be around them because they are scared. They will do anything for a commission and they will probably get it.

Gryffindor Agents

Everyone wants to work with the Gryffindor agent. The are most likely attractive and have an endless network of rich friends and family. They are experienced, trustworthy, and will always tell it to you straight. They are willing to sacrifice a commission for their reputation and the good of their client. They do everything right to the point where it is almost annoying. You envy them. You want to be a Gryffindor agent.