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The Brokerage Business

Horizontales
A broker has greater control over the actions of a/an __.
A non-profit corporation is a corporate entity which is not legally entitled to generate __.
A sales agent does not directly represent the client in a transaction but is rather the agent of the __.
__ is the act of misappropriating escrow funds for the broker's business or personal use.
The largest trade organization for the real estate brokerage industry is the __ Association of Realtors.
A/An __ proprietorship is a business owned by a single individual.
The term __ is a protected trade name of NAR.
A business __ is a group of investors who invest in a pooled trust fund managed by their elected trustee.
A/An __ is a legal entity owned by stockholders.
The time period between contracting and closing is referred to as the __ period.
Most sales agents are __ contractors.
A/An __ listing service is an organization of brokers who have agreed to cooperate with member brokers in marketing listings.
One of the requirements for a salesperson license is an applicant must be of __ age.
A/An __ performing regular legal duties for a principal does not require a real estate license.
A real estate __ is a form of investment in which two or more investors contribute capital to a pool for the purpose of acquiring, managing, and selling an investment property for a profit.
__ is the illegal practice of two or more businesses joining forces or making joint decisions which have the effect of putting another business at a competitive disadvantage.
Verticales
A/An __ partnership is a for-profit business consisting of two or more co-owners who have agreed to share business profits.
Franchisors generally offer local franchisees the use of a recognized __ name.
A seller client hires a broker by executing a/an __ agreement.
__ media is a form of advertising and is subject to real estate commission advertising regulations.
A/An __ venture is a partnership formed to complete a specific business endeavor, such as a real estate development.
State license laws require that __ money deposits be placed in an account which is separate from the broker's operating accounts.
__ is the act of mixing the broker's personal or business funds with escrow funds.
A broker's compensation for effecting a transaction is usually a/an __ percentage of the purchase price.
__ is any activity designed to generate listing prospects.
A brokerage that is not affiliated with a franchise is a/an __ agency.
A/AN __ manual sets forth company rules, regulations, and policies.
Brokerage companies, like other businesses, are subject to anti-trust laws designed to prevent __ and unfair trade practices.
Price __ is the practice of two or more brokers agreeing to charge certain commission rates or fees for their services, regardless of market conditions or competitors.
To obtain a broker's license, an applicant must complete required __.