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Real Estate Brokers

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Home > Teaching Business English > Business English Lessons, Advanced Level # 110

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Real estate agents and brokers act as intermediaries in price negotiations between buyers and sellers.

Correct answer: (a) intermediaries

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When selling real estate, brokers arrange for title searches and for meetings between buyers and sellers during which the details of the transactions are agreed upon and the new owners take possession of the property.

Correct answer: (d) possession

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Brokers spend a significant amount of time obtaining listings-agreements by owners to place properties for sale with the firm.

Correct answer: (b) listings

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A broker may help to arrange favorable financing from a lender for the prospective buyer; often, this makes the difference between success and failure in closing a sale.

Correct answer: (a) closing

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In the prequalifying phase, the agent determines how much the buyers can afford to spend.

Correct answer: (a) afford

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In addition, the agent and the buyer usually sign a loyalty contract which states that the agent will be the only one to show houses to buyers.

Correct answer: (c) a loyalty

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Agents identify and emphasize the most pertinent selling points.

Correct answer: (d) pertinent

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To a young family looking for a house, they may emphasize the convenient floor plan, the area's low crime rate, and the proximity to schools and shopping centers.

Correct answer: (c) proximity

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If bargaining over price becomes necessary, agents must follow their client's instructions carefully and may have to present counteroffers in order to get the best possible price.

Correct answer: (c) counteroffers

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Once both parties have signed the contract, the real estate broker or agent must make sure that all special terms of the contract are met before the closing date.

Correct answer: (c) met

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Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys). Get your unique Business English Practice Exercises now!

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