{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 096 - Real Estate Exam Questions: Listing Contracts","description":" Episode 096 - Real Estate Exam Questions: Listing Contracts Going through state exam questions to help real estate students pass their state exam. &amp;nbsp;  01:55 \u2013 November: My favorite holiday is Thanksgiving because of the food. Giving thanks to my family, friends, and all the listeners for your loyalty and support.  04:10 \u2013 List of recent grads: Sandra, Laura, Bess, Shannon, Bella, Sonita, Paige, Megan, Chasity, Matt, Amy, Saul, Jacob, Stuart, Ronda, Zach, Timothy, Avo, Kali, Jessica, John, Jeff, Kelly, Leslie, Kay, Marissa, Andrea, Sarah, Stephanie, Keesha, Madison, Tiffany, Emilie, Tatyana, Tarri, Renea, Natalia, and Mindy.  05:30 \u2013 Message from Sandra.  07:30 \u2013 Episode Focus: Listing contracts  08:10 \u2013 Three types of listing contracts (listing agreements) are exclusive right to sell, exclusive agency, and open listing.  14:50 \u2013 Net listing  18:55 \u2013 All listings are required to have an expiration date. Listings can be extended or renewed.  20:30 \u2013 Listing contracts are between the broker and the seller, not the agent.  22:40 \u2013 Net to seller math: put your focus on the seller\u2019s perspective.  24:10 \u2013 Put all the costs on one side of the equation.  25:00 \u2013 Sales price x (100% - Total Commission Rate) \u2013 Closing and other costs to seller = Net to seller   29:00 \u2013  If a seller needs to net $50,000 after the sale, how much must the real estate sell for if the selling costs include a 7% commission and $1,200 in other expenses? Answer: $50,000 + $1,200 = $51,200 \/ 0.93 = $55,054  31:00 \u2013 Test questions about listing contracts, listing agreements, and net to seller calculations. Don\u2019t forget to work your math questions backwards by using the answers to work the question.  49:55 \u2013 December\u2019s episode will be about contracts including contract formation, offer, counteroffer, acceptance, valid, void, and voidable, and more.  Go to www.ahareep.com and sign up for the program for only $35, use discount code: legend15 to save 15% off.  Go to www.indianarealestateinstitute.com for Indiana real estate classes. &amp;nbsp; A-Ha LINKS &amp;nbsp; Email info@ahareep.com  &amp;nbsp; Web www.ahareep.com &amp;nbsp; Facebook https:\/\/www.facebook.com\/AHA.REEP &amp;nbsp; YouTube   https:\/\/www.youtube.com\/channel\/UCrxAjI5Li4Ll3Epwcyc0i6A ","author_name":"A-Ha! Real Estate Exam Prep Podcast","author_url":"https:\/\/www.ahareep.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/27063639\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/962c19\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/27063639"}