Dana w/ KW Tri Cities called to cancel her listing @ 1234 Apple Ln. She stated the home was taken off the market. What note would you enter in the system? A) Listing Extension B) Cancellation C) Contract Info D) Reimbursement Request
B) Cancellation
_____________ are rent-to-own contracts between a lessee and a lease holder.
Lease Purchase Agreements
On which tab do you select the Realtor Owned button to generate the "RO" plans? A) Product Tab B) Agent & Office Tab C) Select a Plan Tab D) Customer Details Tab
C) Select a Plan Tab
_______ sellers do not qualify for listing/seller's coverage but can purchase a buyer only policy to begin the date of closing.
FSBO
What is the maximum amount of time a seller can receive coverage?
12 months (18 months on old plans)
True of False - Farmers agents can provide their personal payment method to cover the contract premium.
False
In which tab do you click to update listing coverage dates?
Dates
What does COE stand for?
Close of Escrow
True of False - Customers can make as many product switches as they'd like provided they are within the 60 day window.
False. Customers can only make one product per contract term.
Realtors receive a discount of $_______ off the brochure price for the first year.
$50
Buyers have two options for coverage when in an Early Occupancy agreement. What are they?
1) Seller's covg until COE 2) Buyer's covg to start on date of Early Occupancy w/ payment and copy of agreement
Based on the information provided, are you able to extend coverage for this seller - Seller 3 has received 2 service requests totaling $550
No
___________ is when a buyer is allowed to take possession of the home prior to close.
Early Occupancy Agreement
In which tab do you document notes in a contract?
Overview
How long is listing coverage initially set up for?
6 months
In which program/system do you view YTD claim totals?
CSC
Using the image please describe where you would click to cancel this listing.
Three ellipsis (three dots) in upper, right-hand corner
True of False - Early Occupancy Agreements require a special note in Sales Central.
True
In which tab would you click to add a contact to a contract? A) Overview B) Vendor C) Holders D) Notes & History
C) Holders
In which tab will you input the Farmers Agent's ID? A) Intro Tab B) Agent & Office Tab C) Finalize Order Tab D) Property Details Tab
D) Property Details Tab