Question 1
Which fiduciary duty requires a real estate agent to place the client's interests above their own at all times?
Correct Answer:
Loyalty
Question 2
A listing agreement between a seller and a broker establishes which type of agency relationship?
Correct Answer:
Seller agency (listing agency)
Question 3
The fiduciary duty of 'accounting' in real estate requires an agent to:
Correct Answer:
Safeguard and report on all funds and property entrusted to them
Question 4
What must an agent disclose to a client under the fiduciary duty of disclosure?
Correct Answer:
All material facts and relevant information that could affect the client's decisions
Question 5
In a dual agency arrangement, the agent represents:
Correct Answer:
Both the buyer and the seller in the same transaction
Question 1
Exam overview

About this Exam

Prepare with the NAR REALTOR® Association Certified Executive (RCE) Certification Exam practice quiz. This question bank includes 30 questions covering client, agent, fiduciary, real, and estate. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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NAR REALTOR® Association Certified Executive (RCE) Certification Exam

This practice set contains 30 questions from the matching question bank and focuses on client, agent, fiduciary, real, and estate. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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