GES AD1 Promotion Exam case studies
GES AD1 Promotion Exam · Put your knowledge to work in context.
The GES AD1 Promotion Exam is a multiple-choice assessment used to evaluate whether a candidate is ready to move into the AD1 level within the Global Entry System brokerage structure. It is aimed at practising agents and brokers who already handle transactions and now need to demonstrate broader command of brokerage practice, law, valuation, marketing, finance, ethics and office supervision. The exam is weighted toward real estate brokerage and transaction practice (25%) and law, contracts and consumer protection (20%), with valuation and market analysis, listing and client representation at 15% each, finance and tax at 10%, ethics and compliance at 10%, and office management and supervision at 5%. Because the paper is scenario-driven, memorising definitions is not enough: expect to apply rules to messy fact patterns, spot the compliance failure in a described transaction, and choose the most defensible course of action. The GES AD1 Promotion Exam case studies are 5 cases and about 4,110 words.
1The Seller's Bottom Line and the Spouse-Agent
Broker Park owns Park & Associates, a nine-agent brokerage. He has an exclusive 60-day listing at 4% total commission on Min's three-bedroom condominium, listed at 780,000,000 KRW.
731 words, about 4 min2Pricing an 84.9 m² Apartment With Three Adjusted Comparables
You are preparing a listing presentation for Ms. Choi, owner of a 24-year-old, 84.9 m² apartment in Sinseol-dong.
846 words, about 4 min3Cash Offer Versus Seller Financing and the Prepayment Penalty
Jung owns a four-unit residential building that he bought eight years ago for 900,000,000 KRW. After depreciation, his adjusted basis is 640,000,000 KRW, including 260,000,000 KRW of depreciation taken.
846 words, about 4 min4The Team Assistant, the Ads, and the Escrow Transfer
Bright Key Realty has 14 licensees, three teams, and one broker/owner, Han. Team leader Cho pays Ms.
835 words, about 4 min5Day 10 Inspection Notice and the As-Is Disclosure
Buyer Rivera signed a purchase agreement for a 1970s single-family home at 545,000 USD. Earnest money is 15,000 USD, held by the listing brokerage.
852 words, about 4 min