WY Real Estate case studies
WY Real Estate · Put your knowledge to work in context.
The Wyoming Real Estate License Examination is the licensing test used in Wyoming for people who want to work as real estate salespersons or brokers under the supervision of the state's regulatory framework. It is intended for candidates who have completed the state's pre-licensing education requirements and are ready to demonstrate competence before applying for a license through the Wyoming Real Estate Commission. The WY Real Estate case studies are 5 cases and about 2,193 words.
1Earnest Money, a Photographer, and an Unlicensed Assistant
Delia is the qualifying broker at Summit Realty in Casper. On Monday her salesperson, Rick, takes a 10,000 earnest-money check for a 320,000 house.
535 words, about 3 min2Intermediary Consent and a Buyer's Confidential Bottom Line
Marta is a licensee with Wind River Realty in Powell. She is the designated agent for buyer Owen.
460 words, about 2 min3Counteroffer, Inspection Deadline, and a Late Higher Offer
Seller Pat lists a Laramie duplex at 415,000. Buyer Quinn submits a written offer of 400,000, 5,000 earnest money, a 30-day financing contingency, a 10-day inspection contingency, and closing in 45 days.
349 words, about 2 min4A Locked Gate, a Fence Off the Deed Line, and a 35-Acre Minimum
Rancher Ben owns a 40-acre parcel in Big Horn County. For 12 years he has crossed his neighbor's land on a dirt road to haul hay, and the neighbor never gave permission but never objected until last month, when he locked a gate.
449 words, about 2 min5A Guaranteed Appraisal, an Unregistered Team, and Deleted Files
Broker Hollis in Cheyenne is competing for a listing. His licensee, Jana, prepares a CMA showing a suggested list price of 465,000 and tells the seller, 'I guarantee it will appraise for 465,000.' The seller signs.
400 words, about 2 min