CLP CLP Technology & Digital Tools 1 — Questions and Answers
Question 1: Which MLS rule requires listing agents to submit a new listing to the MLS within a specified number of days after signing the listing agreement?
- Clear Cooperation Policy (Correct answer)
- Exclusive Agency Rule
- Dual Agency Disclosure
- Broker Reciprocity Rule
Correct answer: Clear Cooperation Policy
The NAR Clear Cooperation Policy requires MLS participants to submit listings to the MLS within one business day of marketing them to the public.
Question 2: A listing agent uses an electronic signature platform to obtain seller signatures. Under U.S. law, which act gives these e-signatures legal validity?
- RESPA
- ECOA
- E-SIGN Act (Correct answer)
- TILA
Correct answer: E-SIGN Act
The Electronic Signatures in Global and National Commerce (E-SIGN) Act of 2000 grants electronic signatures the same legal status as handwritten signatures.
Question 3: When uploading listing photos to the MLS, which image specification is most commonly required for the primary listing photo?
- Minimum 640×480 pixels
- Minimum 1024×768 pixels (Correct answer)
- Maximum 4K resolution
- Exactly 300×300 pixels
Correct answer: Minimum 1024×768 pixels
Most MLS systems require primary listing photos to be at least 1024×768 pixels to ensure quality display across portals.
Question 4: A CRM tool helps a listing agent best accomplish which core function?
- Automating property appraisals
- Tracking and nurturing seller leads over time (Correct answer)
- Filing state license renewal applications
- Calculating commission split percentages
Correct answer: Tracking and nurturing seller leads over time
CRM (Customer Relationship Management) software helps agents organize contacts, set follow-up reminders, and track all seller lead interactions.
Question 5: Which technology allows prospective buyers to tour a listing remotely using a 360-degree immersive experience?
- Drone footage
- Virtual staging software
- 3D virtual tour (e.g., Matterport) (Correct answer)
- HDR photography
Correct answer: 3D virtual tour (e.g., Matterport)
Platforms like Matterport create interactive 3D virtual tours that let buyers navigate a property remotely using a 360-degree immersive walkthrough.
Question 6: When syndicating a listing to third-party portals like Zillow and Realtor.com, what is the primary risk a listing agent should monitor?
- Over-exposure to too many buyers
- Inaccurate or outdated listing data appearing on portals (Correct answer)
- Exceeding the MLS photo limit
- Triggering dual agency disclosures
Correct answer: Inaccurate or outdated listing data appearing on portals
Listing data can become inaccurate on syndicated portals due to delays or errors in data feeds, which can mislead buyers and reflect poorly on the agent.
Which MLS rule requires listing agents to submit a new listing to the MLS within a specified number of days after signing the listing agreement?