Nevada Timeshare License Practice Exam

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What is the title of a person who induces others to attend a sales presentation on behalf of a developer?

Salesperson
Registered Representative
Timeshare Consultant
Real Estate Agent

The correct answer is: Registered Representative

The title of a person who induces others to attend a sales presentation on behalf of a developer is known as a Registered Representative. This role is specifically focused on marketing and promoting sales presentations for timeshare properties, and such individuals typically work under the auspices of a timeshare developer. A Registered Representative is distinct from other roles in the real estate and sales sectors. While a salesperson may close deals and a real estate agent may transactionalize properties, the Registered Representative's primary duty is to generate interest and bring potential customers to presentations. This is particularly important in the timeshare industry, where personal interactions and presentations are key to converting interested prospects into buyers. Timeshare Consultants usually offer advice and information regarding timeshare purchases, rather than focusing specifically on inducing attendance at presentations. Therefore, despite the overlap in sales responsibilities, the unique function of a Registered Representative focuses specifically on this aspect of the sales process.