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TX SAE Real Estate Brokerage Question and answers correctly solved

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TX SAE Real Estate Brokerage Question and answers correctly solved Determine which scenario correctly depicts a Texas brokerage team. - correct answer Shannon, Caleb, and Jonah work together to provide brokerage services. Imagine that you're an active real estate licensee as well as an archite...

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  • July 20, 2024
  • 58
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • tx sae real estate brokerage
  • tx sae real estate brokerage question and answers

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TX SAE Real Estate Brokerage
TX SAE Real Estate Brokerage
2024/2025 Determine which scenario correctly depicts a Texas brokerage team. - correct answer ✔Shannon, Caleb, and Jonah work together to provide brokerage services.
Imagine that you're an active real estate licensee as well as an architect, and you'd like to partner with a builder who's just beginning a development. Which of these creates agency coupled with interest? - correct answer ✔You agree to design the houses for this builder in return for getting the listings when the properties are finished.
Equal pay for equal work is a federal law that is ______. - correct answer ✔Enforced by the Equal Employment Opportunity Commission
When dealing with a personnel problem, which of these is the second step in a problem-solving process after identifying the problem? - correct answer ✔Analyze the problem
Which of the following is true of refusing to buy services from a vendor because of shoddy business practices or pricing? - correct answer ✔It's permissible.
How can a financial expert help you with your finances? - correct answer ✔By guiding you in preparing your budget and analyzing your finances
Shayla periodically reviews her brokerage's long-range business plan. What benefits to the brokerage can she expect to see in the future? - correct answer ✔She can update the brokerage processes or projections in a timely manner. What would be considered a business opportunity according to a SWOT analysis? - correct answer ✔An external factor that could be exploited for business gain
Broker-owner Mei is evaluating three companies to acquire as a strategic move to expand her brokerage. In addition to asking questions to determine each company's value, market presence, and motivation to be acquired, what else should Mei explore? - correct answer ✔Cultural fit
What does the Federal Trade Commission consider to be an unfair ad? - correct answer ✔Any ad or business practice that causes or is likely to cause
injury
You manage a brokerage. To comply with OSHA, you must ______. - correct answer ✔Provide safety training in a language workers understand
Which one of the following may a broker use to delegate a team leader as a supervisor? - correct answer ✔Relationship Management Tool
Marissa wants to be sure her listings are available to buyers' brokers, so she puts the alarm code in the MLS listing, but only in the remarks that can be read by other licensees. Do you see an issue with this? - correct answer ✔Yes, because the printed copy of the agent-only remarks could fall into the wrong hands.
When should a marketing plan be developed for your brokerage? - correct answer ✔After determining the overall direction of the firm
Floor duty is a good source of leads, but because there's often downtime, what should you plan to do? - correct answer ✔Bring other work A growing number of real estate licensees are using a certain method to promote their businesses. What's the method? - correct answer ✔Their own professional websites
What's the difference between your brokerage's brand identity and its image? - correct answer ✔Your brand identity is how you visually express what your firm is; your image is how the marketplace perceives you.
What entity enforces the Canons of Professional Ethics and Conduct in Texas? - correct answer ✔The Texas Real Estate Commission
Which of the following is a good example of implementing safety and security measures for visitors of a brokerage office? - correct answer ✔Organize and run disaster emergency drills with the office staff.
When a sales associate is interested in possibly pursuing a switch to a managerial role, the broker can use ______ to help the associate decide if it will be a good fit. - correct answer ✔Cross-training
Which is the best definition for geographical incompetency pertaining to real estate? - correct answer ✔Lacking real estate expertise in a geographical area
The average commission you earn from each transaction is $6,000, and 20% of your leads turn into clients. Using the funnel, what else do you need to know to calculate how many leads you will need if you want to earn $50,000 in
a year? - correct answer ✔The percentage of clients who turn into closed transactions
On a scale of 1 to 3, with 3 being high, TLC Realty has assigned a level 3 to likelihood of occurrence and a level 3 to severity of impact for a specific risk.

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