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TEXAS REAL ESTATE BROKERAGE SAE LICENSE EXAM ACTUAL EXAM 120 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES

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TEXAS REAL ESTATE BROKERAGE SAE LICENSE EXAM ACTUAL EXAM 120 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES

Institution
TEXAS REAL ESTATE BROKERAGE SAE LICENSE
Course
TEXAS REAL ESTATE BROKERAGE SAE LICENSE

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TEXAS REAL ESTATE BROKERAGE SAE LICENSE
EXAM 2024-2025 ACTUAL EXAM 120 QUESTIONS
AND CORRECT DETAILED ANSWERS WITH
RATIONALES

Terms in this set (113)

The strengths, weaknesses, What is a SWOT analysis useful for determining?
opportunities, and threats
facing a business

Who has the best information about your firm's
You and your staff operations to assist in writing your disaster recovery
plan?

Which of the following is one of the key decisions a
The number of licensees to
brokerage makes when deciding how to staff the sales
use
force?

This is a valid reason to Broker Craig fires salesperson Enrique for violating a
terminate the licensee's provision of the license law. Which of the following is
affiliation with the broker. true of this situation?

Due to circumstances In which of the following scenarios is impossibility of
beyond their control, the contract performance occurring?
parties can't legally or
practically do what they've
agreed to do.

Which of the following demographic data points would a
Employment Level brokerage be most interested in when evaluating a
market?

When discussing a merger, what would corporate
Management Style
cultural fit relate to?

,Line (Judy has line authority As manager of the sales team, Judy has direct
because she's directly responsibility for reaching the company's financial goals.
responsible for achieving What type of authority does Judy have?
the company's financial
goals.)

Is she interested in Harriet is a hard worker. Of all of the unlicensed staff,
promotion? she receives the most consistently positive evaluations
Before spending time to from her boss. She's the face of the firm, greeting walk-in
evaluate Harriet's skills and telephone clients with a friendly, efficient manner.
related to promotion, She knows exactly where to find anything and any
managers should find out if information she and her colleagues need. What's the first
Harriet is even interested in question managers should ask when determining if
being promoted. Harriet is suitable for promotion?

Indirect What impact do marketing efforts have on sales?


Marketing is a strategic
process that impacts all
departments in a firm. Its
impact on sales is critical,
but indirect

Culture of retention A(n) ______ is certain to save a brokerage money

Require identification from Which of the following is a good example of proper
customers and clients safety and security measures for employees at a
before real estate brokerage office?
professionals go into the
field with them.

, Tactical planning Which of the following business planning activities
breaks the long-range plan down into smaller tasks and
Tactical planning is the most identifies which segment(s) of the company are
granular level of planning. responsible for doing what?
Once the long-range plan
has been broken down into
smaller tasks, the
management and staff are
responsible for carrying out
the tactics.

Broker Donna plans to hire three licensees to begin
As more staff is hired, she
growing her business from a one-agent to a four-agent
will spend more time
firm. What tip would you offer Donna regarding the
managing sales staff.
impact of growth on her as the broker-owner?

Values Leaders communicate and live by their ______.

The licensees don't do any Which of the following statements is true regarding
active selling. licensees who work at a limited function referral
organization?
The licensees at an LFRO
gather referrals and feed
them to a full-service
brokerage but don't do any
active selling.

Rust Brokerage is run as a lean machine and requires its
employees to be both productive and cost-efficient. It
Performance pays employees on a scale that relates their worth to
how much their work has contributed to overall revenue.
This reflects a(n) ______ compensation philosophy.

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Institution
TEXAS REAL ESTATE BROKERAGE SAE LICENSE
Course
TEXAS REAL ESTATE BROKERAGE SAE LICENSE

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Uploaded on
August 30, 2024
Number of pages
18
Written in
2024/2025
Type
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Contains
Questions & answers

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