Exam (elaborations)
Champions Brokerage SAE Study Guide for Exam QUESTIONS AND ANSWERS RATED A+ 2024/2025
- Course
- Institution
Champions Brokerage SAE Study Guide for Exam QUESTIONS AND ANSWERS RATED A+ 2024/2025
[Show more]
Content preview
Champions Brokerage SAE Study Guidefor Exam
Purpose of Lean Management Principles - ANSHelps Brokerage to increase productiveness by
constantly comparing their shape and eliminatinf unneeded or wasteful purposes.
Fee - ANSDiscretion of Broker and no two dealers may want to get the same cut up. Broker
beneath no obligation to offer identical reimbursement to all agents
Independent Contractor Rules - ANSBe your very own boss
Have to store for own taxes
Freedom to work when you need
Make as an awful lot or as little cash you need - fee based paintings.
Terminating Sponsorship - ANSWhen sponsorship has ended-broker notifies TREC without
delay and sends license again. May notify TREC in writing also
Marketing strategies for goal markets - ANSGeographic Farming: an area of four hundred-600
houses;your community
Demographic Farming: A unique form of humans; First Time Buyers, Seniors,Military.
Variable charges - ANSexpenses that exchange from month to month; advertising and
marketing,signage,printing.
FACTA - Fair & Accurate Credit Transactions Act - ANSIdentity Theft of Credit Score/Reports
Lenders should provide credit rating used although mortgage became denied.
Suspect theft? Notify one of the organizations - Equifax,Experian,TransUnion
Employers ought to wreck all info obtained on file before discarding it.
Businesses need to depart off all but the last five of the credit card # on receipts.
Consumer gets one unfastened copy of credit score report a 12 months
Destruction of touchy documents - ANSBurn
Shred
Pulverize
, Erase files
Hire outdoor source to break personal records
What is the Policies and Procedures (Employee Handbook) - ANSManual that units barriers so
agent knows exactly a way to operate as well as answer questions that the agent may have.
What does the Policies and Procedures (Employee Handbook) do? - ANSProvides a clear
knowledge between agent and Broker
Provides Resolutions of controversies earlier than they arise
Forbid favoritism
Factors that affect supply - ANSLand charges
Construction
Taxation
Economics
Local Government building codes
Factors that have an effect on Demand - ANSGrowth in employment
Transportation structures
Personal Preference
Availability of credit score
Fed executive coverage
Categories of time - ANSIncome generating sports: listing,prospecting,promoting
Support sports: following via on transaction
Personal time: holidays,circle of relatives time,interests
What is the reason of the Risk management policies (Safety) - ANSPurpose so you and your
group observe the state and local laws.
Risk Management Policy(Safety) should have what inner? - ANSPolicy need to have:
Broker protection
Client protection
Cellphone use
Checklists for personnel
License duties
Designations - ANSABR Accedited client's consultant
ALHS - Accredited Luxury Home Specialist
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LegitPage. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81503 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now