Exam (elaborations)

Champions Powerhouse Training SAE (2024/2025) Exam Questions with 100% Correct Answers || Already Graded A+ <UPDATED VERSION>

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Champions Real Estate SAE

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Champions Real Estate SAE

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Uploaded on October 8, 2024
Number of pages 26
Written in 2024/2025
Type Exam (elaborations)
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champions powerhouse training sae
exam questions with 100 correct answers

Institution Champions Real Estate SAE
Course Champions Real Estate SAE

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Champions Powerhouse Training
SAE (2024/2025) Exam Questions
with 100% Correct Answers ||
Already Graded A+ <UPDATED
VERSION>

Market to your area for a minimum of six months with at least ______ different
marketing strategies
going at the same time. - ANSWER ✔ 3

A number of marketing experts recommend that a workable farm should contain
between
________________ homes. - ANSWER ✔ 400 and 500

Why is search engine optimization (SEO) important? - ANSWER ✔ Because
without it, your website might end
up buried on page 12 or 13 of a Google search, and everyone knows that the
majority of web-surfers
do not click past page 2 or 3 of the results. SEO employs strategies that promote
your site up in
the ranks of a search results page, making you more visible to prospective clients

MLS stands for - ANSWER ✔ Multiple Listings Services

is an office concept that is catching on in
some brokerages, limiting the amount of office space
needed for agents - ANSWER ✔ Hoteling

The word blog is a combination of which two words? - ANSWER ✔ web and log

,are the largest demographic of customers to sell to due to their sheer volume of
numbers - ANSWER ✔ Millennials

The purpose of compiling a market analysis for a seller is to assist the seller in
__________
their property competitively. - ANSWER ✔ pricing

Preparing a home for showing can be done professionally or by the sellers. It is
often called
___________. - ANSWER ✔ home staging

THE 4CS OF SOCIAL MEDIA MARKETING - ANSWER ✔ • Creating
• Curating
• Connecting
• Culture

created when there is more money
in the market and less goods for sale - ANSWER ✔ Demand-pull inflation

occurs when the costs of production and
offering services increase, thereby causing manufacturers and
tradespeople/vendors to raise their
prices accordingly. The costs are then passed on to the consumer - ANSWER ✔
cost-push inflation

More available affordable housing creates what is known as a _________ market.
- ANSWER ✔ buyer's

Rather than being employees of their broker, most license holders work as
_____________. - ANSWER ✔ independent contractors

The commission is the most common form of ______________. - ANSWER ✔
agent compensation

An independent contractor will have earnings reported to the IRS on a form called
a
_________. - ANSWER ✔ 1099-MISC

, The way a commission is divided between cooperating brokers is called the
____________. - ANSWER ✔ commission split

IRS guidelines state that sales agents that are independent contractors: - ANSWER
✔ are required to pay their own business fees

Which of the following statements is INCORRECT?
a. Brokers may offer discounted commission rates to clients.
b. Brokers may charge clients a flat fee for services.
c. Flat fee charging is illegal in most states.
d. Real estate commissions are always negotiable - ANSWER ✔ c

Who determines commission fees and splits? - ANSWER ✔ The broker of record

TREC requires any broker with an exclusive agency agreement to provide the
client with
_____________. - ANSWER ✔ minimum levels of service

Time in the office providing an agent the opportunity to work with any walk-in or
call-in
prospects is commonly called _________. - ANSWER ✔ floor time

In direct approach to marketing is considered - ANSWER ✔ inpersonal

personality type that gives back to community - ANSWER ✔ whale

personality type that likes to have fun, they like to talk - ANSWER ✔ dolphin

interested in data, engineers - ANSWER ✔ urchins

personality type that is competitve, out for blood, big idea people, big picture
people - ANSWER ✔ shark

values ideas, innovation, original and new concepts that have long-term
implications;
inquisitive and imaginative; challenged by problems and finding solutions. -
ANSWER ✔ theorist

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Exam (elaborations) ·

Exam (elaborations)

Champions Powerhouse Training SAE (2024/2025) Exam Questions with 100% Correct Answers || Already Graded A+ <UPDATED VERSION>

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