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Exam (elaborations)

Champions Real Estate Marketing SAE Exam Questions and Answers

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  • Course
  • Champions Real Estate
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  • Champions Real Estate

Champions Real Estate Marketing SAE Exam Questions and Answers Most common reason a property fails to sell is - ANSWER-price Matching human needs with goods or services to meet those needs is the process of - ANSWER- marketing _____________________ is a key personality trait of a successful ag...

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  • October 30, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Champions Real Estate
  • Champions Real Estate
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Emillect
©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




Champions Real Estate Marketing SAE

Exam Questions and Answers


Most common reason a property fails to sell is - ANSWER✔✔-price


Matching human needs with goods or services to meet those needs is the process of - ANSWER✔✔-

marketing


_____________________ is a key personality trait of a successful agent - ANSWER✔✔-problem solving


3 Ways Sales Agents Add Value to the Buying Process - ANSWER✔✔-Counseling, Negotiating, and

Managing the transaction


Four P's of marketing real estate - ANSWER✔✔-product, promotion, price and place


How can you know your product? - ANSWER✔✔-Inspect company listings


• Travel your geographic area


• Practice writing offers


• Do net sheet calculations on your own house



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, ©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




AIDA - ANSWER✔✔-(The four psychological


steps of a sale: attention, interest, desire and action).


states that rational buyers will pay no more for a


property than they would for an equally desirable,


comparable property. - ANSWER✔✔-The principle of substitution in real estate valuation


Marketing to a specific age group is sometimes called - ANSWER✔✔-generational selling


An acronym for the psychological steps of a sale is - ANSWER✔✔-AIDA


A willingness to change and grow your marketing plan demonstrates to concept of


____________. - ANSWER✔✔-adaptation


To be an effective problem solver, it is beneficial to understand .... - ANSWER✔✔-basic human needs and

the psychological


steps involved in a sale


defined as expected benefits to be received as a result of ownership - ANSWER✔✔-amenities


Objectives should be - ANSWER✔✔-measurable and achievable as well as timely.




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, ©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




Goals should be - ANSWER✔✔-attainable, flexible, measurable, and time frame


shot gun method - ANSWER✔✔-often the preferred choice for new agents until they realize that they

can't possibly take


on such a large-scale market


4 types of buyers - ANSWER✔✔--first time buyers


-relocators


-upgraders


-investors


communication is - ANSWER✔✔-transcribing and receiving/ talking and listening


Marketing budget goals should be set for a minimum


of ___________, realistically more - ANSWER✔✔-6 months


_______ drive the market - ANSWER✔✔-consumers


Agents should "listen" not only to what the client is


saying, but also to ___________________. - ANSWER✔✔-body language




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