100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
TREC SAE Marketing I Question and answers correctly solved £10.82   Add to cart
Quickly navigate to
Preview
  2.  
  3. Real Estate Brokerage
  4.  
  5. Real Estate Brokerage

Exam (elaborations)

TREC SAE Marketing I Question and answers correctly solved

 6 views  0 purchase
  • Module
  • Real Estate Brokerage
  • Institution
  • Real Estate Brokerage

TREC SAE Marketing I Question and answers correctly solved Internal Rate of Return - correct answer the yield of the investment within itself when all cash flows have been discounted to 0 Assets - correct answer All tangible and intangible items that can be used to cover the liabilities of a...

[Show more]

Preview 4 out of 36  pages

Document information

  • July 20, 2024
  • 36
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • trec sae marketing i
  • trec sae marketing i question and answers correctl

Written for

  • Real Estate Brokerage
  • Real Estate Brokerage

Seller

avatar-seller
LEWISSHAWN55

Reviews received

Content preview

TREC SAE Marketing I
TREC SAE Marketing I
2024/2025 Internal Rate of Return - correct answer ✔the yield of the investment within itself when all cash flows have been discounted to 0
Assets - correct answer ✔All tangible and intangible items that can be used to cover the liabilities of a business or be converted into cash, such as office equipment and property
Balance Sheet - correct answer ✔A statement that itemizes assets, liabilities and net worth
Broker - correct answer ✔An individual who is licensed to negotiate contracts
to buy, sell, or lease property for a fee or commission
Budget - correct answer ✔A statement of estimated income and expenses
Business Plan - correct answer ✔A written description of busines operational
and financial goals and strategies that the business will use to achieve them
Capital - correct answer ✔Physical assets that can be used to produce income. Capital can refer to machinery, buildings, inventory, equipment, etc. Also refers to the business' net worth
Cash - correct answer ✔The amount of money that is readily available for business
Cash Flow - correct answer ✔The movement of money in and out of the business Client - correct answer ✔The individual, also known as the principal, who employs a real estate professional to perform certain activities on their behalf
Customer - correct answer ✔An individual who obtains the services of a real estate professional without a contract or binding agreement
Debt Financing - correct answer ✔Obtaining funding (loans) from lenders These loans incur interest and must be repaid within a specified period of time
Equity - correct answer ✔The difference between the value of an asset and the amount of money owed on the asset
Equity Financing - correct answer ✔In order to obtain funding, a company will sell a portion of ownership interest in the company in exchange for capital or funding
Executive Summary - correct answer ✔A written description that provides the reader with an overview of the business plan
Fair Housing Act - correct answer ✔Prohibits discrimination on the basis of race, color, religion, sex, hanicap, familiar status or national origin
Farming - correct answer ✔The process of branding a company or individual's name to a certain area, group of people, or segment of the market
Inflation - correct answer ✔An increase in the price level of goods ans services that cause a decrease in th epurchasing power of the buyer Liability - correct answer ✔A company's or individual's legal obligation to take responsibility for any actions to pay
Manager - correct answer ✔The individual that organizes and oversees the company's financial and human resources
Marketing - correct answer ✔The process of promoting a company's products and services, including advertising and farming
Mission Statement - correct answer ✔A description of a company's purpose, clientele, and business philosophy
NAR - correct answer ✔National Association of Realtors, professional organization for real estate professionals
Net Income - correct answer ✔The gross income minus total operating expenses; this essentially refers to profit
Operating Expenses - correct answer ✔Ongoing costs used to maintain and run the business
Real Estate Salesperson - correct answer ✔A licensed and trained individual
who participates in the process of buying, selling and marketing real estate
ROI - correct answer ✔Return on Investment: measures a corporations profitability and how effectively it uses its capital to produce profit
Target Market - correct answer ✔The specific audience for which a company's products and/or services are intended

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

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 LEWISSHAWN55. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £10.82. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72841 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£10.82
  • (0)
  Add to cart