PACKAGE DEAL OF REAL ESTATE BROKERAGE QUESTION AND ANSWERS RATED A+

Property Management Question and answers 100% correct Which statement is CORRECT? (a) Property management and real estate brokerage are the same thing. (b) All real estate brokers in Texas must allow sponsored agents to perform property management activities. (c) Some real estate brokers do not a...

RE Brokerage Question and answers already passDarrel wanted managing broker Ella to sign off on incomplete paperwork, claiming she knew he was “good for it.” Why should Ella refuse? Managing brokers are responsible for their associated licensees’ actions. Which of the following is co...

RE LAW SAE aceable final exam Question and answers correctly solved Which of these is a bilateral contract? - correct answer Richard signs a contract to buy James's house. What does severalty mean? - correct answer sole ownership What agency is responsible for enforcing TRELA? - correct ...

Real Estate Brokerage Question and answers already passed The owner of a real estate brokerage firm hired Eric to oversee the day-to-day operations of the business. What type of broker is Eric? Active Assistant Broker-owner Managing - correct answer Managing Samantha is the owner of her o...

Real Estate Brokerage Question and answers verified to pass Search Engine Optimization (SEO) The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Facebook Live Video streaming through...

Real Estate Brokerage Question and answers correctly solved Which of the following trends in real estate brokerage gives buyers the opportunity to tour properties from the comfort of their own homes? (a) MLS Systems (b) Virtual Reality (c) Population growth (d) Fluctuations in economy - correct ...

Real Estate Brokerage SAE Champions Question and answers rated A+Manager numbers related to number of agents 10 Disadvantages of being a broker The broker is responsible for his or her own health insurance benefits. The amount of the broker's paycheck is not consistent.The broker must plan ...

Real Estate Brokerage Question and answers already passed Features of a triple net lease - correct answer __________ means consistently evaluating and improving efficiency to maximize what it is that customers value about your business, always with an eye out for cost reduction. - correct a...

Real Estate Marketing 101 Question and answers verified to pass When accounting for possession utility what document do agents rely on to tell them whether the seller owns the property and whether there are problems with easements, judgments, or other encumbrances? - correct answer Preliminary tit...

Real Estate Marketing SAE Question and answers rated A+it is better to _________ promise and ________ deliver - correct answer under promise & over deliver Devising a _____ month marketing plan in advance is a key habit of successful - correct answer 12-month millennials are the _______ ma...

Real Estate Question and answers correctly solved One section of land is est. by... - correct answer Government survey The assumption of a first mortgage appears on the closing statement as a debit to the - correct answer Seller A broker with 10% interest in a development company must dis...

SAE BROKERAGE STUDY Question and answers already passed identity theft - correct answer when someone steals your personal information and uses it to open accounts Risk management policy - correct answer policies in place to protect business from risk policy and procedures manual - correct ...

Sae brokerage study Question and answers verified to pass What must Texas real estate brokers do with the Consumer Protection Notice? - correct answer Display it in a prominent location. Which of the following describes viruses, worms, Trojan horse attacks, and ransomware? - correct answer Ma...

SAE Brokerage Texas Question and answers correctly solved Good - correct answer Under the DTPA, a home for sale is considered a ___________. If the broker has an established business relationship with the person on the Do-Not-Call Registry within the last 18 months - correct answer Under wha...

SAE Real Estate Inspection Questions with complete solution Who licenses real estate inspectors in TX? - correct answer TREC inspection - correct answer the process of looking at & examining accessible items, parts, systems, or their components a real estate inspection is a limited - corre...

State Test Question and answers already passed TREC (Texas Real Estate Commission) - correct answer -created in 1949 -protect the public -authority to make rules and regulations -consists of 9 commission members, 3 represent the general public & 6 are real estate brokers. All appointed by the ...

Texas Appraisals SAE Exam Question and answers verified to passThe ___ system keeps air fresh by recycling air and removing odors and pollutants - correct answer Venitlation What are the general influencers of real property value? - correct answer Physical, Geographic, economic, social, gover...

Texas Portion of the Real Estate Exam Question and answers correctly solved TRELA - correct answer Texas Real Estate License act (1939) made it illegal to practice real estate without a license, it also created the trec How was TRELA codified - correct answer Title 7 of the Occupational code ...

Texas RE Exam 03 Question and answers correctly solved A broker acting as an intermediary to the sale of a single-family dwelling would be acting lawfully and ethically if he disclosed which information? A) That the seller will accept $5,000 less than the asking price. B) That the buyers are ab...

Texas Real Estate Appraisal Question and answers correctly solved What can proper drainage do for a building site? - correct answer Protect the foundation The ______ method converts a single year's expected income (or an annual average) into a market value. - correct answer Direct Capitaliza...

Texas Real Estate Brokerage 30 hr SAE study guide Questions with complete solution CoStar ,Functions much like a residential MLS, connecting commercial agents with brokers, owners, lenders, property managers, appraisers, and investors. Augmented Realtiy (AR) 1. enhances the user's current pe...

Texas Real Estate Brokerage SAE Question and answers rated A+ The strengths, weaknesses, opportunities, and threats facing a business - correct answer What is a SWOT analysis useful for determining? You and your staff - correct answer Who has the best information about your firm's operations...

Texas Real Estate Brokerage Question and answer already passed Accountability Taking responsibility for everything that happens under the leader's domain. Accrual Method The approach that recognizes the money that the business has actually received, the money it is due to receive, the expens...

Texas Real Estate Exam 2 Licensing Question and answers already passed Education Requirements for a Sales Agent License - correct answer 180 classroom hours consisting of 6 required qualifying courses Education Requirements for a Sales Agent License Renewal - correct answer First renewal: 98 ...

Texas Real Estate Exam Question and answers verified to pass TREC purpose - correct answer to protect general public in dealing with licensees TREC Composition - correct answer 1) 9 members appointed by governor with advice and consent of Senate 2) 6 must be licensed brokers; 3 must be mem...

texas real estate exam Question and answers correctly solved Which of the following is a downside to living in a co-op? - correct answer one residents actions can harm the entire cooperative The act of severance is the most common way to convert: - correct answer real property into personal ...

Texas Real Estate Exam Study Guide Question and answers correctly solved Which of the following situations could be considered illegal in Texas and put a licensee's license to practice real estate in jeopardy of suspension or revocation? A. Andrew signs a listing agreement that specifies a duratio...

Texas Real Estate Exam Questions with complete solution TREC - correct answer - consists of 9 commission members: 3 represent the general public and 6 are real estate brokers. - has the power to subpoena books, records, and witnesses. If a licensee fails to respond to a subpoena, they can file su...

Texas Real Estate Investment Question and answers rated A+betterments - correct answer Improvements to property made by tenants. bundle of rights - correct answer Describes the owner's rights of control over property. buyer's market - correct answer When the supply of a commodity excee...

Texas Real Estate Law Question and answers already passed CERCLA Liability Rules - correct answer Hazardous Substance Liability 1. Owner 2. Prop Manager 3. Cleaner of the Facility Fair Credit Reporting Act - correct answer A federal law that established procedures that consumer-reporting ag...

Texas Real Estate Licensing Exam Prep Question and answers correctly solved Statutory laws passed by the Texas Legislature: authorize administrative agencies to carry out provisions of the law In Texas, the real estate license law is administered by the: Texas Real Estate Commission The ...

Texas Real Estate Marketing SAE Question and answers rated A+ An adjustable-rate mortgage is a loan with an interest rate that: - correct answer can change throughout the life of the loan What's a benefit for a seller in signing an exclusive agency or exclusive-right-to-sell listing agreement ...

Texas Real Estate Principles Question and answers already passed *Define TRELA and TREC and what is their purpose? - correct answer - Texas Real Estate License Act - law that governs all real estate licensees and sets the powers for Texas Real Estate Commission - purpose is to protect the publi...

Texas Real Estate Property Management Question and answers verified to pass Which organization initiates research that anticipates emerging land use trends and issues, proposing creative solutions based on that research. ULI BOMA NAIOP IREM - correct answer ULI Which organization has the ...

Texas Real Estate Questions and answers correctly solved Four P's of Marketing Product, Promotion, Price, Place Types of Advertising Institutional advertising Product/Marketing advertising Institutional Advertising promotes an organization's image, reputation, or ideas rather than a ...

Texas SAE Questions with complete solution Place Lender-aquired insurance on the property and bill the borrower - correct answer If a borrower fails to keep homeowners insurance of the collateral property, what actions can the lender take? Mutual Agreement - correct answer Leases my be termin...

Texas SAE Question and answers rated A+ Transferability - correct answer Which value-influencing DUST factor addresses the ease with which the property can be conveyed to another? Present index ÷ Index at time of construction x Original cost = Present cost To arrive at the present cost, the a...

Texas SAE Question and answers 100% correct Steven put down $10,000 toward a property's purchase price, financed the rest, and now has a cash flow of $2,800 after repairs and debt service. What's his ROI? a 21% b 26% c 28% d 32% - correct answer c 28% Return on investment or ROI = c...

Texas SAE Marketing Question and answers verified to pass A broker is concerned about the listing they have. They worry that the neighborhood is too noisy for the buyers. To make matters worse, they just got notice that their other listing still hasn't had any showings. The broker wonders how they ...

texas sae real estate brokerage Question and answers correctly solved A consistent disparity in listing versus selling prices may reflect ___________. - correct answer Inaccurate competitive market analyses Which of these would be an advantage for the broker of hiring licensees as salaried empl...

Texas SAE Real Estate Brokerage Question and answers correctly solved A fixed expense ______. - correct answer Isn't impacted by sales Which of the following acts protects Texas consumers against real estate licensees who use false, misleading, or deceptive actions or practices in the advertis...

Texas SAE Real Estate Brokerage Questions with complete solution acquisition - correct answer when one company buys most or all shares in another company to assume control of its assets and operations merger - correct answer when two or more companies join to form a single firm arbitration...

TEXAS SAE Real Estate Brokerage NOTES ready to study BROKER OWNER RESPONSIBLITIES - correct answer 1. Responsible for every liscnesee holder in the brokerage (supervisory) 2. Training/education 3. License maintenance 4. Make sure they don't violate laws (legal) 5. Profitability of the compan...

TEXAS SAE REAL ESTATE Brokerage Question and answers already passed Executive Summary - correct answer Most business plans include a synopsis of the plan as a whole, designed to be read by shareholders, lenders, and other third parties with an interest in learning about the organization. What is t...

Texas SAE Real Estate Investment Question and answers correctly solved Which class of office building is aimed at tenants requiring functional space at below-average rents for the area? - correct answer Class C Class C office buildings command below-average rates for the area. They're function...

Texas SAE Real Estate Law Questions with complete solution Capital gains tax benefits include up to _______________________ exclusion of profits on the same of the home owned and occupied as a principal residence for at least two of the five years before the sale. a. $100,000 b. $200,000 c. $50...

Texas Specific Exam 02 Question and answers rated A+In which of the following situations can a licensee legally and ethically accept a net listing? A) Only when the principal understands current market values and requires a net listing. B) Anytime the seller agrees, as long as the agent earns no...

Texas Question and answers 100% correct TREC (Texas Real Estate Commission) - correct answer 6 broker members and 3 public members - created to administer the provisions of the license act - they promulgate contract forms for licensees TRELA (Texas Real Estate License Act) - correct answer Pa...

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 ...

TREC Question and answers rated A+What state agency is responsible for the licensing of real estate appraisers? - correct answer Texas Appraiser Licensing and Certification Board A broker or salesperson who fails to give the statutory title notice to the buyer at or before closing A) will hav...

TX 30 Hour Principles of Real Estate I Exam Questions and answers already passed A portion of Lance's property can be used by the local utility company to maintain its power lines. What is this an example of? - correct answer Easement Several brokerages in a certain area agree to stop running ...

tx Question and answers correctly solved Laissez-faire - correct answer A policy or attitude of letting things take their own course, without interfering. 4 key communication skills: Maintain or enhance customer - correct answer Self esteem - correct answer Equal Credit Opportunit...

TX SAE Real Estate Brokerage Question and answers correctly solved Determine which scenario correctly depicts a Texas brokerage team. - correct answer Shannon, Caleb, and Jonah work together to provide brokerage services. Imagine that you're an active real estate licensee as well as an archite...

Unit 13 Question and answers correctly solved Salesperson (Sales Agent) - explain what is required to hold this level of licensing - correct answer - licensee with less than 4 years of active experience or a licensee with more than 4 years who has chosen to not upgrade to a broker - must work u...