A steady disparity in list versus promoting costs may also mirror ___________. - ANSInaccurate
competitive marketplace analyses
Which of these might be a bonus for the dealer of hiring licensees as salaried personnel, as
opposed to as impartial contractors on a fee-based totally compensation plan? - ANSSales
sellers will likely make fewer mistakes as a result of extra broker control and supervision.
Which option satisfactory describes what an environmental effect statement is? - ANSIt
describes and analyzes a proposed motion which could have a substantial impact on the
surroundings.
When Andrew schedules a income assembly at his brokerage, he prepares properly in advance
by means of ___________. - ANSDeveloping an agenda, talking points, visuals, and handouts
What is a flat-price pricing strategy? - ANSClients are charged a pre-set rate for a
pre-determined service.
The Brendon Group is comparing a new marketplace and wants to know the market's cultural
composition. That's probably because _________. - ANSThe licensees do not do any energetic
promoting.
Which of the following actions should compromise your protection when assembly with a client
for the first time in the subject? - ANSIgnoring a lewd comment
Alison is taking steps to end up the owner of her own real estate brokerage, Honesty Homes.
She and the 2 real property professionals who turns into her first employees are drafting the
company's imaginative and prescient statement. Which of the following must be included? -
ANSA announcement of what the organization's future results, achievements, and successes
will be
Commonly, the Federal Trade Commission will obtain leads about a capacity antitrust violation
via which avenue? - ANSHearing purchaser lawsuits
A leader who shows the fine of being a visionary is capable of do what? - ANSLook in advance
at trends to fulfill future market needs
A education framework is beneficial at a brokerage because ______. - ANSIt gives structure to
the coaching manner, which allows it's handiest
,Rachel is situation to court docket-ordered supervision because of an antitrust violation. This
oversight may additionally keep for as long as ______. - ANS10 years
Reese and his workforce have developed an attractive, motion-orientated listing presentation to
give to potential dealers. Which element within the advertising model does the listing
presentation constitute? - ANScommunicating
Personality kind fashions should be used to ____________. - ANSinform and recognize
Sarina's firm typically makes use of electronic advertising and marketing communications, which
include emails, Twitter feeds, and Facebook posts. Which of the subsequent advertising gear
may acquire unique interest? - ANSA hand-written thanks be aware
A(n) ________________ is sure to keep a brokerage money. - ANSCulture of retention
Edgar and his management body of workers identified their work with actual property contracts
as a capacity risk to the firm. If Edgar hires an attorney to study every agreement written in his
office, which danger-managing method does this represent? - ANStransfer
If you will take advantage of cloud computing to store touchy customer records, you'll want what
security features to guard the facts? - ANSStrong passwords, confined get entry to, and virus
safety
Cityville administrators are seeking to control city sprawl, however they nevertheless need to
plot for the developing population. They've revamped zoning laws to permit residential devices
to be constructed on smaller plenty, and multi-family housing to be built in regions once zoned
for single-family housing. Which real property fashion does this describe? - ANSIncreased
density
Which of the subsequent factors most immediately determines the complexity of an employer's
running shape? - ANSnumber of activity roles
Nat has a pal who is in the domestic construction commercial enterprise, and he says that within
the ultimate six months, there's been an accelerated demand from builders to build houses
which are greater energy green and use sustainable, non-toxic building materials. What
modern-day market trend is this an instance of? - ANSGreener shoppers
Which of the subsequent is one of the IRS requirements for a real estate brokerage employee to
be classified as a statutory non-worker? - ANSThe man or woman and the using dealer have a
written contract.
A broking is following a hassle-fixing system to address a state of affairs in which one among
her licensees has violated a brokerage coverage. Which of those movements have to be a part
of the answer she pursues to clear up the problem? - ANSCommunication
, Broker Sam has prolonged a proposal to licensee Jane, who has customary the offer. Jane will
paintings as an independent contractor for Sam. Based in this, which of the following statements
is proper? - ANSJane will want to fill out a W-9 for IRS reporting functions.
Independent contractors are required to fill out a W-9 for IRS reporting purposes. Only actual
employees are required to complete the W-four.
Population boom and decline in an area is normally the result of which kind of modifications? -
ANSEmployment possibilities
Who in a brokerage company have to know the firm's code of ethics? - ANSEveryone
How do authorities regulations effect a actual property brokerage? - ANSBy growing legal
responsibility (greater to comply with)
Which of the following is one of the IRS requirements for a actual property brokerage employee
to be labeled as a statutory non-employee? - ANSThe character and the employing broking
have a written settlement.
The written settlement should describe the real estate services that the individual will carry out
and ought to explicitly kingdom that the man or woman will not be dealt with as an employee for
federal tax functions.
Income statement may be referred to as the ________. - ANSStatement of profit or loss
Charli is thinking about shopping for handiest legal responsibility coverage for the office
constructing she owns. She is aware of she'll should pay for any damage to the constructing.
What elements must Charli don't forget in making this decision? - ANSHer willingness and
potential to resist the chance posed through carrying most effective liability coverage (danger
tolerance)
Up the Hill Realty has bought a contact listing. New licensees at the brokerage are asked to
spend 3 hours a week bloodless-calling people on this list. Which of these movements is NOT
one they want to take before making these calls? - ANSCreate a faux cellphone range that
individuals will see on their caller ID.
Alison has written the undertaking and imaginative and prescient statements and defined
objectives for her up and coming brokerage enterprise, Honesty Homes. Now it's time to set
some dreams. She asks her mentor, brokerage owner James, for some steerage on what goals
are, and the way to write them. What advice do you think James would offer Alison?
Goals concerning destiny revenue have to be primarily based on stable assumptions.
Goals ought to be hard and based on what skilled competitors are doing.
Goals need to be specific, measurable, plausible, practical, and timely.
Goals must have strict begin dates and bendy quit dates.
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