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2024 update |Texas Real Estate Brokerage SAE| latest|COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS (100% Correct solutions) GET IT 100% ACCURATE!!$15.99
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10/31/24, 6:58 AM 2024 update |Texas Real Estate Brokerage SAE|2024-2025 latest|COMPREHENSIVE QUESTIONS AND VERIFIED ANSWE…
2024 update |Texas Real Estate Brokerage
SAE|2024-2025 latest|COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS (100%
Correct solutions) GET IT 100% ACCURATE!!
Terms in this set (113)
The strengths, What is a SWOT analysis useful for determining?
weaknesses,
opportunities, and threats
facing a business
Who has the best information about your firm's
You and your staff operations to assist in writing your disaster recovery
plan?
Which of the following is one of the key decisions a
The number of licensees
brokerage makes when deciding how to staff the
to use
sales force?
This is a valid reason to Broker Craig fires salesperson Enrique for violating a
terminate the licensee's provision of the license law. Which of the following
affiliation with the broker. is true of this situation?
Due to circumstances In which of the following scenarios is impossibility of
beyond their control, the contract performance occurring?
parties can't legally or
practically do what
they've agreed to do.
Which of the following demographic data points
Employment Level would a brokerage be most interested in when
evaluating a market?
When discussing a merger, what would corporate
Management Style
cultural fit relate to?
,10/31/24, 6:58 AM 2024 update |Texas Real Estate Brokerage SAE|2024-2025 latest|COMPREHENSIVE QUESTIONS AND VERIFIED ANSWE…
Line (Judy has line As manager of the sales team, Judy has direct
authority because she's responsibility for reaching the company's financial
directly responsible for goals. What type of authority does Judy have?
achieving the company's
financial goals.)
Is she interested in Harriet is a hard worker. Of all of the unlicensed
promotion? staff, she receives the most consistently positive
Before spending time to evaluations from her boss. She's the face of the firm,
evaluate Harriet's skills greeting walk-in and telephone clients with a
related to promotion, friendly, efficient manner. She knows exactly where
managers should find out to find anything and any information she and her
if Harriet is even colleagues need. What's the first question managers
interested in being should ask when determining if Harriet is suitable for
promoted. promotion?
Indirect What impact do marketing efforts have on sales?
Marketing is a strategic
process that impacts all
departments in a firm. Its
impact on sales is critical,
but indirect
Culture of retention A(n) ______ is certain to save a brokerage money
Require identification Which of the following is a good example of proper
from customers and safety and security measures for employees at a
clients before real estate brokerage office?
professionals go into the
field with them.
, 10/31/24, 6:58 AM 2024 update |Texas Real Estate Brokerage SAE|2024-2025 latest|COMPREHENSIVE QUESTIONS AND VERIFIED ANSWE…
Tactical planning Which of the following business planning activities
breaks the long-range plan down into smaller tasks
Tactical planning is the and identifies which segment(s) of the company are
most granular level of responsible for doing what?
planning. Once the long-
range plan has been
broken down into smaller
tasks, the management
and staff are responsible
for carrying out the
tactics.
Broker Donna plans to hire three licensees to begin
As more staff is hired, she growing her business from a one-agent to a four-
will spend more time agent firm. What tip would you offer Donna
managing sales staff. regarding the impact of growth on her as the
broker-owner?
Values Leaders communicate and live by their ______.
The licensees don't do Which of the following statements is true regarding
any active selling. licensees who work at a limited function referral
organization?
The licensees at an LFRO
gather referrals and feed
them to a full-service
brokerage but don't do
any active selling.
Rust Brokerage is run as a lean machine and
requires its employees to be both productive and
cost-efficient. It pays employees on a scale that
Performance
relates their worth to how much their work has
contributed to overall revenue. This reflects a(n) ______
compensation philosophy.
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