Real estate brokers c - Study guides, Class notes & Summaries

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): A) attorney-in-fact B) broker with a listing C) special agent D) attorney-at-law attorney-in-fact No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: A) township B) section C) scarcity D) nonhomogeneity nonhomogeneity The five essential elements that make a contract valid are: comp...

The strengths, weaknesses, opportunities, and threats facing a business - What is a SWOT analysis useful for determining? You and your staff - Who has the best information about your firm's operations to assist in writing your disaster recovery plan? The number of licensees to use - Which of the following is one of the key decisions a brokerage makes when deciding how to staff the sales force? This is a valid reason to terminate the licensee's affiliation with the broker. - Broke...

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 prod...

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 answer b. Virtual Reality According to the Bureau of Labor Statistics, employment of real estate brokers and sales agents is projected to _____ the average for all occupations. (a) Grow faster t...

Florida Real Estate Broker Exam All Answers Correct Technical skills Skills that include time management, preparing Cmas, and completing contracts. Desk cost Dividing total office expenses by number of sales associates Institutional advertising Advertising that describes the firm, its personnel, and its services. Fixed expense Occupancy costs are an example of what type of expenses? Cash basis accounting What is the most simple type of accounting and is used by most small business ta...

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 architect, and you'd like to partner with a builder who's just beginning a development. Which of these creates agency coupled with interest? - correct answer You agree to design the houses for this build...

REAL ESTATE BROKERS CERTIFICATION EXAM (2023) || Complete Questions & Answers (Rated A+) REAL ESTATE BROKERS CERTIFICATION EXAM (2023) || Complete Questions & Answers (Rated A+) REAL ESTATE BROKERS CERTIFICATION EXAM (2023) || Complete Questions & Answers (Rated A+) ABATEMENT - ANSWER - A legal action to stop a nuisance. Also can be a reduction of a property tax assessment. ABSTRACT - ANSWER - A history of every recorded document dealing with a property. ABSTRACTIVE METHOD - ANSWER - A m...

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 advertising, offering for sale, selling, or leasing of personal property or real property? - correct answer DTPA Why should a business owner evaluate the competition's affiliations? - correct answer T...

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 employees, rather than as independent contractors on a commission-based compensation plan? - correct answer Sales agents will probably make fewer errors as a result of more broker control and supervisio...