Texas real estate license - Study guides, Class notes & Summaries

a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification - Correct Answer D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these - Correct Answer D.) All of these The least important factor affecting demand for real esta...

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...

Champions Powerhouse Training SAE 146 Questions with Verified Answers An area of neighborhoods or sub divisons that is serviced by your firm. - CORRECT ANSWER Geographic Farm A plan by which you develop to gain name recognition - CORRECT ANSWER Marketing Plan Becoming different in your approach through growth and development - CORRECT ANSWER differentiate All the properties in a particular price range, in the area your firm services - CORRECT ANSWER economic farm Words or cont...

Law of Agency Texas Real Estate License Exam Section 3 of 6: Law of Agency (elaborations) Questions and Correct Answers with 100% Accurate , Verified , Latest fully Updated , 2024/2025 ,Already Passed , Graded A+, Complete solutions guarantee distinctions Rationales

Texas Sae Real Estate Brokerage (2nd Year License Course Ceshop)

Champion School of Real Estate-Law of Contracts Exam with Complete Solutions Texas Real Estate Commission - ANSWER TREC-created by the Legislature in 1949. 9 member commission whose primary purpose is to carry out the provision of the License Act Real Estate Recovery Trust Account - ANSWER administered by TREC. the purpose of the account is to protect aggrieved individuals who suffer monetary loss due to illegal acts of license holders unlawful practice of law - ANSWER license holder is...

TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae... The _____ is required to ascertain that Brokers are aware of all of their responsibilities. Texas Real Estate Commission The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brok...

TEXAS REAL ESTATE BROKERAGE SAE LICENSE EXAM ACTUAL EXAM 120 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES

A license holder, while acting as an agent for another should a. Expect any ambiguities in the contract documents will be corrected at the closing b. Be scrupulous and meticulous in performing the agent`s functions c. Advise buyers that verbal repair agreement can be documented at closing d. Explain that written contract amendment are not as important as the original agreement correct answer: b. Be scrupulous and meticulous in performing the agent`s functions When a broker is acting fo...

Aceable Agent Texas Real Estate Principles I Question and answer 100% correct 2023Broker's Price Opinion (BPO) A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property Closing The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount Comparative Market Analysis (CMA) A report comparing the prices of sold homes tha...