{"id":117695,"date":"2023-08-31T13:52:18","date_gmt":"2023-08-31T13:52:18","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=117695"},"modified":"2023-08-31T13:52:20","modified_gmt":"2023-08-31T13:52:20","slug":"texas-sae-real-estate-brokerage-test-2023","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2023\/08\/31\/texas-sae-real-estate-brokerage-test-2023\/","title":{"rendered":"Texas Sae Real estate brokerage test 2023 Questions and Answers complete"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A consistent disparity in listing versus selling prices may reflect <em>. Ans\u0002Inaccurate competitive market analyses<br>Which of these would be an advantage for the broker of hiring licensees as salaried<br>employees, rather than as independent contractors on a commission-based<br>compensation plan? Ans- Sales agents will probably make fewer errors as a result of<br>more broker control and supervision.<br>Which option best describes what an environmental impact statement is? Ans- It<br>describes and analyzes a proposed action that may have a significant effect on the<br>environment.<br>When Andrew schedules a sales meeting at his brokerage, he prepares well in advance<br>by <\/em>. Ans- Developing an agenda, talking points, visuals, and handouts<br>What is a flat-fee pricing strategy? Ans- Clients are charged a pre-set fee for a pre\u0002determined service.<br>The Brendon Group is evaluating a new market and wants to know the market&#8217;s cultural<br>composition. That&#8217;s likely because <strong><em>. Ans- The licensees don&#8217;t do any active<br>selling.<br>Which of the following actions could compromise your security when meeting with a<br>customer for the first time in the field? Ans- Ignoring a lewd comment<br>Alison is taking steps to become the owner of her own real estate brokerage, Honesty<br>Homes. She and the two real estate professionals who will become her first employees<br>are drafting the firm&#8217;s vision statement. Which of the following should be included?<br>Ans- A statement of what the company&#8217;s future results, achievements, and successes<br>will be<br>Commonly, the Federal Trade Commission will receive leads about a potential antitrust<br>violation through which avenue? Ans- Hearing consumer complaints<br>A leader who displays the quality of being a visionary is able to do what? Ans- Look<br>ahead at trends to meet future market demands<br>A coaching framework is useful at a brokerage because ___<\/em><\/strong>. Ans- It gives<br>structure to the coaching process, which helps it be most effective<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rachel is subject to court-ordered supervision due to an antitrust violation. This<br>oversight may continue for as long as <strong><em><strong><em>. Ans- 10 years Reese and his staff have developed an engaging, action-oriented listing presentation to present to potential sellers. Which component in the marketing model does the listing presentation represent? Ans- communicating Personality type models should be used to ______<\/em><\/strong><\/em><\/strong>. Ans- inform and<br>understand<br>Sarina&#8217;s firm primarily uses electronic marketing communications, including emails,<br>Twitter feeds, and Facebook posts. Which of the following marketing tools might receive<br>special attention? Ans- A hand-written thank you note<br>A(n) <strong><em><strong><em>____<\/em><\/strong><\/em><\/strong> is certain to save a brokerage money. Ans- Culture of<br>retention<br>Edgar and his management staff identified their work with real estate contracts as a<br>potential risk to the firm. If Edgar hires an attorney to review every contract written in his<br>office, which risk-handling strategy does this represent? Ans- transfer<br>If you&#8217;re going to take advantage of cloud computing to store sensitive client<br>information, you will need what security measures to protect the data? Ans- Strong<br>passwords, limited access, and virus protection<br>Cityville administrators are trying to control urban sprawl, but they still need to plan for<br>the growing population. They&#8217;ve revamped zoning laws to allow residential units to be<br>built on smaller lots, and multi-family housing to be built in areas once zoned for single\u0002family housing. Which real estate trend does this describe? Ans- Increased density<br>Which of the following factors most directly determines the complexity of an<br>organization&#8217;s operating structure? Ans- number of job roles<br>Nat has a friend who&#8217;s in the home construction business, and he says that in the last<br>six months, there&#8217;s been an increased demand from developers to build homes that are<br>more energy efficient and use sustainable, non-toxic building materials. What current<br>market trend is this an example of? Ans- Greener buyers<br>Which of the following is one of the IRS requirements for a real estate brokerage worker<br>to be classified as a statutory non-employee? Ans- The individual and the employing<br>broker have a written contract.<br>A broker is following a problem-solving process to handle a situation in which one of her<br>licensees has violated a brokerage policy. Which of these actions must be part of the<br>solution she pursues to resolve the problem? Ans- Communication<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Broker Sam has extended an offer to licensee Jane, who has accepted the offer. Jane<br>will work as an independent contractor for Sam. Based on this, which of the following<br>statements is true? Ans- Jane will need to fill out a W-9 for IRS reporting purposes.<br>Independent contractors are required to fill out a W-9 for IRS reporting purposes. Only<br>actual employees are required to complete the W-4.<br>Population growth and decline in an area is usually the result of which type of changes?<br>Ans- Employment opportunities<br>Who in a brokerage firm should know the firm&#8217;s code of ethics? Ans- Everyone<br>How do government regulations impact a real estate brokerage? Ans- By increasing<br>liability (more to comply with)<br>Which of the following is one of the IRS requirements for a real estate brokerage worker<br>to be classified as a statutory non-employee? Ans- The individual and the employing<br>broker have a written contract.<br>the written contract must describe the real estate services that the individual will perform<br>and must explicitly state that the individual will not be treated as an employee for federal<br>tax purposes.<br>income statement might also be called the <strong><em>__<\/em><\/strong>. Ans- Statement of profit or loss<br>Charli is thinking about buying only liability insurance for the office building she owns.<br>She knows she&#8217;ll have to pay for any damage to the building. What factors should Charli<br>consider in making this decision? Ans- Her willingness and ability to withstand the risk<br>posed by carrying only liability insurance (risk tolerance)<br>Up the Hill Realty has purchased a contact list. New licensees at the brokerage are<br>asked to spend three hours a week cold-calling individuals on this list. Which of these<br>actions is NOT one they need to take before making these calls? Ans- Create a fake<br>phone number that individuals will see on their caller ID.<br>Alison has written the mission and vision statements and defined objectives for her up<br>and coming brokerage business, Honesty Homes. Now it&#8217;s time to set some goals. She<br>asks her mentor, brokerage owner James, for some guidance on what goals are, and<br>how to write them. What advice do you think James would offer Alison?<br>Goals regarding future revenue should be based on solid assumptions.<br>Goals should be challenging and based on what experienced competitors are doing.<br>Goals should be specific, measurable, attainable, realistic, and timely.<br>Goals should have strict start dates and flexible end dates.<br>Goals should be SMART: specific, measurable, attainable, realistic, and timely. Ans\u0002Goals regarding future revenue should be based on solid assumptions. X<br>Goals should be challenging and based on what experienced competitors are doing. X<br>Goals should be specific, measurable, attainable, realistic, and timely<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A consistent disparity in listing versus selling prices may reflect . Ans\u0002Inaccurate competitive market analysesWhich of these would be an advantage for the broker of hiring licensees as salariedemployees, rather than as independent contractors on a commission-basedcompensation plan? Ans- Sales agents will probably make fewer errors as a result ofmore broker control and supervision.Which option [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-117695","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/117695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=117695"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/117695\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=117695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=117695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=117695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}