TEXAS REAL ESTATE BROKERAGE SAE EXAM

TEXAS REAL ESTATE BROKERAGE SAE EXAM

NEWEST WITH ACTUAL QUESTIONS

AND CORRECT ANSWERS|ALREADY GRADED

A+

The strengths, weaknesses, opportunities, and threats facing a business - ANSWER-What is a SWOT analysis useful for determining?

You and your staff - ANSWER-Who has the best information about your firm's operations to assist in writing your disaster recovery plan?

The number of licensees to use - ANSWER-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. - ANSWER-Broker Craig fires salesperson

Enrique for violating a provision of the license law. Which of the following is true of this situation?

Due to circumstances beyond their control, the parties can't legally or practically do what they've agreed to do. - ANSWER- In which of the following scenarios is impossibility of contract performance occurring?

Employment Level - ANSWER-Which of the following demographic data points would a brokerage be most interested in when evaluating a market?

Management Style - ANSWER-When discussing a merger, what would corporate cultural fit relate to?

Line (Judy has line authority because she's directly responsible for achieving the company's financial goals.) - ANSWER-As manager of the sales team, Judy has direct responsibility for reaching the company's financial goals.What type of authority does Judy have?

Is she interested in promotion?Before spending time to evaluate Harriet's skills related to promotion, managers should find out if Harriet is even interested in being promoted. - ANSWER-Harriet is a hard

worker. Of all of the unlicensed staff, she receives the most consistently positive evaluations from her boss. She's the face of the firm, greeting walk-in and telephone clients with a friendly, efficient manner. She knows exactly where to find anything and any information she and her colleagues need.What's the first question managers should ask when determining if Harriet is suitable for promotion?

Indirect

Marketing is a strategic process that impacts all departments in a firm. Its impact on sales is critical, but indirect - ANSWER- What impact do marketing efforts have on sales?

Culture of retention - ANSWER-A(n) ______ is certain to save a brokerage money

Require identification from customers and clients before real estate professionals go into the field with them. - ANSWER- Which of the following is a good example of proper safety and security measures for employees at a brokerage office?

Tactical planning

Tactical planning is the most granular level of planning. Once the long-range plan has been broken down into smaller tasks, the management and staff are responsible for carrying out the tactics. - ANSWER-Which of the following business planning activities breaks the long-range plan down into smaller tasks and identifies which segment(s) of the company are responsible for doing what?

As more staff is hired, she will spend more time managing sales staff. - ANSWER-Broker Donna plans to hire three licensees to begin growing her business from a one-agent to a four-agent firm. What tip would you offer Donna regarding the impact of growth on her as the broker-owner?

Values - ANSWER-Leaders communicate and live by their

______.

The licensees don't do any active selling.

The licensees at an LFRO gather referrals and feed them to a full-service brokerage but don't do any active selling. - ANSWER-Which of the following statements is true regarding licensees who work at a limited function referral organization?