Voordeelbundel
Bundled Texas Real Estate Exams with latest verified solution
Bundled Texas Real Estate Exams with latest verified solution
[Meer zien]Bundled Texas Real Estate Exams with latest verified solution
[Meer zien]Which of the following actions poses the greatest risk for your brokerage? 
-Developing a thorough policies and procedures manual 
-Developing company checklists for all licensees to follow 
-Not penalizing staff who don't follow policies or procedures 
-Requiring all staff to carry E&O insurance -...
Voorbeeld 3 van de 18 pagina's
In winkelwagenWhich of the following actions poses the greatest risk for your brokerage? 
-Developing a thorough policies and procedures manual 
-Developing company checklists for all licensees to follow 
-Not penalizing staff who don't follow policies or procedures 
-Requiring all staff to carry E&O insurance -...
Which of the following is a component of a marketing plan for a brokerage? 
-Marketing staff salaries 
-Mission statement 
-Software needed to implement the plan 
-Strategies and tactics - Strategies and tactics 
 
 
Why do most people move? 
-Change in age 
-Change in employment 
-Downward mobility...
Voorbeeld 3 van de 18 pagina's
In winkelwagenWhich of the following is a component of a marketing plan for a brokerage? 
-Marketing staff salaries 
-Mission statement 
-Software needed to implement the plan 
-Strategies and tactics - Strategies and tactics 
 
 
Why do most people move? 
-Change in age 
-Change in employment 
-Downward mobility...
A group of investors bought property and developed a movie production studio. After a few years in business, the state passed regulations limiting the amount of tax incentives it would offer film studios shooting movies in the state. This move caused several companies to move their shooting to other...
Voorbeeld 3 van de 17 pagina's
In winkelwagenA group of investors bought property and developed a movie production studio. After a few years in business, the state passed regulations limiting the amount of tax incentives it would offer film studios shooting movies in the state. This move caused several companies to move their shooting to other...
Broker Sam has extended an offer to licensee Jane, who has accepted the offer. Jane will work as an independent contractor for Sam. Based on this, which of the following statements is true? 
-As an independent contractor, Jane will not have to fill out any tax-related or IRS-related paperwork. 
-It ...
Voorbeeld 3 van de 18 pagina's
In winkelwagenBroker Sam has extended an offer to licensee Jane, who has accepted the offer. Jane will work as an independent contractor for Sam. Based on this, which of the following statements is true? 
-As an independent contractor, Jane will not have to fill out any tax-related or IRS-related paperwork. 
-It ...
What agency administers the Interstate Land Sales Full Disclosure Act? 
Consumer Financial Protection Bureau 
Department of Energy Conservation 
Developers Land Sales Administration 
Housing and Urban Development - ANSWERS -Consumer Financial Protection Bureau 
(CFPB administers the act to protect c...
Voorbeeld 4 van de 64 pagina's
In winkelwagenWhat agency administers the Interstate Land Sales Full Disclosure Act? 
Consumer Financial Protection Bureau 
Department of Energy Conservation 
Developers Land Sales Administration 
Housing and Urban Development - ANSWERS -Consumer Financial Protection Bureau 
(CFPB administers the act to protect c...
Which of the following is a good example of proper safety and security measures for employees at a brokerage office? 
-Hire a safety and security officer. 
-Invite clients to meet at your home. 
-Provide your personal information on websites and social media. 
-Require identification from customers ...
Voorbeeld 3 van de 17 pagina's
In winkelwagenWhich of the following is a good example of proper safety and security measures for employees at a brokerage office? 
-Hire a safety and security officer. 
-Invite clients to meet at your home. 
-Provide your personal information on websites and social media. 
-Require identification from customers ...
Which of the following statements regarding employment-at-will is true? 
Employment-at-will is a doctrine that only applies in certain states. 
Employment-at-will is a doctrine that's used in all states, but each state may apply it differently. 
In the case of employment-at-will, the laws against d...
Voorbeeld 3 van de 16 pagina's
In winkelwagenWhich of the following statements regarding employment-at-will is true? 
Employment-at-will is a doctrine that only applies in certain states. 
Employment-at-will is a doctrine that's used in all states, but each state may apply it differently. 
In the case of employment-at-will, the laws against d...
Changes in the national market may have little (or significantly delayed) impact on local markets. This is because the real estate market is ______. - ANSWERS -Slow to respond 
 
With a promotional land sale agreement, who usually carries back a portion of the purchase in the form of a purchase-mone...
Voorbeeld 2 van de 6 pagina's
In winkelwagenChanges in the national market may have little (or significantly delayed) impact on local markets. This is because the real estate market is ______. - ANSWERS -Slow to respond 
 
With a promotional land sale agreement, who usually carries back a portion of the purchase in the form of a purchase-mone...
A consistent disparity in listing versus selling prices may reflect ___________. - ANSWERS -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 compensati...
Voorbeeld 4 van de 35 pagina's
In winkelwagenA consistent disparity in listing versus selling prices may reflect ___________. - ANSWERS -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 compensati...
What is a SWOT analysis useful for determining? - ANSWERS -The strengths, weaknesses, opportunities, and threats facing a business 
 
Who has the best information about your firm's operations to assist in writing your disaster recovery plan? - ANSWERS -You and your staff 
 
Which of the following i...
Voorbeeld 2 van de 15 pagina's
In winkelwagenWhat is a SWOT analysis useful for determining? - ANSWERS -The strengths, weaknesses, opportunities, and threats facing a business 
 
Who has the best information about your firm's operations to assist in writing your disaster recovery plan? - ANSWERS -You and your staff 
 
Which of the following i...
Under the DTPA, a home for sale is considered a ___________. - ANSWER -Good 
 
Under what circumstance may an agent call a person who is on the Do-Not-Call Registry? - ANSWER -If the broker has an established business relationship with the person on the Do-Not-Call Registry within the last 18 months...
Voorbeeld 2 van de 6 pagina's
In winkelwagenUnder the DTPA, a home for sale is considered a ___________. - ANSWER -Good 
 
Under what circumstance may an agent call a person who is on the Do-Not-Call Registry? - ANSWER -If the broker has an established business relationship with the person on the Do-Not-Call Registry within the last 18 months...
The _____ is required to ascertain that Brokers are aware of all of their responsibilities. - ANSWER -Texas Real Estate Commission 
 
The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an un...
Voorbeeld 4 van de 202 pagina's
In winkelwagenThe _____ is required to ascertain that Brokers are aware of all of their responsibilities. - ANSWER -Texas Real Estate Commission 
 
The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an un...
Search Engine Optimization (SEO) - ANSWER -The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. 
 
Facebook Live - ANSWER -Video streaming through Facebook. 
 
Costar Database - ANSWER -Funct...
Voorbeeld 4 van de 36 pagina's
In winkelwagenSearch Engine Optimization (SEO) - ANSWER -The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. 
 
Facebook Live - ANSWER -Video streaming through Facebook. 
 
Costar Database - ANSWER -Funct...
Which of these groups of protected classes is included in the NAR Code of Ethics' definition of discriminatory behavior? 
 
National origin and religion only 
Race and color only 
Race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity 
Sex, ag...
Voorbeeld 4 van de 49 pagina's
In winkelwagenWhich of these groups of protected classes is included in the NAR Code of Ethics' definition of discriminatory behavior? 
 
National origin and religion only 
Race and color only 
Race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity 
Sex, ag...
Which of these groups of protected classes is included in the NAR Code of Ethics' definition of discriminatory behavior? 
 
National origin and religion only 
Race and color only 
Race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity 
Sex, ag...
Voorbeeld 4 van de 49 pagina's
In winkelwagenWhich of these groups of protected classes is included in the NAR Code of Ethics' definition of discriminatory behavior? 
 
National origin and religion only 
Race and color only 
Race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity 
Sex, ag...
If a large real estate company decided to expand by purchasing hundreds of brokerages across the country, this would be considered what? - ANSWER -An acquisition 
 
What are three advantages of becoming a broker? - ANSWER -More money generated through the efforts of others. 
Pride of ownership 
Cent...
Voorbeeld 3 van de 16 pagina's
In winkelwagenIf a large real estate company decided to expand by purchasing hundreds of brokerages across the country, this would be considered what? - ANSWER -An acquisition 
 
What are three advantages of becoming a broker? - ANSWER -More money generated through the efforts of others. 
Pride of ownership 
Cent...
Who must abide by the National Association of REALTORS® Code of Ethics? - ANSWER -Only members; however, the courts often look to the Code of Ethics to determine appropriate standards for real estate professionals 
 
What is the Sherman Act? - ANSWER -A federal antitrust act that outlawed monopolis...
Voorbeeld 1 van de 3 pagina's
In winkelwagenWho must abide by the National Association of REALTORS® Code of Ethics? - ANSWER -Only members; however, the courts often look to the Code of Ethics to determine appropriate standards for real estate professionals 
 
What is the Sherman Act? - ANSWER -A federal antitrust act that outlawed monopolis...
Property briefs are also called... 
-property notes 
-cheat sheets 
-property flyers 
-House information pads - ANSWER -property flyers 
 
What kind of lease conveys a leasehold interest to an owner of a cooperative? 
-Net-net 
-proprietary 
-percentage 
-Index - ANSWER -proprietary 
 
A building w...
Voorbeeld 4 van de 68 pagina's
In winkelwagenProperty briefs are also called... 
-property notes 
-cheat sheets 
-property flyers 
-House information pads - ANSWER -property flyers 
 
What kind of lease conveys a leasehold interest to an owner of a cooperative? 
-Net-net 
-proprietary 
-percentage 
-Index - ANSWER -proprietary 
 
A building w...
The owner of a real estate brokerage firm hired Eric to oversee the day-to-day operations of the business. What type of broker is Eric? 
 
Active 
Assistant 
Broker-owner 
Managing - ANSWERS -Managing 
 
Samantha is the owner of her own real estate brokerage firm. Which of these is one of her respon...
Voorbeeld 4 van de 55 pagina's
In winkelwagenThe owner of a real estate brokerage firm hired Eric to oversee the day-to-day operations of the business. What type of broker is Eric? 
 
Active 
Assistant 
Broker-owner 
Managing - ANSWERS -Managing 
 
Samantha is the owner of her own real estate brokerage firm. Which of these is one of her respon...
The 1950 case involving the District of Columbia's Washington board of realtors and the national Association of realtors determined that real estate boards that says schedules of fixed or mandatory real estate commissions or fees violated this law - ANSWER -The Sherman antitrust act 
 
When is an a...
Voorbeeld 1 van de 4 pagina's
In winkelwagenThe 1950 case involving the District of Columbia's Washington board of realtors and the national Association of realtors determined that real estate boards that says schedules of fixed or mandatory real estate commissions or fees violated this law - ANSWER -The Sherman antitrust act 
 
When is an a...
Amanda wants to know how long, on average, homes are staying on the market before they sell. What market indicator can give her this information? 
 
Inventory rates 
Price levels 
Sales volume 
Vacancy rates - ANSWER -Inventory rates 
 
Who might be impacted by the expiration of abatements? 
 
Adjoi...
Voorbeeld 4 van de 95 pagina's
In winkelwagenAmanda wants to know how long, on average, homes are staying on the market before they sell. What market indicator can give her this information? 
 
Inventory rates 
Price levels 
Sales volume 
Vacancy rates - ANSWER -Inventory rates 
 
Who might be impacted by the expiration of abatements? 
 
Adjoi...
Statutory laws passed by the Texas Legislature: 
A) Set precedent for future court decisions 
B) Authorize administrative agencies to carry out provisions of the law 
C) Are not designated for penalties and violations assessed against an agent 
D) Designate the civil penalties and punitive damages...
Voorbeeld 4 van de 69 pagina's
In winkelwagenStatutory laws passed by the Texas Legislature: 
A) Set precedent for future court decisions 
B) Authorize administrative agencies to carry out provisions of the law 
C) Are not designated for penalties and violations assessed against an agent 
D) Designate the civil penalties and punitive damages...
List the 15 classifications/persons that are EXEMPT from Real Estate Licensing. - ANSWER -Texas Licensed Attorneys; Court Appointed Receivers, Trustees, Guardians and Sheriffs; Administrators & Executors of a will; On-site-Apartment Managers; New Home Sales Persons working for ONE builder or owner; ...
Voorbeeld 2 van de 6 pagina's
In winkelwagenList the 15 classifications/persons that are EXEMPT from Real Estate Licensing. - ANSWER -Texas Licensed Attorneys; Court Appointed Receivers, Trustees, Guardians and Sheriffs; Administrators & Executors of a will; On-site-Apartment Managers; New Home Sales Persons working for ONE builder or owner; ...
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper SMARTSCORE. Stuvia faciliteert de betaling aan de verkoper.
Nee, je koopt alleen deze samenvatting voor $60.49. Je zit daarna nergens aan vast.
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 87637 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen