Bundled Texas Real Estate Exams with latest verified solution

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...

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...

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 ...

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...

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

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...