Texas Real Estate Marketing Exam with all Correct &
100% Verified Answers |Actual Complete Update |
Already Graded A+
Online research, onsite observation, CMA creation, and market plan development are all
components of: ✔Correct Answer-A marketing plan
What is the name for a report that compares the prices of recently sold homes ("comparables")
in order to estimate the market value of a similar property (the "subject property") located in
the same area? ✔Correct Answer-Comparative market analysis (CMA)
Which of the following represent a buyer's emotional phase in the purchase process?
✔Correct Answer-The status that comes with living in a wealthy neighborhood is very desirable
to Neil.
The concept of learning styles has been recently replaced by a learning model known as:
✔Correct Answer-Theory of multiple intelligences
You're an agent. Your buyer is about to make an offer. Then he says to you, "I feel like things are
moving too fast. I'd rather wait to make an offer and think about it a little more."
What emotion or trait is your buyer likely motivated by when he says this? ✔Correct Answer-
Fear
Agent Elena creates a monthly neighborhood newsletter that shares information about how
homes are selling in the area. She artist publicizes upcoming neighborhood activities that she is
sponsoring.
What type of market activity would this be considered? ✔Correct Answer-micro market
Agent Ana receives three offers: one for $200,00, one for $210,000, and one for $220,000.
Which ones should she present to her seller-client? ✔Correct Answer-all of them
The four broad categories that buyers fall into include first-time buyers, buyers changing homes
in an area (aka moving-up buyers), investor buyers, and: ✔Correct Answer-Relocator
As an agent, what is your role when it comes to pricing a property? ✔Correct Answer-To
advise, support, and counsel the seller, who will ultimately make the final decision
What can you use to analyze the outcome of your social media campaigns? ✔Correct Answer-
Social measurement tools
, What is the term for targeting a particular demographic within a given geographical area?
✔Correct Answer-Demographic farming
The Texas Real Estate License Act is an example of: ✔Correct Answer-Laws
When a client fires an agent, we refer to this as agency termination by: ✔Correct Answer-
Revocation
What could cause buyers to perceive a defect in a property that isn't really there? ✔Correct
Answer-Staying too long on the market
On what kind of website would prospects find information about all of the sales agents that
work for a real estate firm? ✔Correct Answer-A brokerage website
The SWOT analysis is a qualitative framework tool.
What does SWOT stand for? ✔Correct Answer-Strengths, weakness, opportunities, and
threats
Which of the following are examples of institutional advertising? ✔Correct Answer-Balloons
with brokerage logo handed out at a county fair
What does the term "automatic feeds" refer to? ✔Correct Answer-A web service subscription
that adds relevant published stories to new releases to a website or news feed
The three most common types of misrepresentation are: ✔Correct Answer-Innocent,
negligent, fraudulent
What is a wet signature? ✔Correct Answer-An ink signature on a physical document
The Ramirezes are a newlywed couple for whom everything is a "first" including their first foray
into real estate. You're their buyer's agent. What is your role likely to be? ✔Correct Answer-
You will need to guide them extensively through the process of figuring out what they can
afford, where to get financing, and what the market looks like.
With a conventional loan, the lender typically asks for what percentage of the down payment?
✔Correct Answer-20%
What is a confirming loan? ✔Correct Answer-A loan that follows the guidelines set out by
Fannie Mae and Freddie Mac
Commission is: ✔Correct Answer-Paid to the broker directly
100% Verified Answers |Actual Complete Update |
Already Graded A+
Online research, onsite observation, CMA creation, and market plan development are all
components of: ✔Correct Answer-A marketing plan
What is the name for a report that compares the prices of recently sold homes ("comparables")
in order to estimate the market value of a similar property (the "subject property") located in
the same area? ✔Correct Answer-Comparative market analysis (CMA)
Which of the following represent a buyer's emotional phase in the purchase process?
✔Correct Answer-The status that comes with living in a wealthy neighborhood is very desirable
to Neil.
The concept of learning styles has been recently replaced by a learning model known as:
✔Correct Answer-Theory of multiple intelligences
You're an agent. Your buyer is about to make an offer. Then he says to you, "I feel like things are
moving too fast. I'd rather wait to make an offer and think about it a little more."
What emotion or trait is your buyer likely motivated by when he says this? ✔Correct Answer-
Fear
Agent Elena creates a monthly neighborhood newsletter that shares information about how
homes are selling in the area. She artist publicizes upcoming neighborhood activities that she is
sponsoring.
What type of market activity would this be considered? ✔Correct Answer-micro market
Agent Ana receives three offers: one for $200,00, one for $210,000, and one for $220,000.
Which ones should she present to her seller-client? ✔Correct Answer-all of them
The four broad categories that buyers fall into include first-time buyers, buyers changing homes
in an area (aka moving-up buyers), investor buyers, and: ✔Correct Answer-Relocator
As an agent, what is your role when it comes to pricing a property? ✔Correct Answer-To
advise, support, and counsel the seller, who will ultimately make the final decision
What can you use to analyze the outcome of your social media campaigns? ✔Correct Answer-
Social measurement tools
, What is the term for targeting a particular demographic within a given geographical area?
✔Correct Answer-Demographic farming
The Texas Real Estate License Act is an example of: ✔Correct Answer-Laws
When a client fires an agent, we refer to this as agency termination by: ✔Correct Answer-
Revocation
What could cause buyers to perceive a defect in a property that isn't really there? ✔Correct
Answer-Staying too long on the market
On what kind of website would prospects find information about all of the sales agents that
work for a real estate firm? ✔Correct Answer-A brokerage website
The SWOT analysis is a qualitative framework tool.
What does SWOT stand for? ✔Correct Answer-Strengths, weakness, opportunities, and
threats
Which of the following are examples of institutional advertising? ✔Correct Answer-Balloons
with brokerage logo handed out at a county fair
What does the term "automatic feeds" refer to? ✔Correct Answer-A web service subscription
that adds relevant published stories to new releases to a website or news feed
The three most common types of misrepresentation are: ✔Correct Answer-Innocent,
negligent, fraudulent
What is a wet signature? ✔Correct Answer-An ink signature on a physical document
The Ramirezes are a newlywed couple for whom everything is a "first" including their first foray
into real estate. You're their buyer's agent. What is your role likely to be? ✔Correct Answer-
You will need to guide them extensively through the process of figuring out what they can
afford, where to get financing, and what the market looks like.
With a conventional loan, the lender typically asks for what percentage of the down payment?
✔Correct Answer-20%
What is a confirming loan? ✔Correct Answer-A loan that follows the guidelines set out by
Fannie Mae and Freddie Mac
Commission is: ✔Correct Answer-Paid to the broker directly
