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Exam (elaborations)

Real Estate Brokerage SAE Champions Question and answers rated A+

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Real Estate Brokerage SAE Champions Question and answers rated A+Manager numbers related to number of agents 10 Disadvantages of being a broker The broker is responsible for his or her own health insurance benefits. The amount of the broker's paycheck is not consistent.The broker must plan for his or her own retirement. The broker is responsible for putting aside enough to cover his or her taxes. The broker is responsible for the activities of all sponsored agents at the brokerage. The fear of the unknown. Lean Management consistently evaluating and improving efficiency to maximize what it is that customers value about your business, always with an eye out for cost reductionthe overuse of emails to clients, generating reports and metrics that no one reviews or discusses, filling out a listing agreement before a customer has agreed to list with you.Improper training of sales agents or staff would also fall under this category Variable Expenses in the brokerage business • Transaction expense (including commissions, franchise fees, referral fees, etc.) • Salaries (including the brokers' salary, all employees, and employee benefits) • Rent or mortgage payments • Advertising and marketing • Service fees • Supplies and equipment • Taxes

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Uploaded on
July 20, 2024
Number of pages
14
Written in
2023/2024
Type
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Questions & answers

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