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CE Shop Real Estate Course - Practice Course (SB1495 Compliant) CA Exam Questions with Correct Answers

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Gordon is busy preparing transactional paperwork for the property his client is selling. What activities accompany this duty? - Answer-Obtain signatures and provide copies to the parties. Sophie has been working hard since she started as a real estate licensee, but the market is slow, and she has yet to complete a single transaction. What strategy could help her find more listings, even though the market is slow? - Answer-Reaching out to her sphere Hotels, motels, golf courses, resorts, and sporting arenas belong to which of these property categories? - Answer-Leisure Rhonda is considering what her niche should be. Which of the following would make the best niche for her to pursue? - Answer-She could focus on single-family properties that list between $300,000 and $500,000. Michelle always volunteers for floor time. Why might she do this? - Answer-She's hoping for leads. Laura, a new licensee, just started working for broker Bill. Which of the following is a true statement? - Answer-Laura may leave the brokerage and join another at any time. Will is looking at two brokerage offices. The commute to one is 45 minutes, and it's in a neighborhood he intends to farm. The other brokerage is within walking distance of his house. Which office is best for Will's business? - Answer-The commuting one, because he will spend most of his time in the field. Gary is a good broker to his new licensees. That is most likely because he ______. - Answer-Has a robust training program The way in which independent contractors and employees are compensated and how their income is reported to the IRS differ. Which of the following statements describes how independent contractors are compensated and their income reported? - Answer-The worker does not receive a salary and must pay self-employment taxes. Which of the following is a reason that the federal and state government classify workers into taxing categories? - Answer-To determine whether the worker is exempt or non-exempt for purposes of the Fair Labor Standards Act

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Institution
The CE Shop Real Estate
Course
The CE shop real estate

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CE Shop Real Estate Course - Practice
Course (SB1495 Compliant) CA Exam
Questions with Correct Answers
Gordon is busy preparing transactional paperwork for the property his client is selling.
What activities accompany this duty? - Answer-Obtain signatures and provide copies to
the parties.

Sophie has been working hard since she started as a real estate licensee, but the
market is slow, and she has yet to complete a single transaction. What strategy could
help her find more listings, even though the market is slow? - Answer-Reaching out to
her sphere

Hotels, motels, golf courses, resorts, and sporting arenas belong to which of these
property categories? - Answer-Leisure

Rhonda is considering what her niche should be. Which of the following would make the
best niche for her to pursue? - Answer-She could focus on single-family properties that
list between $300,000 and $500,000.

Michelle always volunteers for floor time. Why might she do this? - Answer-She's hoping
for leads.

Laura, a new licensee, just started working for broker Bill. Which of the following is a
true statement? - Answer-Laura may leave the brokerage and join another at any time.

Will is looking at two brokerage offices. The commute to one is 45 minutes, and it's in a
neighborhood he intends to farm. The other brokerage is within walking distance of his
house. Which office is best for Will's business? - Answer-The commuting one, because
he will spend most of his time in the field.

Gary is a good broker to his new licensees. That is most likely because he ______. -
Answer-Has a robust training program

The way in which independent contractors and employees are compensated and how
their income is reported to the IRS differ. Which of the following statements describes
how independent contractors are compensated and their income reported? - Answer-
The worker does not receive a salary and must pay self-employment taxes.

Which of the following is a reason that the federal and state government classify
workers into taxing categories? - Answer-To determine whether the worker is exempt or
non-exempt for purposes of the Fair Labor Standards Act

, For tax purposes, employees are required to complete IRS form W-4. Which IRS form
or forms are independent contractors required to complete? - Answer-W-9 form

Which of the following factors helps the IRS determine whether a licensee is classified
as an employee or an independent contractor? - Answer-Whether the licensee receives
benefits from the brokerage firm

If you're alone at an open house, what should you never post online? - Answer-That
you're alone at an open house

If someone steals this, they could have access to your family, personal information,
contacts, photos, email, and social media accounts. What is it? - Answer-Your cell
phone

Why is it a good idea to turn off location sharing information when using social media? -
Answer-Because potential criminals can use it to find out when you are home and
where your home is located

Showing which of the following can make your loved ones vulnerable? - Answer-Your
family photos

What should you do when working alone in the office? - Answer-Lock doors and
windows

Which of the following is true about performing an Internet search on your name? -
Answer-It can help you monitor your online reputation.

How can privacy tools available on most social networking sites protect your personal
safety? - Answer-They can allow you to control what pictures and information other
people see.

Many lawsuits have been filed against companies that fail to protect the security of
what? - Answer-Confidential client data

Calli is a new licensee. If she wants to succeed in real estate, she should ______. -
Answer-Work hard and stick with it.

You should try to have a face-to-face meeting with each person in your sphere at least
how often? - Answer-Quarterly

Why are most new real estate licensees hesitant to market to their friends and family? -
Answer-They don't want to seem pushy.

Rather than spend money on lead generation programs, new real estate licensees
should focus on which of the following marketing techniques? - Answer-Sphere
marketing

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Institution
The CE shop real estate
Course
The CE shop real estate

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Uploaded on
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Number of pages
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Written in
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