TEXAS REAL ESTATE BROKERAGE SAE FINAL EXAM AND PRACTICE EXAM NEWEST 2025
ACTUAL EXAM 450 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
Why should a business owner evaluate the competition's affiliations? - ...ANSWER...To
determine what help or hindrance the association provides
A small brokerage isn't required to comply with anti- discrimination laws enforced by the
Equal Employment Opportunity Commission, but it still has strict policies in its brokerage
manual regarding discriminatory behavior at the brokerage. Why? - ...ANSWER...Because
other state and federal laws, beyond those enforced by the EEOC, can put the brokerage in
legal trouble if discrimination occurs there
The Occupational Safety and Health Act primarily addresses the rights of which
classification of employees? -
...ANSWER...Employees
You're a broker, and lately you've noticed that three of your licensees seem to be
constantly sniping at each other. It's affecting everyone at the brokerage. What should
you do? -
...ANSWER...Talk to them each individually to clarify the
situation.
Which of these scenarios would best be solved with short- term financing? -
...ANSWER...Your forecast shows that you won't be able to fully fund operations in
February and March, but the rest of the year looks great.
Under what conditions can a licensee contact sellers who are under an exclusive listing
agreement with another agent? -
...ANSWER...Only to arrange a showing to a buyer
,Because there's likely to be some when companies
merge, the transition plan should address retraining and retaining over dismissal and
should be established before the merger occurs. - ...ANSWER...Redundancy
Carmen's original one-year commercial lease has ended, and now, with her landlord's
permission, she has gone into a month-to-month lease situation. What type of clause
was in the original lease agreement that enabled this situation to occur? -
...ANSWER...Automatic renewal
What's the best definition of a direct expense? -
...ANSWER...An expense that wouldn't exist if no sale had been made
What feature of a computer system enables teleconferencing?
- ...ANSWER...Networking
The Texas Deceptive Trade Practices-Consumer Protection Act (DTPA) protects
consumers against real estate licensees who . - ...ANSWER...Use lies,
misrepresentations, fraud, or other deceptive practices or acts to advertise or sell real
estate
Who has the most valuable information about your firm's operations to assist in identifying
potential risk? -
...ANSWER...You and your staff
Dominic works for Omen Brokerage. He's responsible for supervising the activities of
licensees and unlicensed employees at the office. In which staffing category does his
position fall? - ...ANSWER...Manager
,Janine took a photograph of a lovely, sweeping estate and, with the approval of her
broker, wants to use the photo as her logo. Which of the following would a graphic artist
indicate is the primary concern? - ...ANSWER...The complexity of the image
Which of the following is a true statement about a brokerage's building safety? -
...ANSWER...Tall hedges near the entrance pose a problem.
Which of these is an action a broker should take after a sales meeting? - ...ANSWER...Send
out a recap of the key points from the meeting to all associates
Minimum wage requirements for employees are established in the federal .-
...ANSWER...Fair Labor Standards Act (FLSA)
Which of the following economic indicators most closely relates to consumer confidence? -
...ANSWER...CCI
Which is most closely related to the dramatic increase in the number of touches you must
have in order to be remembered by your target audience? - ...ANSWER...The general
bombardment of messages everyone receives daily
Sam and Monique knew that the old industrial site that they purchased needed some
environmental cleanup, but they don't have the cash and put cleanup on hold. The EPA
hired its own crew to deal with groundwater issues because of industrial solvents and
billed Sam and Monique $164,000 when the job was complete. If Sam and Monique don't
pay the bill, which
, one of the following could happen? - ...ANSWER...The EPA can seek damages in court for
up to three times the actual cleanup costs.
When a sales contract doesn't cover the terms needed by the parties, which of the
following actions is a licensee allowed to take? - ...ANSWER...Add a standard addendum
using standard language.
Five competing brokerage firms in the same area agreed to cooperate in setting a
standard commission rate for the area. This makes them guilty of a per se antitrust
violation. What is a per se antitrust violation? - ...ANSWER...No intent needs to be proven
Rich is a sole proprietor who has no staff. If he grows his business to a four-agent firm,
which of the following can he expect? - ...ANSWER...Increased revenue
Which of the following is an industry trend that a brokerage should track? -
...ANSWER...Average days on market
Marsha is reviewing a market analysis to help her determine the location of her new
brokerage office. What data should she look for? - ...ANSWER...What current tenants pay for
rent and utilities
What is the purpose of strategic business planning -
...ANSWER...To help reach the business goal by determining the method by which the goal
can be achieved
ACTUAL EXAM 450 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
Why should a business owner evaluate the competition's affiliations? - ...ANSWER...To
determine what help or hindrance the association provides
A small brokerage isn't required to comply with anti- discrimination laws enforced by the
Equal Employment Opportunity Commission, but it still has strict policies in its brokerage
manual regarding discriminatory behavior at the brokerage. Why? - ...ANSWER...Because
other state and federal laws, beyond those enforced by the EEOC, can put the brokerage in
legal trouble if discrimination occurs there
The Occupational Safety and Health Act primarily addresses the rights of which
classification of employees? -
...ANSWER...Employees
You're a broker, and lately you've noticed that three of your licensees seem to be
constantly sniping at each other. It's affecting everyone at the brokerage. What should
you do? -
...ANSWER...Talk to them each individually to clarify the
situation.
Which of these scenarios would best be solved with short- term financing? -
...ANSWER...Your forecast shows that you won't be able to fully fund operations in
February and March, but the rest of the year looks great.
Under what conditions can a licensee contact sellers who are under an exclusive listing
agreement with another agent? -
...ANSWER...Only to arrange a showing to a buyer
,Because there's likely to be some when companies
merge, the transition plan should address retraining and retaining over dismissal and
should be established before the merger occurs. - ...ANSWER...Redundancy
Carmen's original one-year commercial lease has ended, and now, with her landlord's
permission, she has gone into a month-to-month lease situation. What type of clause
was in the original lease agreement that enabled this situation to occur? -
...ANSWER...Automatic renewal
What's the best definition of a direct expense? -
...ANSWER...An expense that wouldn't exist if no sale had been made
What feature of a computer system enables teleconferencing?
- ...ANSWER...Networking
The Texas Deceptive Trade Practices-Consumer Protection Act (DTPA) protects
consumers against real estate licensees who . - ...ANSWER...Use lies,
misrepresentations, fraud, or other deceptive practices or acts to advertise or sell real
estate
Who has the most valuable information about your firm's operations to assist in identifying
potential risk? -
...ANSWER...You and your staff
Dominic works for Omen Brokerage. He's responsible for supervising the activities of
licensees and unlicensed employees at the office. In which staffing category does his
position fall? - ...ANSWER...Manager
,Janine took a photograph of a lovely, sweeping estate and, with the approval of her
broker, wants to use the photo as her logo. Which of the following would a graphic artist
indicate is the primary concern? - ...ANSWER...The complexity of the image
Which of the following is a true statement about a brokerage's building safety? -
...ANSWER...Tall hedges near the entrance pose a problem.
Which of these is an action a broker should take after a sales meeting? - ...ANSWER...Send
out a recap of the key points from the meeting to all associates
Minimum wage requirements for employees are established in the federal .-
...ANSWER...Fair Labor Standards Act (FLSA)
Which of the following economic indicators most closely relates to consumer confidence? -
...ANSWER...CCI
Which is most closely related to the dramatic increase in the number of touches you must
have in order to be remembered by your target audience? - ...ANSWER...The general
bombardment of messages everyone receives daily
Sam and Monique knew that the old industrial site that they purchased needed some
environmental cleanup, but they don't have the cash and put cleanup on hold. The EPA
hired its own crew to deal with groundwater issues because of industrial solvents and
billed Sam and Monique $164,000 when the job was complete. If Sam and Monique don't
pay the bill, which
, one of the following could happen? - ...ANSWER...The EPA can seek damages in court for
up to three times the actual cleanup costs.
When a sales contract doesn't cover the terms needed by the parties, which of the
following actions is a licensee allowed to take? - ...ANSWER...Add a standard addendum
using standard language.
Five competing brokerage firms in the same area agreed to cooperate in setting a
standard commission rate for the area. This makes them guilty of a per se antitrust
violation. What is a per se antitrust violation? - ...ANSWER...No intent needs to be proven
Rich is a sole proprietor who has no staff. If he grows his business to a four-agent firm,
which of the following can he expect? - ...ANSWER...Increased revenue
Which of the following is an industry trend that a brokerage should track? -
...ANSWER...Average days on market
Marsha is reviewing a market analysis to help her determine the location of her new
brokerage office. What data should she look for? - ...ANSWER...What current tenants pay for
rent and utilities
What is the purpose of strategic business planning -
...ANSWER...To help reach the business goal by determining the method by which the goal
can be achieved
