Champions Real Estate Marketing SAE
Comprehensive Resource To Help You Ace 2026-2027 Exams
Includes Frequently Tested Questions With ELABORATED
100% Correct COMPLETE SOLUTIONS
Guaranteed Pass First Attempt!! Current Update!!
1. Sales Associate - Correct Answer: Sales Associate - a sales agent license
holder associated with and conducting business as an agent of his or her
sponsoring broker.
2. Sales Agent License Holder - Correct Answer: Sales Agent License Holder
- an agent of the sponsoring broker. They may do business only through
their sponsoring broker.
3. Broker Associate - Correct Answer: Broker Associate - a broker
associated with and conducting all or part of his or her business as an agent
of another broker.
4. Personal Assistants - Correct Answer: Personal Assistants - may be
either licensed or unlicensed.
5. Transaction specialist/coordinator - Correct Answer: Transaction
specialist/coordinator - provides customer service by communicating with
clients to
keep them prepared for each step of the transaction. They handle the
paperwork, making sure that the right documents and disclosures are used.
, Many clients look for brokerages that have in-house transaction
specialists/coordinators.
6. Teams - Correct Answer: Teams - work with the broker behind the
scenes. Team members could include marketing personnel, receptionists,
and photographers.
7. less risk equals lower returns. - Correct Answer: A general premise in
investing - any kind of investing - is that less risk equals lower returns.
8. The general partner of a limited partnership - Correct Answer: The
general partner of a limited partnership is personally liable for the liabilities
of the limited partnership.
9. DBA - Correct Answer: DBAs must be registered in the county in which
the business is located as well as the state
10.Mission statement - Correct Answer: The ___________ announces to
the world what the company's long-term goals will be.
11.Budget - Correct Answer: According to the text, the three main
categories that should be addressed during the planning phase are:
operational planning, _____________, and time planning
,12.6 months to 2 years' worth - Correct Answer: How much cash reserves
do industry experts recommend new brokerages have available for
operating expenses?
13.Goods - Correct Answer: tangible chattel
14.Services - Correct Answer: work, labor, brokerage
15.Statutory defenses - Correct Answer: arise out of law
16.Illegal boycott - Correct Answer: an agreement between competitors
not
to do business with another competitor in order to make him or her change
business practices
17.Listing Agreement - Correct Answer: employment contract between a
seller
and a broker
18.Americans With Disabilities Act (ADA) - Correct Answer: prohibits
discrimination against those with disabilities by denying them the full and
equal enjoyment of goods, facilities, accommodations, services and
privileges.
19.Truth In Lending Act (TILA) - Correct Answer: protects consumers by
providing them with complete information regarding loans and the actual
, cost of borrowing, including interest and all other charges associated with
the loan.
20.Real Estate Settlement Procedures Act (RESPA) - Correct Answer:
ensures that consumers throughout the nation are provided with more
helpful information about the cost of the mortgage settlement and are
protected from unnecessarily high settlement charges caused by certain
abusive practices
21.Securities Act of 1933 - Correct Answer: Securities Act of 1933 -
prohibits deceit in the sale of securities and provides for the complete and
accurate disclosure of all information to potential investors.
22.Sherman Anti-Trust Act - Correct Answer: Sherman Anti-Trust Act -
prevents any combination in restraint of trade. Commission rates must
always be a matter of negotiation between the broker and the client. any
hint that there is a "standard" or "going rate' for commissions in a given
market area could be evidence of violation and restraint of trade. Any
attempt to boycott a discount real estate broker is a violation.
23.Texas Free Enterprise and Anti-Trust Act - Correct Answer: Texas Free
Enterprise and Anti-Trust Act - prohibits any attempt to fix prices, limit
competition
by assigning market areas, or boycotting of discount brokers. An illegal
boycott is an agreement among two or more competitors not to do
business with another competitor for the purpose of inducing the other
competitor to change its business practices. The state law is enforced by the
Texas Attorney General.
Comprehensive Resource To Help You Ace 2026-2027 Exams
Includes Frequently Tested Questions With ELABORATED
100% Correct COMPLETE SOLUTIONS
Guaranteed Pass First Attempt!! Current Update!!
1. Sales Associate - Correct Answer: Sales Associate - a sales agent license
holder associated with and conducting business as an agent of his or her
sponsoring broker.
2. Sales Agent License Holder - Correct Answer: Sales Agent License Holder
- an agent of the sponsoring broker. They may do business only through
their sponsoring broker.
3. Broker Associate - Correct Answer: Broker Associate - a broker
associated with and conducting all or part of his or her business as an agent
of another broker.
4. Personal Assistants - Correct Answer: Personal Assistants - may be
either licensed or unlicensed.
5. Transaction specialist/coordinator - Correct Answer: Transaction
specialist/coordinator - provides customer service by communicating with
clients to
keep them prepared for each step of the transaction. They handle the
paperwork, making sure that the right documents and disclosures are used.
, Many clients look for brokerages that have in-house transaction
specialists/coordinators.
6. Teams - Correct Answer: Teams - work with the broker behind the
scenes. Team members could include marketing personnel, receptionists,
and photographers.
7. less risk equals lower returns. - Correct Answer: A general premise in
investing - any kind of investing - is that less risk equals lower returns.
8. The general partner of a limited partnership - Correct Answer: The
general partner of a limited partnership is personally liable for the liabilities
of the limited partnership.
9. DBA - Correct Answer: DBAs must be registered in the county in which
the business is located as well as the state
10.Mission statement - Correct Answer: The ___________ announces to
the world what the company's long-term goals will be.
11.Budget - Correct Answer: According to the text, the three main
categories that should be addressed during the planning phase are:
operational planning, _____________, and time planning
,12.6 months to 2 years' worth - Correct Answer: How much cash reserves
do industry experts recommend new brokerages have available for
operating expenses?
13.Goods - Correct Answer: tangible chattel
14.Services - Correct Answer: work, labor, brokerage
15.Statutory defenses - Correct Answer: arise out of law
16.Illegal boycott - Correct Answer: an agreement between competitors
not
to do business with another competitor in order to make him or her change
business practices
17.Listing Agreement - Correct Answer: employment contract between a
seller
and a broker
18.Americans With Disabilities Act (ADA) - Correct Answer: prohibits
discrimination against those with disabilities by denying them the full and
equal enjoyment of goods, facilities, accommodations, services and
privileges.
19.Truth In Lending Act (TILA) - Correct Answer: protects consumers by
providing them with complete information regarding loans and the actual
, cost of borrowing, including interest and all other charges associated with
the loan.
20.Real Estate Settlement Procedures Act (RESPA) - Correct Answer:
ensures that consumers throughout the nation are provided with more
helpful information about the cost of the mortgage settlement and are
protected from unnecessarily high settlement charges caused by certain
abusive practices
21.Securities Act of 1933 - Correct Answer: Securities Act of 1933 -
prohibits deceit in the sale of securities and provides for the complete and
accurate disclosure of all information to potential investors.
22.Sherman Anti-Trust Act - Correct Answer: Sherman Anti-Trust Act -
prevents any combination in restraint of trade. Commission rates must
always be a matter of negotiation between the broker and the client. any
hint that there is a "standard" or "going rate' for commissions in a given
market area could be evidence of violation and restraint of trade. Any
attempt to boycott a discount real estate broker is a violation.
23.Texas Free Enterprise and Anti-Trust Act - Correct Answer: Texas Free
Enterprise and Anti-Trust Act - prohibits any attempt to fix prices, limit
competition
by assigning market areas, or boycotting of discount brokers. An illegal
boycott is an agreement among two or more competitors not to do
business with another competitor for the purpose of inducing the other
competitor to change its business practices. The state law is enforced by the
Texas Attorney General.
