Real Estate Brokerage SAE - Champion's School of Real Estate- 291 Questions- With Complete Solutions

Search Engine Optimization (SEO) correct answer: The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live correct answer: Video streaming through facebook. CoStar Database correct answer: Functions much like a residential MLS, connecting commercial agents with brokerages, owners, lenders, property managers, appraisers, and investors. Virtual Reality (VR) correct answer: A computer-generated image or environment that can be interacted with by using special electronic equipment Augmented Reality (AR) correct answer: Provides a modified view of reality for the user Artificial Intelligence (AI) correct answer: A way of describing intelligence exhibited by machines Google Analytics correct answer: A powerful analytic software MLS Systems correct answer: The gold standard in data collection, processing, and dissemination in the real estate industry for years. Millennial Generation correct answer: People reaching young adulthood in the early part of the 21st century What does a consumer want from their brokerage? correct answer: - hyper-personalization - high online ratings - high level customer service - marketing that creates interest - give back to community - deeper relationship with agent Mission Statement correct answer: Announces to the world what the company's long-term goals are, describing the overall purpose of the organization. Value Statement correct answer: Define how a company's work will be accomplished, articulating a set of beliefs and principles that guide the way the company conducts business. Action Plan correct answer: Outlines the steps, approaches and