TEXAS SAE REAL ESTATE Brokerage
exam questions with answers
Executive Summary - ** VERIFIED ANSWERS **✔✔Most business
plans include a synopsis of the plan as a whole, designed to be read
by shareholders, lenders, and other third parties with an interest in
learning about the organization. What is this synopsis called?
An indication that the worker wont be treated as an employee. - **
VERIFIED ANSWERS **✔✔Which of these should a brokerage's
independent contractor agreements include?
Brainstorming and focus groups are a big part of this style of
management. - ** VERIFIED ANSWERS **✔✔Participatory
Who is behaving unethically in the following scenarios? - **
VERIFIED ANSWERS **✔✔A licensee who doesn't show potential
buyers a home because he believes they aren't a cultural fit.
Serious damage to the firm's brand or reputation can occur as a
result of ______. - ** VERIFIED ANSWERS **✔✔A single large event or
a pattern of smaller events
Which of these scenarios would best be solved with short-term
financing? - ** VERIFIED ANSWERS **✔✔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.
A leader who displays the quality of being a visionary is able to do
what? - ** VERIFIED ANSWERS **✔✔Look ahead at trends to meet
future market demands
,Which of the following gives employers the right to hire and fire
people with or without a reasonable cause? - ** VERIFIED ANSWERS
**✔✔The doctrine of employment-at-will
Forecasters predict a huge spring blizzard. Jarrod's not concerned
about operations because everyone could use a couple of days off,
anyway. The snow will melt eventually. What long-term issues could
arise that would cause more damage than Jarrod realizes? - **
VERIFIED ANSWERS **✔✔Damage to the building from the storm and
melting snow could destroy Jarrod's office and records.
What's the last stage of a business life cycle? - ** VERIFIED
ANSWERS **✔✔Death
To be effective, the wording of a brokerage's code of ethics must be
______. - ** VERIFIED ANSWERS **✔✔Specific
What's the purpose of a firewall? - ** VERIFIED ANSWERS **✔✔It
prevents hackers from infecting your system with viruses, worms,
and malware.
Broker Jill is conducting the exit interview with one of her licensees,
who is heading to a larger brokerage. Which of the following is an
appropriate exit interview question for Jill to ask? - ** VERIFIED
ANSWERS **✔✔"What did you enjoy about working here?"
If a minor enters into a contract with an adult, which of the
following is true? - ** VERIFIED ANSWERS **✔✔The minor may legally
hold the adult to the contract, but the adult cannot legally hold the
minor to the contract.
Which of the following is an example of horizontal growth? - **
VERIFIED ANSWERS **✔✔Adding a commercial sales venture to a
residential sales office
, When is an agency disclosure form required? - ** VERIFIED
ANSWERS **✔✔Any time real estate matters are discussed between
an agent and a consumer
Which of these professional development opportunities is the best
way for a licensee to receive a quick introduction to a topic from an
expert, or to dive more deeply into an area with other experienced
professionals? - ** VERIFIED ANSWERS **✔✔Real Estate Seminar
Why is it important to understand the needs of different
generations? - ** VERIFIED ANSWERS **✔✔When you define your
niche, you can appeal to the needs of the generations in your
market.
Jorge works at a firm where elected officers govern the affairs of the
organization, while a licensed broker, Shonda, is directly
responsible for the real estate transactions. The officers and Shonda
are responsible to a large number of stockholders. What type of
legal structure is this? - ** VERIFIED ANSWERS **✔✔Corporation
Broker Allen just had a licensee leave work screaming obscenities
and shouting about a dispute with another licensee. Allen needs to
use one of his leadership qualities and act ______ to take care of the
situation without undue delay. - ** VERIFIED ANSWERS
**✔✔Decisively
The ______ component involves trading value for your offerings. - **
VERIFIED ANSWERS **✔✔Exchanging
What is the purpose of tracking industry and economic trends? - **
VERIFIED ANSWERS **✔✔To provide information about external
events that might impact the brokerage
exam questions with answers
Executive Summary - ** VERIFIED ANSWERS **✔✔Most business
plans include a synopsis of the plan as a whole, designed to be read
by shareholders, lenders, and other third parties with an interest in
learning about the organization. What is this synopsis called?
An indication that the worker wont be treated as an employee. - **
VERIFIED ANSWERS **✔✔Which of these should a brokerage's
independent contractor agreements include?
Brainstorming and focus groups are a big part of this style of
management. - ** VERIFIED ANSWERS **✔✔Participatory
Who is behaving unethically in the following scenarios? - **
VERIFIED ANSWERS **✔✔A licensee who doesn't show potential
buyers a home because he believes they aren't a cultural fit.
Serious damage to the firm's brand or reputation can occur as a
result of ______. - ** VERIFIED ANSWERS **✔✔A single large event or
a pattern of smaller events
Which of these scenarios would best be solved with short-term
financing? - ** VERIFIED ANSWERS **✔✔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.
A leader who displays the quality of being a visionary is able to do
what? - ** VERIFIED ANSWERS **✔✔Look ahead at trends to meet
future market demands
,Which of the following gives employers the right to hire and fire
people with or without a reasonable cause? - ** VERIFIED ANSWERS
**✔✔The doctrine of employment-at-will
Forecasters predict a huge spring blizzard. Jarrod's not concerned
about operations because everyone could use a couple of days off,
anyway. The snow will melt eventually. What long-term issues could
arise that would cause more damage than Jarrod realizes? - **
VERIFIED ANSWERS **✔✔Damage to the building from the storm and
melting snow could destroy Jarrod's office and records.
What's the last stage of a business life cycle? - ** VERIFIED
ANSWERS **✔✔Death
To be effective, the wording of a brokerage's code of ethics must be
______. - ** VERIFIED ANSWERS **✔✔Specific
What's the purpose of a firewall? - ** VERIFIED ANSWERS **✔✔It
prevents hackers from infecting your system with viruses, worms,
and malware.
Broker Jill is conducting the exit interview with one of her licensees,
who is heading to a larger brokerage. Which of the following is an
appropriate exit interview question for Jill to ask? - ** VERIFIED
ANSWERS **✔✔"What did you enjoy about working here?"
If a minor enters into a contract with an adult, which of the
following is true? - ** VERIFIED ANSWERS **✔✔The minor may legally
hold the adult to the contract, but the adult cannot legally hold the
minor to the contract.
Which of the following is an example of horizontal growth? - **
VERIFIED ANSWERS **✔✔Adding a commercial sales venture to a
residential sales office
, When is an agency disclosure form required? - ** VERIFIED
ANSWERS **✔✔Any time real estate matters are discussed between
an agent and a consumer
Which of these professional development opportunities is the best
way for a licensee to receive a quick introduction to a topic from an
expert, or to dive more deeply into an area with other experienced
professionals? - ** VERIFIED ANSWERS **✔✔Real Estate Seminar
Why is it important to understand the needs of different
generations? - ** VERIFIED ANSWERS **✔✔When you define your
niche, you can appeal to the needs of the generations in your
market.
Jorge works at a firm where elected officers govern the affairs of the
organization, while a licensed broker, Shonda, is directly
responsible for the real estate transactions. The officers and Shonda
are responsible to a large number of stockholders. What type of
legal structure is this? - ** VERIFIED ANSWERS **✔✔Corporation
Broker Allen just had a licensee leave work screaming obscenities
and shouting about a dispute with another licensee. Allen needs to
use one of his leadership qualities and act ______ to take care of the
situation without undue delay. - ** VERIFIED ANSWERS
**✔✔Decisively
The ______ component involves trading value for your offerings. - **
VERIFIED ANSWERS **✔✔Exchanging
What is the purpose of tracking industry and economic trends? - **
VERIFIED ANSWERS **✔✔To provide information about external
events that might impact the brokerage
