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TEXAS REAL ESTATE BROKERAGE SAE QUESTIONS AND ANSWERS 2025

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TEXAS REAL ESTATE BROKERAGE SAE QUESTIONS AND ANSWERS 2025

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Which entity has the authority to represent the state and citizens of the state in
antitrust cases?


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, Attorney General

The attorney general may bring federal antitrust suits on behalf of
individuals who live within the state, through the legal concept of parens
patriae, or on behalf of the state as a purchaser.




Samantha is a real estate licensee. She's showing her client a property. The client asks
about some spots on the ceiling and wonders if they're an indication of a roof leak.
What should Samantha do?


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Suggest that her client contact a roofing expert to make a determination.




Two large local brokerage firms agreed to lower their commission rates to the same
amount—approximately 1% less than any other firm in town. After extensive marketing
of their new lower rate, these two firms began to see a big increase in the number of
listings they received, costing their competitors substantial amounts of money. What
about this situation makes it a per se antitrust violation?


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The agreement between the two firms




Broker Saul has just signed a written agreement with his newest licensee, Jill, stating
that Jill is an independent contractor. To ensure Jill is properly classified, Saul should
do which of the following?


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, Base her compensation on her sales output




Which of the following best describes a broker's supervisory requirements?


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varied




Which of the following has the legal effect of preventing a person from making a
claim based on her prior behavior or statements?


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Estoppel




In which of the following scenarios is impossibility of contract performance
occurring?


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Due to circumstances beyond their control, the parties can't legally or
practically do what they've agreed to do.




Katrina and Greg are selecting a firm and a licensee to help them sell their home.
They're comparing commission-based and flat-fee listing services. The commission-

, based service will cost more, but they'll have a licensee who performs most of the
work. The flat-fee listing service costs much less, but they'll have to do more of the
work. What marketing model concept will their decision represent?


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Value

Katrina and Greg are comparing the overall value of the services they will
use to sell their home.




When discussing a merger, what would corporate cultural fit relate to?


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Management Style




Which of these leadership traits is useful in a crisis and in establishing work flow?


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Decisiveness




Mortgage Fraud is considered __


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Fraudulent misrepresentation

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