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Champions Commercial Real Estate- SAE Questions and answers latest update

Equitable Ownership - correct answer A person that owns some sort of beneficial interest in the property The amendments clarify that a licensed business entity becomes inactive when - correct answer It is no longer qualified to transact in Texas, the brokers license is suspended, or involves probated suspension To host an open house you must - correct answer be a license holder / pass a criminal background check The Lease Listing Agent - correct answer Hired to work in the best interest of t...

Price - correct answer The most common reason a property fails to sell is __________. Marketing - correct answer Matching human needs with goods or services to meet those needs is the process of ____ agent - correct answer Problem solving is a key personality trait of a successful ___ D in AIDA stand for - correct answer Desire Four P's of Marketing - correct answer Product, Price, Place, Promotion A-I-D-A - correct answer The four psychological steps of a sale, attention, interest, desir...

Productivity Management - correct answer Measuring the results from the use of available systems and tools for prospecting activities CRM - correct answer Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - correct answer A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of business Management plan - correct answer A schedule of activities that creates the ability to measure ...

Uses of SEO's - correct answer Search Engine Optimization Employs strategies that promote your site up in the ranks of search results. Use of Forms -- CMA, IABS Seller's Disclosure - correct answer IABS-Information about Brokerage services Types of inflation - correct answer Monetary Inflation Demand-pull inflation Cost-Push inflation CMA - correct answer Comparative Market Analysis Determine a reasonable market value for a property Monetary inflation - correct answer excess of money ...

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...

General Lien (also Statatory) - correct answer attaches to all the property of the debtor, not exempt from forced sale (Example: a judgment or IRS lien) Diplomacy - correct answer the ability to handle clients and situations in a sensitive and effective way - is critical in commercial real estate, and a lack of it can expose you immediately as a beginner. DTPA - correct answer The Deceptive Trade Practices Act (DTPA) is a Texas law that was passed in 1973. It allows an aggrieved consumer to...

Most common reason a property fails to sell is - price Matching human needs with goods or services to meet those needs is the process of - marketing _____________________ is a key personality trait of a successful agent - problem solving 3 Ways Sales Agents Add Value to the Buying Process - Counseling, Negotiating, and Managing the transaction Four P's of marketing real estate - product, promotion, price and place How can you know your product? - Inspect company listings • Travel your ...

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