Real Estate Marketing 101 (SAE) Questions and Answers | Latest Update | 2024/2025 | Already Passed
6 views 0 purchase
Course
Real Estate 101
Institution
Real Estate 101
Real Estate Marketing 101 (SAE)
Questions and Answers | Latest Update |
2024/2025 | Already Passed
**What document do agents rely on to determine property ownership and identify potential
issues like easements or judgments?**
**Agents rely on the preliminary title report. This report conf...
Real Estate Marketing 101 (SAE) Questions and Answers | Latest Update | 2024/2025 | Already Passed **What document do agents rely on to determine property ownership and identify potential issues like easements or judgments?** ✔✔ **Agents rely on the preliminary title report. This report confirms the property owner's name and outlines any claims, easemen ts, judgments, or other encumbrances affecting the property.** **Which entities are involved in delivering the property to customers and are part of the place strategy in real estate?** ✔✔ **Title companies, listing agencies, selling agencies, lenders, ap praisers, and others are involved in the place strategy. Agents typically coordinate these activities as the main point of contact for both buyers and sellers.** **Define place utility in real estate.** ✔✔ **Place utility ensures properties are convenient ly located near shopping centers, schools, transportation routes, and cultural centers to meet customer needs.** **Why might unexpectedly high interest rates become an issue for a prospective buyer?** ✔✔ **This affects possession utility, where the proper ty must be deliverable, the buyer capable of purchasing, and financing available at reasonable rates. High interest rates make money less available at affordable rates, impacting possession utility.** **Among the promotional mix activities, which is NOT c onsidered a long -term strategy?** ✔✔ **Personal selling is not a long -term strategy. Long -term activities include publicity, sales promotion, and advertising within the promotional mix.** **What is a channel of distribution associated with in real estate? ** ✔✔ **A channel of distribution is associated with place —ensuring properties are efficiently delivered to customers in desirable locations.** **During which period did buyers have numerous options among products and services?** ✔✔ **Buyers had various c hoices during the marketing era, post -World War II, marking a shift from the sales era where industries focused more on meeting buyer preferences and needs.** **Which aspect of the market is easiest to change in response to market conditions?**
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller SterlingScores. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.55. You're not tied to anything after your purchase.
