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Champions BROKERAGE SAE - CH 1 QUESTIONS AND ANSWERS RATED A+ 2024/2025
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Champions BROKERAGE SAE - CH 1 QUESTIONS AND ANSWERS RATED A+ 2024/2025
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Champions BROKERAGE SAE - CH 1CoStar - ANSCommercial real estate internet site much like a residential MLS
Augmented Reality - ANSEnhances the person's cutting-edge notion and experience of reality
Artificial Intelligence - ANSintelligence exhibited through machines
Analytics - ANSCollect and tune virtual facts from web sites, apps
and offline repositories
MLS - ANSThe long-status gold popular in information series
for real property marketers
Virtual Reality - ANSfollowing traits in real estate brokerage offers consumers the possibility to
excursion
residences from the consolation of their very own houses?
More slowly than - ANSAccording to the Bureau of Labor Statistics, employment of real estate
agents and income sellers
is projected to develop ___________ the common for all occupations.
Over 65 - ANSWhich age demographic is the largest inside the country in line with the U.S.
Census Bureau?
Search Engine Optimization (search engine marketing) - ANSSEO (Search Engine
Optimization) toolset
that enables groups improve their seek visibility and improve their web site scores on the
Internet.
Millennial Generation - ANSare poised to take over as the leaders of enterprise. Millennials are
tech savvy, urban centered, and extremely encouraged and entrepreneurial.
AUGMENTED REALITY - ANSLike virtual reality, augmented fact (AR) affords a changed view
of fact for the person.
ARTIFICIAL INTELLIGENCE - ANSThe concept of artificial intelligence (A.I.), at its maximum
fundamental, is a manner of describing intelligence exhibited with the aid of machines.
During intervals of declining monetary pastime or growing
hobby fees, the amount of work for brokers and sellers will - ANSslow and employment might
also decline.
,According to the U.S. Census Bureau
, the most important age demographic inside the usa is those over_________ years of age. This
demographic, by and massive, will maintain to have vast have an effect on in all
industries and markets.
That stated, those inside the Millennial Generation are poised to take over because the leaders
of industry. - ANS65
Disruption of business, inside the conventional experience, has been perceived to be a negative
occurrence, regularly resulting in lost
sales and earnings. - ANS"disruption".
Jargon, disruption manner to break unfastened from conference and shake up workouts
and habits, changing the manner that a business has traditionally notion and behaved within the
beyond in
order to innovate. It is thru disruption that new markets can be discovered, new products
created, and new values installed. Innovation thru disruption can displace the extra hooked up
companies which have lengthy possessed the highest market proportion. - ANSjargon,
disruption
challenge declaration - ANSThe assignment announcement describes the overall reason of the
employer. Mission statements have a tendency to be extra effective when they no longer most
effective describe the paintings the corporation does, however also the organisation's motives
for doing it.
Values announcement - ANSValues statements assist outline how the paintings may be
finished, and they articulate a set of beliefs and concepts that manual the way the corporation
conducts business.
Action plan - ANSThe written motion plan will define the steps, tactics and sources so as to be
used to
satisfy the goals.
Operational planning - ANSThis issue of making plans encompasses the every day operations
due diligence - ANSDue diligence is an absolute necessity. The more potential enterprise
owners can learn about an present enterprise, the extra they will be located to make informed
decisions.
DBA - ANSDoing Business As
FBN - ANSFictitious Business Name
, assumed name - ANSIf the enterprise is conducted under an assumed name, the business
owners should document an assumed name certificates and reap an enterprise identification
wide variety from the IRS.
Alternate name - ANS
sole proprietorship - ANSis a venture this is owned with the aid of one individual
partnership - ANSA partnership is extra effortlessly created than a enterprise, and can be
created with a simple written or oral settlement. A partnership need to have one or more popular
companions.
Popular partner - ANSThe popular accomplice is answerable for daily operations of the
commercial enterprise and has full legal responsibility. At least one trendy partner is needed in a
restricted partnership. The fashionable associate is most usually the "promoter" who delivered
the restricted companions into the task
restricted companion - ANSLimited Partners - The limited companion's liability is restrained to
the amount he or she invested
within the partnership. The restricted companion has no involvement within the day-to-day
operation of the
commercial enterprise. The constrained partners are the traders in the assignment.
Limited partnership - ANSA limited partnership in Texas is created by means of submitting a
certificate of limited partnership with the Texas
Secretary of State. Limited partnerships do not pay Texas franchise tax. A confined partnership
does provide limited liability to its constrained partners such
syndicate - ANSWhen two or greater parties be part of together to create and function a real
estate funding it's far known as a
syndicate.
Constrained liability partnership - ANSThe enterprise and its business assets are included
from any judgment creditors of its member.
Joint undertaking - ANSA group of individuals who've joined collectively for a unmarried
enterprise mission
company - ANSThe company is chargeable for its money owed and torts, no longer the
shareholders. The individual belongings of the shareholders may not be used to meet the
judgment of a creditor
board of directors - ANSBoard of Directors to oversee the affairs of the company
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