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Champions Real Estate Marketing SAE 100% Correct Answers Verified Latest 2024 Version

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Champions Real Estate Marketing SAE | 100% Correct Answers | Verified | Latest 2024 Version 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...

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  • June 17, 2024
  • 13
  • 2023/2024
  • Exam (elaborations)
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Champions Real Estate Marketing SAE |
100% Correct Answers | Verified | Latest
2024 Version
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 geographic area

• Practice writing offers

• Do net sheet calculations on your own house



AIDA - ✔✔(The four psychological

steps of a sale: attention, interest, desire and action).



states that rational buyers will pay no more for a

property than they would for an equally desirable,

comparable property. - ✔✔The principle of substitution in real estate valuation



Marketing to a specific age group is sometimes called - ✔✔generational selling

, An acronym for the psychological steps of a sale is - ✔✔AIDA



A willingness to change and grow your marketing plan demonstrates to concept of

____________. - ✔✔adaptation



To be an effective problem solver, it is beneficial to understand .... - ✔✔basic human needs and the
psychological

steps involved in a sale



defined as expected benefits to be received as a result of ownership - ✔✔amenities



Objectives should be - ✔✔measurable and achievable as well as timely.



Goals should be - ✔✔attainable, flexible, measurable, and time frame



shot gun method - ✔✔often the preferred choice for new agents until they realize that they can't
possibly take

on such a large-scale market



4 types of buyers - ✔✔-first time buyers

-relocators

-upgraders

-investors



communication is - ✔✔transcribing and receiving/ talking and listening



Marketing budget goals should be set for a minimum

of ___________, realistically more - ✔✔6 months

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