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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 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 bu...

Principles of Real Estate 1 Exam With 100% Correct Answers 2024 While listing the property with you, the seller asks "Who sets real estate commission rates?" The correct response would be: a. The standard rate is set by TREC. b. The standard commission rate is set state law. c. Long ago, the industry agreed on a set rate, and that is pretty much how it is today. However, I can cut the standard rate and make you a deal. d. There is no standard rate. Different brokers charge different fe...

Arizona Life Insurance Exam Questions and Answers (Latest Update 2023) Verified Answers a whole life policy that provides a choice of dividend options include the following statement about dividends they accrue at a guaranteed rate they are deferred for one year they are not guaranteed they are guaranteed after the first year - Correct Answers they are not guaranteed When there is a named beneficiary on a life insurance policy, the death benefits 1. are directed to a trustee ...

Discrimination on the basis of any of the following could be constructed as violations of fair housing laws EXCEPT for discrimination based on a. Ethnic considerations b. Sexual considerations c. Economic considerations d. Religious considerations - C The amount of a loan expressed as a percentage of the value of the real estate offered as collateral is the a. Amortization ratio b. Loan to value ratio c. Debt to equity ratio d. Capital use ration - B A listing contract in which the br...

A state license is required for anyone who: a)sells their own property b)sells property for other people c)a and b d)none of the above ️: sells property for other people Which of the following arrangements does not qualify as an agency relationship in real estate transactions? a)a seller hires a broker to help locate a buyer b)a broker hires a sales associate to help locate buyers for properties or properties for buyers c)a buyer hires a broker to help locate a property for pur...

Principles of Real Estate 1 Exam With 100% Correct Answers 2024 While listing the property with you, the seller asks "Who sets real estate commission rates?" The correct response would be: a. The standard rate is set by TREC. b. The standard commission rate is set state law. c. Long ago, the industry agreed on a set rate, and that is pretty much how it is today. However, I can cut the standard rate and make you a deal. d. There is no standard rate. Different brokers charge different fe...

Ch 4 Pearson VUE Exam Questions and Answers 100% Pass 1. Mutual assent to a real estate contract is indicated by (page 98) A. attestation. B. offer and acceptance. C. acknowledgment. D. seals. - Answer- B ( This indicates a meeting of the minds.) 2. An example of an executory oral contract that is enforceable would be a (page 99) A. lease for six months starting in 6 months. B. sale of a lot for less than $500. C. lease for two weeks starting in 12 months. D. sale of drapes for $600....

ASREB Test with 100% Correct Solutions A borrower is required to put 10% down for the purchase of a property. The 10% down would be considered... - Correct Answer ️️ -Equity A broker, acting as a property manager, would be considered what type of agent? - Correct Answer ️️ -General A contract has been signed, but title has not yet been passed. The contract is... - Correct Answer ️️ -Executory A house cost $100,000. The buyer is making a down payment of 32,000 and getting a $6...

A $2,400 term loan has a 10% annual interest rate. What is the monthly payment? - $20. A term loan is interest only. $2,400 × 0.10 = $240 240 ÷ 12 = $20 per month A 15-year-old boy recently inherited many parcels of real estate from his late father and has decided to sell one of them. If the boy enters into a deed conveying his interest in the property to a purchaser, such a conveyance would be - voidable A 50-year-old commercial building is located in the center of a 10-year-old reside...

NYREI STATE EXAM GROUP TUTORING According to the New York State Real Property Law, a real estate salesperson's license is issued for a term of how many years? - CORRECT ️️ Two What type of residential real property transfer would require a property condition disclosure statement? - CORRECT ️️ Re-sales What happens to the licenses of salespersons if their sponsoring broker's license is revoked or suspended? - CORRECT ️️ They are suspended A listing broker for the seller has a...