Champions

CHAMPIONS REAL ESTATE MARKETING EXAM / 120+ QUESTIONS AND CORRECT ANSWERS 2023/2024 / GRADED A+. Champions Real Estate Marketing SAE 2023 1. Most common reason a property fails to sell is: price 2. Matching human needs with goods or services to meet those needs is the process of: marketing 3. _____________________ is a key personality trait of a successful agent: - problem solving 4. 3 Ways Sales Agents Add Value to the Buying Process: Counseling, Negotiating, and Managing the transa...

Champions Real Estate Principles 1 Exam 100+ QUESTIONS AND CORRECT 2023 1. brokerage: the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction; a brokerage transaction may or may not involve agency relationships 2. The role of a property manager: Generally responsible for the day to day operations of the property, maintenance, and tenant relations 3. How are home inspectors licensed?: Home inspectors are licensed in Texas b...

1. appraisal: appraisers opinion of value 2. principal of contribution: the value if the property is equal to the sum if the contributory value of each of its component parts. 3. loan to value ratio: percentage of value or sales price that a lender is willing to finance. 4. desk review: goes through items as they analyze the appraisal report for completeness and acceptable conclusions 5. field review: independent 3rd party appraiser will be contracted to review the appraisal report then veri...

Champions Real Estate - Principles 1 Exam 2023 1. brokerage: the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction; a brokerage transaction may or may not involve agency relationships 2. The role of a property manager: Generally responsible for the day to day operations of the property, maintenance, and tenant relations 3. How are home inspectors licensed?: Home inspectors are licensed in Texas by TREC. 4. Real Estate Deve...