A real estate bro - Study guides, Class notes & Summaries

Texas SEA Real Estate Brokerage Exam 2024 New Latest Version with All Questions and 100% Correct Answers

Technical skills Skills that include time management, preparing Cmas, and completing contracts. Desk cost Dividing total office expenses by number of sales associates Institutional advertising Advertising that describes the firm, its personnel, and its services. Fixed expense Occupancy costs are an example of what type of expenses? Cash basis accounting What is the most simple type of accounting and is used by most small business taxpayers? 100 sqft What ...

Brokerage Fee on closing disclosure debit seller only; page 2 Accrued depreciation using the age-life method Never depreciate a land, Sales Price, Appraisal, Survey, Title Insurance, Tangible Tax, Stamp Tax, = Add those, Don't add any Land Value. Only Building. Multiply say 80% building (20% Land) Residential Income producing property 27.5 years life for investment property, Non residential 39 years, so divide by years, = Answers capital gains taxes on this sale $0 A lic...

Which statement is TRUE concerning radon? Two homes next door to each other may have very different levels of radon. Hazel's brokerage firm has an annual expense budget of $162,000 that includes her own salary. She wants to make $20,000 profit. If she has seven sales associates, what must each sales associate generate in company dollars for Hazel to achieve her goal? The answer is $26,000. Required revenue is $182,000. ($20,000 + $162,000). Each sales associate must bring in at least $...

Technical skills Skills that include time management, preparing Cmas, and completing contracts. Desk cost Dividing total office expenses by number of sales associates Institutional advertising Advertising that describes the firm, its personnel, and its services. Fixed expense Occupancy costs are an example of what type of expenses? Cash basis accounting What is the most simple type of accounting and is used by most small business taxpayers? 100 sqft What ...

2024 SWEA Texas SEA Real Estate Brokerage Exam Test Bank (Final Exam, Practice Exam, and Preexam) Best Study Guide

2024 Texas SEA Real Estate Brokerage Exam New Best Studying Guide with All Questions from Actual Past exam and 100% Correct Answers

Oklahoma Real Estate Broker Exam Study Ch 4-7 with Complete Solutions Under the new Oklahoma Brokerage Relationships Act the duties and responsibilities that were previously designated to transaction brokers are now "assigned" to all brokers. Section 858-363 The authority of Broker Associates deals with a clearer description of an associate's authority. Under the Brokerage Relationships Act which of the following actions is mandatory? Account for all money and property received b...