When was trec created - Study guides, Class notes & Summaries
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
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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 bus...
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Champions School of Real Estate Law of Agency – Questions and Answers Already Passed
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Champions School of Real Estate Law of 
Agency – Questions and Answers 
 
Already Passed 
 
The principal is also known as client 
 
fiduciary relationship a relationship founded on trust and confidence 
 
Agency Relationship Exists when one person (the agent) acts for, or on 
behalf of another person (the principal). 
 
the principal is the one who hires and gives authority to the agent 
 
Texas Real Estate License Act TRELA Was passed 1939. The purpose is to protect the 
public against unscr...
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Texas Law of Contracts Exam Study Guide: Questions & Answers: Latest Updated
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Describe at least two requirements under TRELA. 
(Ans- Act created by Texas Congress 1) All professionals are licensed 2) Use same policy, procedures, and forms. Providing correct documentations and forms during a transaction. TREC wanted to get things standardized. TREC was created in 1949 and that's when it began administrating TRELA. Real Estate Dealers license Act was enacted in 1939 for salesperson and brokers. TRELA is the present act which is active and administered until present day. 
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TREC STATE EXAM QUESTIONS AND ANSWERS
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When was TREC Created? - Answer- 1939 
 
What Does TREC have the authority to do? - Answer- Make rules and regulations 
 
How many members are in TREC - Answer- 9 Members 
6 Brokers 
3 General Public 
 
How are TREC members appointed? - Answer- By the governor or senate 
 
What happens if a License Holder fails to respond to a subpoena - Answer- TREC can file a suit with the attorney general 
 
Who writes promulgated contract forms - Answer- The broker Lawyer Committee 
 
How many members are o...
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Champions real estate principles of real estate 1 in 2022 latest update
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Champions real estate principles of real estate 1 in 2022 latest updatebrokerage - correct answer A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships 
 
Real Estate Development - correct answer Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. 
 
immobility - correct answer It's a physical characteristic of land that cannot be moved 
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Too much month left at the end of the money?
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TREC State Exam 2023/2024 with 100% correct answers
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When was TREC Created? - correct answer 1939 
 
What Does TREC have the authority to do? - correct answer Make rules and regulations 
 
How many members are in TREC - correct answer 9 Members 
6 Brokers 
3 General Public 
 
How are TREC members appointed? - correct answer By the governor or senate 
 
What happens if a License Holder fails to respond to a subpoena - correct answer TREC can file a suit with the attorney general 
 
Who writes promulgated contract forms - correct answer ...
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Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers,100% CORRECT
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Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers 
 
Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. 
 
Fcebook Live - CORRECT ANSWER Video streaming through facebook. 
 
CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...
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Champions Real Estate - Principles 1 Exam 2024 Already Passed
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Champions Real Estate - Principles 1 
 
Exam 2024 Already Passed 
 
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 
 
The role of a property manager Generally responsible for the day to day operations of the 
property, maintenance, and tenant relations 
 
How are home inspectors licensed? Home inspectors are licensed in Texas by TREC. 
 
Real ...
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Texas Real Estate State Exam Questions and Answers 100% Pass
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Texas Real Estate State Exam Questions and Answers 100% Pass When was TREC created? 1947 
TREC has the authority to.. make rules and regulations. It's rules and laws govern license holders 
TREC has how many commission members? 9 members, 3 represent the general public and 6 are real estate brokers 
TREC has the power to.. subpoena books, records, and witnesses and issue and revoke real estate licenses 
If your license is revoked by TREC... You can appeal the decision to the district court 
Who...
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Texas Real Estate State Exam 2023/2024 with 100% correct answers
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When was TREC created? - correct answer 1947 
 
TREC has the authority to.. - correct answer make rules and regulations. It's rules and laws govern license holders 
 
TREC has how many commission members? - correct answer 9 members, 3 represent the general public and 6 are real estate brokers 
 
TREC has the power to.. - correct answer subpoena books, records, and witnesses and issue and revoke real estate licenses 
 
If your license is revoked by TREC... - correct answer You can appe...
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