Champions Commercial Real Estate- SAE Exam
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A willingness to change and grow your marketing plan
demonstrates to concept of
____________. - Answer-adaptation
To be an effective problem solver, it is beneficial to
understand .... - Answer-basic human needs and the
psychological
steps involved in a sale
defined as expected benefits to be received as a result of
ownership - Answer-amenities
Objectives should be - Answer-measurable and
achievable as well as timely.
Goals should be - Answer-attainable, flexible, measurable,
and time frame
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shot gun method - Answer-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 - Answer--first time buyers
-relocators
-upgraders
-investors
communication is - Answer-transcribing and receiving/
talking and listening
Marketing budget goals should be set for a minimum
of ___________, realistically more - Answer-6 months
_______ drive the market - Answer-consumers
Agents should "listen" not only to what the client is
saying, but also to ___________________. - Answer-body
language
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To be an effective problem solver, a real estate agent
should understand the __________ involved
in a sale. - Answer-psychological
In which emotional phase is the buyer ready to buy? -
Answer-Act
Gathering data, analyzing it and drawing conclusions
based on it describes - Answer-marketing research
Analyzing strengths, weaknesses, opportunities, and
threats is referred to as a - Answer-SWOT analysis
A report prepared by an agent to help a seller realistically
price their property is a - Answer-CMA
SWOT - Answer-strength, weakness, opportunities and
threats - marketing research analysis
CMA - Answer-comparative market analysis