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Champions Brokerage SAE Study Guide for Exam QUESTIONS AND ANSWERS RATED A+ 2024/2025

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Champions Brokerage SAE Study Guide for Exam QUESTIONS AND ANSWERS RATED A+ 2024/2025

Institution
Texas RE Law SAE
Course
Texas RE Law SAE

Content preview

Champions Brokerage SAE Study Guide
for Exam

Purpose of Lean Management Principles - ANSHelps Brokerage to increase productiveness by
constantly comparing their shape and eliminatinf unneeded or wasteful purposes.

Fee - ANSDiscretion of Broker and no two dealers may want to get the same cut up. Broker
beneath no obligation to offer identical reimbursement to all agents

Independent Contractor Rules - ANSBe your very own boss
Have to store for own taxes
Freedom to work when you need
Make as an awful lot or as little cash you need - fee based paintings.

Terminating Sponsorship - ANSWhen sponsorship has ended-broker notifies TREC without
delay and sends license again. May notify TREC in writing also

Marketing strategies for goal markets - ANSGeographic Farming: an area of four hundred-600
houses;your community

Demographic Farming: A unique form of humans; First Time Buyers, Seniors,Military.

Variable charges - ANSexpenses that exchange from month to month; advertising and
marketing,signage,printing.

FACTA - Fair & Accurate Credit Transactions Act - ANSIdentity Theft of Credit Score/Reports

Lenders should provide credit rating used although mortgage became denied.

Suspect theft? Notify one of the organizations - Equifax,Experian,TransUnion

Employers ought to wreck all info obtained on file before discarding it.

Businesses need to depart off all but the last five of the credit card # on receipts.

Consumer gets one unfastened copy of credit score report a 12 months

Destruction of touchy documents - ANSBurn
Shred
Pulverize

, Erase files
Hire outdoor source to break personal records

What is the Policies and Procedures (Employee Handbook) - ANSManual that units barriers so
agent knows exactly a way to operate as well as answer questions that the agent may have.

What does the Policies and Procedures (Employee Handbook) do? - ANSProvides a clear
knowledge between agent and Broker

Provides Resolutions of controversies earlier than they arise

Forbid favoritism

Factors that affect supply - ANSLand charges
Construction
Taxation
Economics
Local Government building codes

Factors that have an effect on Demand - ANSGrowth in employment
Transportation structures
Personal Preference
Availability of credit score
Fed executive coverage

Categories of time - ANSIncome generating sports: listing,prospecting,promoting

Support sports: following via on transaction

Personal time: holidays,circle of relatives time,interests

What is the reason of the Risk management policies (Safety) - ANSPurpose so you and your
group observe the state and local laws.

Risk Management Policy(Safety) should have what inner? - ANSPolicy need to have:
Broker protection
Client protection
Cellphone use
Checklists for personnel
License duties

Designations - ANSABR Accedited client's consultant

ALHS - Accredited Luxury Home Specialist

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Institution
Texas RE Law SAE
Course
Texas RE Law SAE

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