Texas SAE Marketing Complete Questions and Correct
Detailed Answers (Verified Answers)
"Absolutely beautiful. Wonderful location with room to grow and invest. 3 bedroom,
2 full baths, lots of light, with McGuffin Park across the street." McGuffin Park is 1.5
miles away. The phrase about McGuffin Park is an example of:
Ans: Misrepresentation
A broker is concerned about the listing they have. They worry that the
neighborhood is too noisy for the buyers. To make matters worse, they just got
notice that their other listing still hasn't had any showings. The broker wonders how
they can get more eyes on the listing.This situation best illustrates which of the four
elements of marketing?
Ans: Place and Promotion - The noisy neighborhood is a place concern because
the property can't be moved. The lack of interest in the other listing is a promotion
concern. The broker needs to change up how the listing is promoted.
A brokerage conducts an analysis to determine what kind of specific phrasing and
language homebuyers will respond to best during a showing.What type of analysis is
this?
Ans: Inferential
A buyer profile helps an agent:
pg. 1
, March 25
Ans: Determine the needs and wants held by their client
A counteroffer is considered a(n):
Ans: Rejection of the original offer
A decrease in the dollar's purchasing power is called:
Ans: Inflation
A landlord may permit reasonable modifications to a unit on the condition that the
tenant:
Ans: Agrees to restore the property to its original condition when they move
A license holder can refuse a seller's decision to accept an offer that is not in their
best interests.
Ans: False
A listing presentation kit should include:
Ans: Strong data about similar properties, an overview of current market
conditions, data-backed predictions
A listing presentation needs to:
pg. 2
, March 25
Ans: Convince a prospective seller client to sign a representation agreement with
an agent
A loan that is fully amortized will:
Ans: Require equal monthly payments that gradually pay off the loan
A property you're representing has not gotten much interest the first two weeks it's
been on the market, and you and the homeowner decide to drop the price. What is
the ideal price adjustment?
Ans: Enough that you don't have to adjust again
A seller needs to bring what items on closing day?
Ans: A photo ID
A seller recently sold his home with the help of his listing broker and his sponsored
sales agent. Who can pay the sponsored sales agent for her activities in helping sell
the home?
Ans: The sponsoring broker
A to uncover their most serious and qualified prospects, a broker can use a:
Ans: Marketing Funnel
pg. 3