SAE Brokerage Texas QUESTIONS
WITH 100% SOLVED ANSWERS
Good - CORRECT ANSWER✅✅✅Under the DTPA, a home for sale is considered a
___________.
If the broker has an established business relationship with the person on the Do-Not-Call
Registry within the last 18 months - CORRECT ANSWER✅✅✅Under what circumstance
may an agent call a person who is on the Do-Not-Call Registry?
Statute of Frauds - CORRECT ANSWER✅✅✅Which body of law requires certain contracts
to be in writing in order to be enforceable?
3 - CORRECT ANSWER✅✅✅According to the text, how many of each recently sold,
recently listed and recently expired properties similar to the subject property should an agent
include in a CMA?
Their web and social media presence
(b) The services that they offer
(c) Their advertising and marketing campaigns - CORRECT ANSWER✅✅✅When
analyzing your competition, what should you be aware of?
Objectives and goals - CORRECT ANSWER✅✅✅Your ____________summarize your
market opportunities and the solutions to any problems your business faces.
Land cost - CORRECT ANSWER✅✅✅Razing single-family homes and developing the lots
as multifamily housing is due, in large part, to _____________.
A mortgage - CORRECT ANSWER✅✅✅Which of the following is not a benefit of owning
real estate
, Growth in employment - CORRECT ANSWER✅✅✅__________ is the primary driver of
demand.
The pool of available buyers contracts in times of easy credit. - CORRECT
ANSWER✅✅✅Which statement is incorrect?
Subject line - CORRECT ANSWER✅✅✅According to the text on email etiquette, every
email should have a ________________ that demonstrates the core meaning of its message.
Consumers must notify all three credit reporting services to initiate a nationwide fraud alert if
they believe that their identity has been stolen - CORRECT ANSWER✅✅✅Which of the
following is NOT a requirement of FACTA?
Class action lawsuits - CORRECT ANSWER✅✅✅Which of the following penalties might
be levied against an employer if employees' personal information or identity is stolen from the
employer?
$1,000,000 - CORRECT ANSWER✅✅✅TRELA requires that in order to be eligible for a
license, a business entity must provide proof that the entity maintains errors and omissions
insurance with a minimum annual limit of $________ for each occurrence if the designated
broker owns less than 10% of the business entity.
mitigation - CORRECT ANSWER✅✅✅The _______ plan should kick in when there is a
privacy or security breach, and there is a need to "repair it" immediately in the eyes of customers,
government regulators, and management.
Shredding files - CORRECT ANSWER✅✅✅Which of the following is considered a
reasonable measure of destroying sensitive documentation?
(a) Congress passed FACTA to help combat identity theft.
(b) Identity theft is one of the fastest growing crimes in the United States.
WITH 100% SOLVED ANSWERS
Good - CORRECT ANSWER✅✅✅Under the DTPA, a home for sale is considered a
___________.
If the broker has an established business relationship with the person on the Do-Not-Call
Registry within the last 18 months - CORRECT ANSWER✅✅✅Under what circumstance
may an agent call a person who is on the Do-Not-Call Registry?
Statute of Frauds - CORRECT ANSWER✅✅✅Which body of law requires certain contracts
to be in writing in order to be enforceable?
3 - CORRECT ANSWER✅✅✅According to the text, how many of each recently sold,
recently listed and recently expired properties similar to the subject property should an agent
include in a CMA?
Their web and social media presence
(b) The services that they offer
(c) Their advertising and marketing campaigns - CORRECT ANSWER✅✅✅When
analyzing your competition, what should you be aware of?
Objectives and goals - CORRECT ANSWER✅✅✅Your ____________summarize your
market opportunities and the solutions to any problems your business faces.
Land cost - CORRECT ANSWER✅✅✅Razing single-family homes and developing the lots
as multifamily housing is due, in large part, to _____________.
A mortgage - CORRECT ANSWER✅✅✅Which of the following is not a benefit of owning
real estate
, Growth in employment - CORRECT ANSWER✅✅✅__________ is the primary driver of
demand.
The pool of available buyers contracts in times of easy credit. - CORRECT
ANSWER✅✅✅Which statement is incorrect?
Subject line - CORRECT ANSWER✅✅✅According to the text on email etiquette, every
email should have a ________________ that demonstrates the core meaning of its message.
Consumers must notify all three credit reporting services to initiate a nationwide fraud alert if
they believe that their identity has been stolen - CORRECT ANSWER✅✅✅Which of the
following is NOT a requirement of FACTA?
Class action lawsuits - CORRECT ANSWER✅✅✅Which of the following penalties might
be levied against an employer if employees' personal information or identity is stolen from the
employer?
$1,000,000 - CORRECT ANSWER✅✅✅TRELA requires that in order to be eligible for a
license, a business entity must provide proof that the entity maintains errors and omissions
insurance with a minimum annual limit of $________ for each occurrence if the designated
broker owns less than 10% of the business entity.
mitigation - CORRECT ANSWER✅✅✅The _______ plan should kick in when there is a
privacy or security breach, and there is a need to "repair it" immediately in the eyes of customers,
government regulators, and management.
Shredding files - CORRECT ANSWER✅✅✅Which of the following is considered a
reasonable measure of destroying sensitive documentation?
(a) Congress passed FACTA to help combat identity theft.
(b) Identity theft is one of the fastest growing crimes in the United States.
