Champion School Of Real Estate

Champions Real Estate Marketing SAE| 122 questions with verified correct answers

Champions Commercial Real Estate- SAE |73 questions and answers.

General Lien (also Statatory) attaches to all the property of the debtor, not exempt from forced sale (Example: a judgment or IRS lien) Diplomacy the ability to handle clients and situations in a sensitive and effective way - is critical in commercial real estate, and a lack of it can expose you immediately as a beginner. DTPA The Deceptive Trade Practices Act (DTPA) is a Texas law that was passed in 1973. It allows an aggrieved consumer to sue a seller of goods for damages. The...

Most common reason a property fails to sell is price Matching human needs with goods or services to meet those needs is the process of marketing _____________________ is a key personality trait of a successful agent problem solving 3 Ways Sales Agents Add Value to the Buying Process Counseling, Negotiating, and Managing the transaction Four P's of marketing real estate product, promotion, price and place How can you know your product? Inspect company lis...

HOW MUCH IS THE ACTIVATION FEE PAID TO THE KY REAL ESTATE COMISSION FOR OPENING A BROKERAGE? A. $10 b. $50 C $100 d $75 A. THIS FORM SETS FORTH THE SPECIFIC AGENCY RELATIONSHIP PROPOSED BETWEEN THE CLIENT AND PRINCIPAL BROKER OF THE REAL ESTATE BROKERAGE COMPANY: A. AGENCY CONSENT AGREEMENT B. DISCLOSURE OF PROPERTY CONDITION C. GUIDE TO AGENCY RELATIONSHIPS D. SALES CONTRACT A. A LEGAL RELATIONSHIP IN WHICH ONE PARTY, CALLED THE PRINCIPAL, AUTHORIZES ANOTHER, CALLED THE ...

What is the fee for the real estate license exam? A fee not to exceed $30. A fee not to exceed $150. There are no real estate license exam fees. A fee not to exceed $100. A fee not to exceed $100. Who appoints the members of the Kentucky Real Estate Commission? The Governor The Attorney General Public ballot The outgoing members of the Commission The Governor How can a licensee whose license was suspended following payment from the recovery fund have his or her licens...

If a licensed affiliate misrepresents facts in a sworn statement, all of the following are TRUE EXCEPT: he cannot be fined by the KREC unless the circuit court agrees to the fine A licensed agent who wishes to contest a decision made by the Kentucky Real Estate Commission should first apply to: the Circuit Court in the county where the licensee has his/her principal place of business. Examination fees that may be charged by the KREC are: in an amount not to exceed $100. W...

1 How many Commissioners are appointed as a citizen- at- large? 4 How many years is the term of a Commissioner? 2 How many consecutive terms can a Commissioner have? Kentucky Association of Realtors Where does the Governor get the list of people to select an appointment of a Commissioner? 3 How many Commissioners can belong to the same political party? The Commissioners select the chairperson Who selects the chairperson? No Can the Commission fix ...

An Illegal Kickback Jenna's firm in Lexington issues a check to First In Line Title Company because it referred a buyer to Jenna and subsequently closed the transaction. The buyer approved the payments. This is an example of _____________. The Verbiage, "Equal Opportunity Housing" Monty is advertising a number of listings in the local Prospect newspaper and includes the fair housing logo in the ad. What else is required? Venus and Megan are single agents. Kentucky licensees V...

In every real estate transaction, a legal description of the real estate MUST appear in the transaction documents. What kind of legal description should be used in MOST transactions? The same one used in prior transfers of the parcel, verified by a surveyor. A legal easement can be created by any of the following EXCEPT merger of the titles Timeshare ownership programs MOST often use which of the following ownership forms? Tenancy in common Real property can be converted ...