A consistent disparity in listing versus selling prices may reflect ___________. - Correct
Answer-Inaccurate competitive market analyses
Which of these would be an advantage for the broker of hiring licensees as salaried
employees, rather than as independent contractors on a commission-based
compensation plan? - Correct Answer-Sales agents will probably make fewer errors as
a result of more broker control and supervision.
Which option best describes what an environmental impact statement is? - Correct
Answer-It describes and analyzes a proposed action that may have a significant effect
on the environment.
When Andrew schedules a sales meeting at his brokerage, he prepares well in advance
by ___________. - Correct Answer-Developing an agenda, talking points, visuals, and
handouts
What is a flat-fee pricing strategy? - Correct Answer-Clients are charged a pre-set fee
for a pre-determined service.
The Brendon Group is evaluating a new market and wants to know the market's cultural
composition. That's likely because _________. - Correct Answer-The licensees don't do
any active selling.
Which of the following actions could compromise your security when meeting with a
customer for the first time in the field? - Correct Answer-Ignoring a lewd comment
Alison is taking steps to become the owner of her own real estate brokerage, Honesty
Homes. She and the two real estate professionals who will become her first employees
are drafting the firm's vision statement. Which of the following should be included? -
Correct Answer-A statement of what the company's future results, achievements, and
successes will be
Commonly, the Federal Trade Commission will receive leads about a potential antitrust
violation through which avenue? - Correct Answer-Hearing consumer complaints
A leader who displays the quality of being a visionary is able to do what? - Correct
Answer-Look ahead at trends to meet future market demands
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