Brokerage Set 1 - SAE Texas
2024/2025

A budget ______ means that you've overspent your overall budget.
Deficiency
Deficit
Overage
Overrun - correct answer ✔Deficit - You've spent more than you've earned
What type of analysis can help you decide what office systems are best for
your brokerage?
Financial Analysis
Market Analysis
Survey of popular office systems by other brokerages
Workflow Analysis - correct answer ✔Market Analysis
Belinda is a licensee whose client asked her to draft an addendum containing
complicated terms that even Belinda doesn't fully understand. Belinda should
______.
Avoid unauthorized practice of law
Hire and attorney
Refuse to work with his client
Use legalese - correct answer ✔Avoid unauthorized practice of law
Which type of compensation plan benefits inexperienced real estate agents
the most?
Employee salary
Independent contractor with high commission split
Independent contractor with hourly wage
Independent contractor with low commission split and bonus incentives -
correct answer ✔Employee salary

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