Listing & Marketing
Local Market Mastery
First American Tools
Ethics and Penalties
Berkshire Hathaway
200

What does MLS stand for?

Multiple Listing Service

200

Low inventory, high demand market?

Seller's Market

200

What is the name of the First American platform agents use to help them with their business?

IgniteRE

200

What is the purpose of the Texas Real Estate License Act (TRELA)?

To protect the public by regulating licensees

200

Who is your office manager?

Tiffany Hewitt

400

What is the local MLS called?

HAR

400

Opposite of seller's market?

Buyer's Market

400

What is one of the portals in our IgniteRE platform?

Properties

Marketing

Farming

Calculators

Transactions

400

Who enforces TRELA?

Texas Real Estate Commission (TREC)

400

Who is the chairman of Berkshire Hathaway Inc?

Warren Buffett

600

First step in preparing a home for market?

CMA (Comparative Market Analysis)

600

Months of inventory for balance?

5-6 months

600

What is the name of the new buyers portal where they can monitor their property for fraud?

Owners Portal

600

What happens if an agent practices without a license?

They can get in trouble

Cease and desist order, fines, or criminal penalties 

600

What marketing platform is used by BHHS agents to manage listings and campaigns?

What is Marketing REsource?

800

Making home visually appealing?

Staging

800

Comparing sales prices?

Comparable market analysis (CMA)

800

What do I help agents with?

Marketing

Farming

Branding

Growing their business

Accountability Partner

800

What can happen if an agent violates fiduciary duty?

They can get in trouble

Disciplinary action, suspension, or revocation

800

What core value emphasizes doing the right thing, even when no one is watching?

Integrity

1000

Tool for 360 degree online property view?

Virtual tour

1000

Measures sales vs listings?

Absorption rate

1000

Who is your favorite First American person?

Me - Also anyone one else with First American

1000

What is the maximum administrative penalty per violation by TREC?

Up to $5,000

1000

What annual event recognizes top-preforming Berkshire Hathaway agents?

Convention / Summit of Excellence