Market Snapshot Quiz 2016

1.

A Realtor is able to promote their Market Snapshot solution on their Website.

A.

True
B.

False

Correct Answer
A. True

Explanation
A Realtor is able to promote their Market Snapshot solution on their Website because it is a valuable tool that provides real-time market data and insights to potential clients. By showcasing this solution on their website, the Realtor can demonstrate their expertise and ability to provide valuable information to clients, which can help attract and retain clients. Additionally, having the Market Snapshot solution on their website can differentiate the Realtor from competitors and position them as a trusted source of real estate information.

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2.

Only one Realtor per zip code can invest in a Market Snapshot solution.

A.

True
B.

False

Correct Answer
B. False

Explanation
Multiple Realtors can invest in a Market Snapshot solution for the same zip code.

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3.

A Realtor will be able to do the all of the following when they invest in Market Snapshot EXCEPT for one.

A.

Capture buyer/seller leads with Market Snapshot landing pages and website widgets
B.

Save gas when taking clients out on home viewings
C.

A Realtor can market themselves as the expert in a specific geographic area
D.

Alert owners when homes sell nearby with just sold alerts
E.

Send automatic reports to prospects/clients/past clients and know who looks at them

Correct Answer
B. Save gas when taking clients out on home viewings

Explanation
A Realtor will be able to do all of the following when they invest in Market Snapshot except for saving gas when taking clients out on home viewings. Market Snapshot allows realtors to capture buyer/seller leads, market themselves as experts in a specific area, alert owners when homes sell nearby, and send automatic reports to prospects/clients/past clients. However, it does not have the capability to save gas during home viewings.

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4.

Market Snapshot fully integrates with Top Producer CRM.

A.

True
B.

False

Correct Answer
A. True

Explanation
The statement is true because Market Snapshot is a feature that is fully integrated with Top Producer CRM. This integration allows users to easily access and utilize Market Snapshot within the CRM platform, enhancing their ability to track and manage their leads and clients effectively.

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5.

What are the potential benefits a Realtor will have when investing in Market Snapshot?

A.

Get more Leads
B.

Lead Cultivation
C.

Save Time
D.

All of the above
E.

None of the above

Correct Answer
D. All of the above

Explanation
Investing in Market Snapshot can provide potential benefits to a Realtor in multiple ways. Firstly, it can help them get more leads by providing valuable market data and insights to potential clients, thus increasing their chances of attracting new customers. Secondly, Market Snapshot can aid in lead cultivation by allowing Realtors to stay connected with their leads and provide them with relevant and timely information, which can help build stronger relationships and increase the likelihood of closing deals. Lastly, Market Snapshot can save time for Realtors by automating certain tasks, such as generating reports and analyzing market trends, allowing them to focus on other important aspects of their business.

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6.

A Realtor is able to do all of the following with the Market Snapshot solution EXCEPT for one. Mark the THREE benefits of Market Snapshot.

A.

Attract more Buyers
B.

Work with more Sellers
C.

Brand all of their listings on RDC
D.

Stay top-of-mind with prospects and past customers

Correct Answer(s)
A. Attract more Buyers
B. Work with more Sellers
D. Stay top-of-mind with prospects and past customers

Explanation
The correct answer is "Brand all of their listings on RDC." The Market Snapshot solution allows a Realtor to attract more buyers, work with more sellers, and stay top-of-mind with prospects and past customers. However, it does not provide the capability to brand all of their listings on RDC.

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7.

The cost of Market Snapshot is $64.95 per month for 12 months.

A.

True
B.

False

Correct Answer
A. True

Explanation
The statement states that the cost of Market Snapshot is $64.95 per month for 12 months. This means that the subscription to Market Snapshot will cost $64.95 each month for a total of 12 months. Therefore, the statement is true.

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8.

A REALTOR can expect a minimum of 5-8 leads per month by purchasing Market Snapshot.

A.

True
B.

False

Correct Answer
B. False

Explanation
The statement suggests that by purchasing Market Snapshot, a REALTOR can expect a minimum of 5-8 leads per month. However, the correct answer is False. The statement does not provide any evidence or justification for this claim, and it is not realistic to guarantee a specific number of leads per month by purchasing a service. The number of leads generated can vary depending on various factors such as market conditions, marketing strategies, and the effectiveness of the service itself. Therefore, it is not accurate to state that a REALTOR can expect a minimum of 5-8 leads per month by purchasing Market Snapshot.

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9.

Market Snapshot sends listings alerts for the following listing types. Check all that apply.

A.

Sold
B.

Price Reduced
C.

Expired
D.

New Listings

Correct Answer(s)
A. Sold
B. Price Reduced
D. New Listings

Explanation
Market Snapshot sends alerts for listings that have been sold, listings with reduced prices, and new listings. This means that users will receive notifications when properties are sold, when prices are reduced, and when new listings become available in the market.

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