112, A missouri Licensee tels a se ler that his property should sell for $260,00
ID: 354257 • Letter: 1
Question
112, A missouri Licensee tels a se ler that his property should sell for $260,000. tle seller lists the property for $250,000 to achieve a quicker sale. There is little activity. To attract prospects, the licensee wants to advertise the property for 253,000 to allow the seller to pay some costs of new financing and still net the dollar amount he wants. Which of the following statements about this situation is true? A, the licensee may do so only with the sellers prior written consent. B, the licensee may do so if she reveals the listed price to any prospective buyer C, the licensee may do so since it is to the sellers benefit D, the licensee may do so but only after notifying the multip le listing serviceExplanation / Answer
Answer A. Because this willl eliminate the possibility of any dispute arising because of the two different prices quoted by both, for the same property.
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