Business, 29.02.2020 01:26 zahradawkins2007
A broker, acting as a transaction broker, lists a property for $248,500. He finds a prospect who is willing to sign an offer at $247,000, but will pay $248,500 if the owner declines the offer. The broker should:.
a. buy the property himself at $248,500.
b. submit the $247,000, but disclose that the buyer may pay more.
c. submit the offer without disclosing the purchaser’s position.
d. refuse to submit the $247,000.
Answers: 3
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A broker, acting as a transaction broker, lists a property for $248,500. He finds a prospect who is...
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