Answered

Get expert advice and community support for your questions on IDNLearn.com. Join our Q&A platform to get accurate and thorough answers to all your pressing questions.

A sales associate listed a condo for $205,000. A sales associate from a competing office called the listing associate to inform him of a verbal offer of $190,000 on the property. The listing associate did not present the verbal offer. Which statement applies to this situation

Sagot :

The statement that applied to the given situation is "Listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.

The information related to the transaction agent should be as follows:

  • The purchasers & sellers should be assisted in the real estate transactions having no financial interest.
  • It is treated as a neutral third party but at the same time, it is bounded as per the law and the ethical principles.

The other statements should not be relevant.

So, here we can conclude that a listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.

Learn more about the property here: brainly.com/question/19338928

Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. IDNLearn.com is committed to providing the best answers. Thank you for visiting, and see you next time for more solutions.