Tennessee Real Estate Exam Practice Question
A licensee has presented an offer to a seller who wants two days to consider it. The licensee then receives a second offer that is not quite as good as the first. What should the licensee do?
Correct Answer: A
Rationale: Presenting the second offer immediately keeps the seller fully informed and allows her to make the best decision based on all available options. Transparency is crucial in real estate transactions, and withholding information could lead to potential issues.
Option B, while considerate, delays the process unnecessarily. The seller should receive all offers to evaluate them effectively. Option C is inappropriate as it disregards the seller's right to consider all proposals. Option D is not advisable, as dismissing the second offer without presenting it limits the seller's choices and could jeopardize a potential sale.
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