New Jersey Real Estate Practice Exam Free Practice Question
The listing broker has been presented with multiple offers. The seller would accept only a cash offer on the home, so the broker will present
Correct Answer: D
Rationale: The listing broker should present all offers to the seller to ensure transparency and allow the seller to make an informed decision. This includes cash offers and any other types, as the seller may reconsider their preferences based on the overall context of the offers.
Option A is incorrect because it limits the presentation to the highest cash offer, potentially excluding other viable cash offers. Option B is misleading, as it suggests presenting the highest offer without regard to the cash requirement. Option C is too restrictive, as it implies only cash offers will be shown, disregarding the seller's full range of options.
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