New Jersey Real Estate License Exam 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: Presenting all offers to the seller ensures transparency and allows them to make an informed decision. The seller can evaluate each cash offer and may consider factors beyond just the highest price, such as contingencies or closing timelines.
Option A is incorrect because it limits the seller's choices to just the highest cash offer, potentially overlooking other favorable terms. Option B is misleading since it includes non-cash offers, which the seller is not interested in. Option C, while focusing on cash offers, fails to provide the seller with a complete view of all available options, which could be beneficial in negotiations.
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