Tennessee 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: In this scenario, presenting all offers to the seller is essential for transparency and informed decision-making. This allows the seller to evaluate each option, including the cash offers, and understand the overall market interest in their property.
Option A, presenting only the highest cash offer, limits the seller's choices and may overlook other beneficial terms in lower offers. Option B, which suggests presenting the highest offer regardless of payment type, ignores the seller's specific preference for cash. Option C, only presenting cash offers, excludes potentially valuable information that could inform the seller’s decision-making process.
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