Free Pennsylvania Real Estate Practice Exam Practice Question
Unrepresented buyers tell a listing broker they want to make a $170,000 offer on a house listed at $130,000. The listing broker knows that the sellers' mortgage closing costs in this situation. The listing broker SHOULD:
Correct Answer: C
Rationale: Presenting the offer allows the sellers to evaluate it based on their circumstances, including the mortgage closing costs. This respects the sellers' right to make an informed decision about their property.
Option A is incorrect because the listing broker should not disclose financial details that could bias the sellers’ decision-making process. Option B is inappropriate as it disregards the buyers' intent and could be seen as unethical, delaying their opportunity. Option D is misleading; while the offer may be high, it is still valid and should be presented for consideration.
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