1. Shelton Seller decides to list for sale a parcel of real estate with Ashley Agent. Ashley tells Shelton that their real estate company utilizes a multiple listing service. Explain this. 2. Shelton is informed that the property must be appraised and Shelton is told there are three approaches to appraising real property. Explain these three to Shelton. 3. After the appraisal is prepared, Ashley Agent reviews with Shelton Seller the real estate sales contract (or purchase agreement) that will be presented to a buyer. Ashley points out two terms to Shelton that are unique to real estate sales contracts: (a) Earnest Money (b) Contingencies Explain these terms. 4. Once Shelton Seller lists the property with Ashley Agent, how should the property be marketed?