Question
A Prospective buyer tells their broker that they want to make a $120,000 offer on a house listed at $180,000 the buyer's broker knows that
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A Prospective buyer tells their broker that they want to make a $120,000 offer on a house listed at $180,000 the buyer's broker knows that the seller mortgage balance is $130,000 and they will owe a 7% brokerage fee opracsemetly $1,500 in additional closing cost. In this situation the buyer broker should?
A Prospective buyer tells their broker that they want to make a $120,000 offer on a house listed at $180,000 the buyer's broker knows that the seller mortgage balance is $130,000 and they will owe a 7% brokerage fee opracsemetly $1,500 in additional closing cost. In this situation the buyer broker should?
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Disclose to the sellers agent that buyers could offer more
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Disclose to the seller that there is the potential of short sell
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Submit the offer and let the seller decide whether to accept
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Submit the offer and advice the seller to counter the offer
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