1. An agent is contacted by an out - of - state couple who wish to sell a local home that they have recently inherited. The couple suggest a listing price of $80,000 and indicate that they wish to sell in a hurry. The agent who knows homes in that area of town have been selling in the $125,000 price range, the agent should

1. Suggest a market analysis to determine the price prior to listing the home

2. Accept the listing at $50,000 because itll probably result in the quick sale the couple wants

3. Secure a net listing

4. Explain to the couple that even without looking at it the location alone would suggest that the home must be worth at least $120,000