Question
An Illinois sponsored licensee acting as a buyers agent has prepared an offer for their client and delivered it to the listing agent. After presenting
An Illinois sponsored licensee acting as a buyers agent has prepared an offer for their client and delivered it to the listing agent. After presenting the offer to the seller, the listing agent calls the buyers agent and says the seller would accept the offer if the brokerage fee were reduced by $1,000. The listing agent is willing to reduce their share by $500 and asks the buyers agent to do the same. Which of the following is the best action for the buyers agent to take?
A. Write a check for $500 payable to the seller
B. Write a check for $500 payable to the buyer.
C. Discuss the issue with the designated managing broker.
D. Show the buyer alternative properties.
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