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Ashley is a real estate agent for ABC Realty. Parley hires Ashley to sell his home for a 6% commission. Parley informs Ashley that he
Ashley is a real estate agent for ABC Realty. Parley hires Ashley to sell his home for a 6% commission. Parley informs Ashley that he is willing to sell the home for $150,000 but he hopes to get $175,000 for it. Portia, a prospective home buyer, pays Ashley a monthly fee to bring potential properties to her attention. Ashley informs Portia that Parley's home is for sale but does not tell Portia that she represents Parley. After viewing Parley's home, Portia tells Ashley that she is willing to pay $190,000 for the property but that she would like to initially offer $175,000. Ashley relays the $175,000 offer to Parley but does not tell Parley that she also represents Portia. Parley agrees to sell the home to Portia for $175,000. What rights, if any, do Parley and Portia have? Explain. } 
Ashley is a real estate agent for ABC Realty. Parley hires Ashley to sell his home for a 6% commission. Parley informs Ashley that he is willing to sell the home for $150,000 but he hopes to get $175,000 for it. Portia, a prospective home buyer, pays Ashley a monthly fee to bring potential properties to her attention. Ashley informs Portia that Parley's home is for sale but does not tell Portia that she represents Parley. After viewing Parley's home, Portia tells Ashley that she is willing to pay $190,000 for the property but that she would like to initially offer $175,000. Ashley relays the $175,000 offer to Parley but does not tell Parley that she also represents Portia. Parley agrees to sell the home to Portia for $175,000. What rights, if any, do Parley and Portia have? Explain. Ashley is a real estate agent for ABC Realty. Parley hires Ashley to sell his home for a 6% commission. Parley informs Ashley that he is willing to sell the home for $150,000 but he hopes to get $175,000 for it. Portia, a prospective home buyer, pays Ashley a monthly fee to bring potential properties to her attention. Ashley informs Portia that Parley's home is for sale but does not tell Portia that she represents Parley. After viewing Parley's home, Portia tells Ashley that she is willing to pay $190,000 for the property but that she would like to initially offer $175,000. Ashley relays the $175,000 offer to Parley but does not tell Parley that she also represents Portia. Parley agrees to sell the home to Portia for $175,000. What rights, if any, do Parley and Portia have? Explain
Ashley is a real estate agent for ABC Realty. Parley hires Ashley to sell his home for a 6% commission. Parley informs Ashley that he is willing to sell the home for $150,000 but he hopes to get $175,000 for it. Portia, a prospective home buyer, pays Ashley a monthly fee to bring potential properties to her attention. Ashley informs Portia that Parley's home is for sale but does not tell Portia that she represents Parley. After viewing Parley's home, Portia tells Ashley that she is willing to pay $190,000 for the property but that she would like to initially offer $175,000. Ashley relays the $175,000 offer to Parley but does not tell Parley that she also represents Portia. Parley agrees to sell the home to Portia for $175,000. What rights, if any, do Parley and Portia have? Explain. }
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