Question
Kim, a real estate agent, has just prequalified John and Sally, who are looking for their next home. She quickly finds out that they are
Kim, a real estate agent, has just prequalified John and Sally, who are looking for their next home. She quickly finds out that they are looking for houses exclusively in a neighborhood they like the most. However, they do not qualify for the houses in that neighborhood because they do not have enough income or a large enough down payment. Which one of the following options should Kim NOT do?
A. She should inquire whether they will reconsider in the event that they are not able to find something in that neighborhood.
B. She should ignore the neighborhood request and immediately talk about properties in other neighborhoods.
C. She should collect as much information about what they are looking for a in a house, in addition to the neighborhood.
D. She should inquire whether they have an alternate source of funding, and how soon those funds could be accessed.
E. She should refer them to a mortgage broker who can look at their current financial situation again
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