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NEED HELP ASAP!!! A common occurrence in real estate sales is when the owners price their home for sale at a price higher than the
NEED HELP ASAP!!!
A common occurrence in real estate sales is when the owners price their home for sale at a price higher than the appraiser's valuation. Sometimes this is caused by a faulty CMA by the real estate agent, and sometimes it is because the homeowners insist on a higher price against the real estate agent's suggested price.
Discuss what you would do as the sales agent for a buyer in the case of a home with an accepted offer from the buyer by the seller for $450,000 and the appraised value is $398,500. If your first suggestion to fix the problem does not work, what alternative solution do you have? Explain.
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