What agents need to do when offer received Flashcards

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1
Q

Should an offer be presented to the client even if it’s ridiculous?

A

Yes, ALL offers need to be presented.

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2
Q

How soon should an agent communicate an offer to their client?

A

ASAP

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3
Q

What is imputed notice?

A

This is a concept which states that an offer is presumed to be delivered to the principal when it is delivered to the agent.

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4
Q

When presenting an offer to a seller, the listing agent should prepare a ___ _____.

A

Net sheet

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5
Q

What is a net sheet?

A

A net sheet is an estimation of net profit and should be prepared based upon the offer being considered.

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