What agents need to do when offer received Flashcards
1
Q
Should an offer be presented to the client even if it’s ridiculous?
A
Yes, ALL offers need to be presented.
2
Q
How soon should an agent communicate an offer to their client?
A
ASAP
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.
4
Q
When presenting an offer to a seller, the listing agent should prepare a ___ _____.
A
Net sheet
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.