A broker who has done a proper CMA, discusses the probable market value of the property with the seller, and the seller wants an unrealistic price on the property all of the following are true EXCEPT
A) Suggest the seller have a formal appraisal done.
B) Take the listing with the understanding that price reductions may be needed.
C) Must take the listing at the proposed seller's price
D) May decline to take the listing at the high price.
Answer: C) Must take the listing at the proposed seller's price
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Sad Clown Pajamas is an Internet-based wholesaler. Customers enter their orders online. The manager of Callow Youth Clothing was entering an order when the following error message popped up: "Your total order exceeds your available credit. A Credit Department representative will contact you within 24 hours." This message is the result of a
A) validity check. B) reasonableness test. C) limit check. D) sign check.
Alternative evaluation is the process by which people select, organize, and interpret information to form a meaningful picture of the world
Indicate whether the statement is true or false