In negotiating a price for the purchase of a home, you should do all of the following, except

A) offer the highest price you can afford first to get the purchase settled quickly.
B) write up a contract.
C) assess how market conditions affect the value of the home.
D) understand that real estate agents are brokers between the buyer and seller.

Answer: A

Business

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The cost comparison techniques should be used to compare similar plans of insurance.

a. true b. false

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Gross margin is defined as gross profit:

A) minus total operating expenses. B) divided by net sales revenues. C) divided by cost of sales. D) minus net income.

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