A sales contract stipulates not only the price offered for a home, but also the repairs to be completed and the move-in date requested by the buyer

Indicate whether the statement is true or false.

Answer: TRUE

Business

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The phases of buying are: problem identification, pre-shopping activities, evaluating alternatives, selection and purchase, post-purchase activities.

a. true b. false

Business

A real estate agent is obligated to communicate any offer to the principal:

a. unless the offer is patently frivolous or the agent is acting on written instructions of their seller. b. only if it is in writing. c. whether the offer is verbal or written until the agency is terminated. d. unless the offer is terminated.

Business