Practice Quiz

Florida Real Estate Exam

Category - Florida

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Bobby Whittaker, who has listed his house for sale in Jacksonville, is away on a business trip.  Blake Evens, his broker, receives an offer for Bobby’s house in the amount of $167,000.  Before Blake is able to reach Bobby by phone, he receives another offer of $172,500.  What should Blake do?
  1. Continue to telephone Bobby, and then present only the higher offer
  2. When Bobby returns, he should present the first offer first, and only present the second if the first offer is refused
  3. Contact the person who made the lower offer and tell them they need to beat the higher offer
  4. Present both offers to Bobby when Blake is able to reach him
Explanation
Answer D - All offers must be submitted to the seller unless the seller has specified to the contrary.
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