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Author Question: Creditors are allowed to literally force an uncooperative debtor into what is known as an ... (Read 46 times)

skymedlock

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Creditors are allowed to literally force an uncooperative debtor into what is known as an involuntary bankruptcy.
 
  Indicate whether the statement is true or false

Question 2

How is the listing price determined in a listing agreement?
 
  What will be an ideal response?



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frankwu0507

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Answer to Question 1

TRUE

Answer to Question 2

The listing price for the real estate is purely subjective to the seller. The memories have value. At the same time, the seller will usually have a bottom line typically related to his ability to purchase another home. The broker will work with the seller to determine the suggested listing price and likely selling price, with the goal of achieving the seller's bottom line. The broker will consider sales and listings of similar home in close proximity to the seller's home to determine the list price.



skymedlock

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Both answers were spot on, thank you once again



frankwu0507

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