Knowing the five steps of a real estate transaction and your responsibilities regarding this process will help prepare you for a future in the real estate industry. Additionally this information may likely appear on the national real estate exam.
In a 2-page paper, please address the checklist items below.
Checklist:
Describe the five steps that are covered in a real estate transaction.
Describe what your responsibilities would be in each step as an agent for the seller.
How would you address a situation where you have an exclusive right-to-sell listing agreement that is about to expire and the seller has really listed the property too high? In your answer anticipate the seller's response to your suggestions and anticipate the possible repercussions.
Your 2-page paper should be in APA format and citation style with additional title and reference pages. Submit to the assignment Dropbox when completed.