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URL:https://www.learndesk.us/class/6277468010840064/lesson/82bd894b58f7f616793da97eaf037afe?ref=outlook-calendar
SUMMARY:Interactive Exercises
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/6277468010840064/lesson/82bd894b58f7f616793da97eaf037afe?ref=outlook-calendar
DESCRIPTION: Unit 4: Professional Practices and Realtors® Code Of Ethics, Part I
SITUATIONAL CASE STUDY:
Agent John showed Broker Eric's listing to buyer clients, Adam and Eve. The list price in the MLS was $210,000. John contacted Eric to inquire about any offers on the property. Eric told John he had no offers. John then prepared an offer to submit to Eric.
Eric did have an offer for $185,000 cash from Jill and Jack. The seller accepted the offer, not knowing that John's clients submitted a bid for $205,000 with FHA financing and a 5% down payment. Once John had submitted the offer, he asked Eric for written confirmation that the offer was presented to the seller. Eric never presented the offer, nor were Adam and Eve advised that there was another offer.
When asked, Eric stated that the seller had rejected the offer for a cash deal. Eric decided not to present the offer to the seller because it involved financing and would take longer to close. Eric wanted it to close before the end of...

https://www.learndesk.us/class/6277468010840064/lesson/82bd894b58f7f616793da97eaf037afe?ref=outlook-calendar
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