A Real Estate Agent Who Learns That a Property Comparable

question 11

Multiple Choice

A real estate agent who learns that a property comparable to their client's property, in the same street, sold for a price well above that for which their client's property is listed on the market should:

• A)pass this information on to their client.
• B)suggest to their client that the asking price be increased.
• C)advise their client not to sell their property.
• D)disregard the information.

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Definitions:

Job Simplification

The process of breaking down tasks into their simplest components and removing unnecessary steps to increase efficiency and productivity.

Specialized Tasks

Specific activities or duties that require particular skills or knowledge, often designated to individuals or teams with those skills.

Work Procedures

Guidelines or rules designed to outline the preferred method of accomplishing tasks efficiently and effectively within a workplace.

Paired Comparison

A method used to evaluate, rank, or choose between alternatives by comparing them directly with each other in pairs.