The Broker Writes an Offer on One of His Own

question 60

True/False

The broker writes an offer on one of his own listings. He should inform the buyer that he is an agent of the seller as well as the buyer prior to closing.

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Definitions:

Logical Manner

A method of reasoning or problem-solving in a clear, structured, and coherent way.

Schemas

Cognitive frameworks or concepts that help individuals organize and interpret information, guiding how they perceive and respond to their environment and experiences.

Object Permanence

The understanding that objects have substance, maintain their identity when their location is changed, and ordinarily continue to exist when out of sight.

Abstract Reasoning

The ability to analyze information, identify patterns, and solve problems using complex concepts rather than relying on concrete and physical data.