Real Estate Offers & Counteroffers: Presentation & Negotiation

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What does it mean to make a counteroffer in real estate?

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1. What is one example of a contingency in a real estate offer?

2. What is the difference between the listed sales price and the counteroffer sales price?

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About This Quiz & Worksheet

Measure your understanding of real estate procedures. Covering topics such as counteroffers, contingencies, and reasons, the questions in this assessment will help check what you know.

Quiz & Worksheet Goals

Answer questions about:

  • A reason a seller would counteroffer a received offer with a different price
  • The difference between the listed and counteroffer sales price
  • Three likely results from a counteroffer
  • The definition of a counteroffer
  • An example of contingency in a real estate offer

Skills Practiced

You can measure how you're doing with these skills:

  • Making connections - use understanding of the concept of the purpose of a counteroffer and seller motivation
  • Knowledge application - use your knowledge to answer questions about the three most likely results from a counteroffer
  • Interpreting information - verify that you can read information regarding the meaning of a counteroffer and interpret it correctly

Additional Learning

Real Estate Offers & Counteroffers: Presentation & Negotiation is the accompanying resource to this quiz and worksheet. The lesson includes information on these topics:

  • The importance of neutrality as a real estate agent
  • Definitions of expiration period and terms
  • An example of real estate housing negotiations and an agent's role within them
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