Adeeb has listed his condo with Maria's broker and she is his listing agent. The listing agreement is signed and the day to begin showing his property is nearing. Adeeb decides the day before the open house to raise his asking price by $20,000. Maria disagrees with the decision but goes along with Adeeb's wishes. How must Maria take care of this contractual change in price?

Question

Todd Molina

Business

8 November, 09:57

Adeeb has listed his condo with Maria's broker and she is his listing agent. The listing agreement is signed and the day to begin showing his property is nearing. Adeeb decides the day before the open house to raise his asking price by $20,000. Maria disagrees with the decision but goes along with Adeeb's wishes. How must Maria take care of this contractual change in price?

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Answers (1)

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Isabel Schmitt · Answer 1

Answer: Maria has to change the listing price on a price change or extension form.

Explanation: Maria can do the last minute change but in order to do so she has to fill an extension form or change the price stated in the list price.