Ask Question
BusinessBusiness
7 April, 13:03

What is the advantage of having a broker hold an earnest money check without depositing it while a purchase and sale agreement is in negotiation?

+4
Answers (1)
  1. 7 April, 13:23
    0
    It serves as an Evidence of Proof of Funds for contract

    Explanation:

    the advantage of having a broker hold an earnest money check without depositing it while a purchase and sale agreement is in negotiation is the trust and confidence it builds in the buyer prior to acceptance of the offer.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the advantage of having a broker hold an earnest money check without depositing it while a purchase and sale agreement is in ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
List five staple convenience goods that you or your household buys on a regular basis
Answers (1)
What is business etiquette
Answers (2)
A company distributes college logo sweatshirts and sells them for $55 each. The total cost function is linear, and the total cost for 50 sweatshirts is $4346, whereas the total cost for 240 sweatshirts is $7576.
Answers (1)
When computing the net cash provided by operating activities using the indirect approach on the statement of cash flows, which item below would NOT be added to net income? Depreciation. Loss on the sale of an asset. Decrease in accounts payable.
Answers (1)
Compare and contrast distribution by force and distribution by equal sharing
Answers (1)
New Questions in Business
For a portfolio of 40 randomly selected stocks, which of the following is most likely to be true? a. The beta of the portfolio is less than the weighted average of the betas of the individual stocks. b.
Answers (1)
What publication can give you an idea of how administrative jobs are going to change in the future? A: Office Pro B: Occupational Outlook Handbook C: From 9 to 5 D: The Executary
Answers (1)
At a four-way stop, if two cars arrive at the intersection at the same time: A) the larger car has the right of way B) the vehicle on the right yields to the vehicle on the left C) the smaller car has the right of way D) the vehicle on the left
Answers (1)
Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. The seller announced that the highest bid in excess of $10,000 will be accepted.
Answers (1)
Zappos, the online shoe and clothing marketer, promises free shipping and free returns on any of its products, no questions asked. This is an example of how Zappos has a strong competitive advantage through
Answers (1)
Home » Business » What is the advantage of having a broker hold an earnest money check without depositing it while a purchase and sale agreement is in negotiation?
Sign Up Forgot Password?