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The Importance of Brokers in the Real Estate Market Is

Question 8

Multiple Choice

The importance of brokers in the real estate market is often overlooked.In the absence of a real estate broker,one would expect all of the following to be true EXCEPT:


A) Real estate values would be higher.
B) A seller would most likely rely on a "thinner" market (i.e.the seller has access to fewer prospective buyers) .
C) It would be more difficult and costly for an individual to buy or sell a property.
D) Buyers would be more inclined to negotiate prices downward by at least the value of a typical commission.

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