35. Chris was recently hired by a homeowner to sell their single-family home. The homeowner wants to list the property for $649,000; however, Chris strongly believes the current market value is only $620,000. What should Chris present to the homeowner to justify his price? O Chris should prepare a comparative market analysis using recently sold properties in the area. • Chris shuld prepare an appraisal. O Chris should present print-outs of three similar properties currently on the market. O Chris should prepare a property survey.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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35. Chris was recently hired by a homeowner to
sell their single-family home. The homeowner
wants to list the property for $649,000; however,
Chris strongly believes the current market value
is only $620,000. What should Chris present to
the homeowner to justify his price?
O Chris should prepare a comparative market
analysis using recently sold properties in the
area.
• Chris shuld prepare an appraisal.
O Chris should present print-outs of three similar
properties currently on the market.
O Chris should prepare a property survey.
Transcribed Image Text:35. Chris was recently hired by a homeowner to sell their single-family home. The homeowner wants to list the property for $649,000; however, Chris strongly believes the current market value is only $620,000. What should Chris present to the homeowner to justify his price? O Chris should prepare a comparative market analysis using recently sold properties in the area. • Chris shuld prepare an appraisal. O Chris should present print-outs of three similar properties currently on the market. O Chris should prepare a property survey.
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