You are a buyer's agent. Your buyer client says, "The seller must answer my offer first because it came in first!" What should you say? "You are absolutely right, buddy! I'll call the listing agent and remind them of that." "Right you are, dude! Plus, the seller has to take your offer, because it was full price. Shall we break out the champagne?" "Not so fast, friend. It's the last offer that the listing agent has to respond to first." "Sorry, pal. Offers don't need to be presented in the same order in which they are received."
You are a buyer's agent. Your buyer client says, "The seller must answer my offer first because it came in first!" What should you say? "You are absolutely right, buddy! I'll call the listing agent and remind them of that." "Right you are, dude! Plus, the seller has to take your offer, because it was full price. Shall we break out the champagne?" "Not so fast, friend. It's the last offer that the listing agent has to respond to first." "Sorry, pal. Offers don't need to be presented in the same order in which they are received."
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question

Transcribed Image Text:You are a buyer's agent. Your buyer client
says,
"The seller
must answer my offer first because it came in
first!"
What should you say?
"You are absolutely right, buddy! I'll call the
listing agent and remind
them of that."
"Right you are, dude! Plus, the seller has to
take your offer, because it
was full price. Shall we break out the
champagne?"
"Not so fast, friend. It's the last offer that the
listing agent has to
respond to first."
"Sorry, pal. Offers don't need to be presented
in the same order in which they are received."
AI-Generated Solution
Unlock instant AI solutions
Tap the button
to generate a solution
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.Recommended textbooks for you

Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,

Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education

Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning

Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,

Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education

Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning

Marketing: An Introduction (13th Edition)
Marketing
ISBN:
9780134149530
Author:
Gary Armstrong, Philip Kotler
Publisher:
PEARSON


Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning