Humber/Ontario Real Estate Course 2 Exam Practice 2025 - Free Real Estate Practice Questions and Study Guide

Question: 1 / 1300

When presented with a buyer's offer, what options does a seller have?

Counter the offer but only regarding the price, not the terms.

Accept the offer and later require an additional deposit.

Only accept or counter the offer.

Accept, reject, or counter the offer.

In real estate transactions, when a seller receives a buyer's offer, they generally have the following options: accept the offer as is, reject the offer outright, or counter the offer by proposing changes to the terms and/or price. Option A is not entirely accurate as sellers can counter not only the price but also the terms of the offer. Option B is incorrect because requiring an additional deposit after accepting the offer is not a common practice and could potentially complicate the transaction. Option C is also not entirely accurate as sellers have more options than just accepting or countering the offer. Therefore, the most comprehensive and accurate option is to say that sellers can accept, reject, or counter the offer, as stated in option D.

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