High School

We appreciate your visit to Ted and Lisa are selling their home and have signed a listing agreement Is Steven a client or customer Steven visits Ted and Lisa s. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!

Ted and Lisa are selling their home and have signed a listing agreement. Is Steven a client or customer?

Steven visits Ted and Lisa's open house and is interested in purchasing their home. What happens next?

A. Ted and Lisa are customers, and Steven is a client. The listing agent must disclose to Steven that Ted and Lisa are customers.

B. Ted and Lisa are clients, as is Steven. The listing agent must disclose to Steven that Ted and Lisa are also clients.

C. Ted and Lisa are customers, and Steven is a client. The listing agent must disclose to Steven that he/she represents Ted and Lisa and explain customer relationships.

D. Ted and Lisa are clients, and Steven is a customer. The listing agent must disclose to Steven that he/she represents Ted and Lisa and explain customer relationships.

Answer :

Final answer:

The correct answer is option c) Ted and Lisa are customers, and Steven is a client. The listing agent must disclose to Steven that he/she represents Ted and Lisa and explain customer relationships.

Explanation:

The correct answer is option c) Ted and Lisa are customers, and Steven is a client. The listing agent must disclose to Steven that he/she represents Ted and Lisa and explain customer relationships.

In real estate, a customer is someone who is not represented by the agent, while a client is someone who has entered into a formal agreement with the agent for representation. In this case, Ted and Lisa are the customers as they have signed a listing agreement with the agent, and Steven is the client as he is interested in purchasing their home.

Because Steven is a client, the listing agent must disclose to him that he/she represents Ted and Lisa and provide an explanation of customer relationships. This ensures transparency and helps Steven make an informed decision.

Learn more about Real estate client vs. customer here:

https://brainly.com/question/37455778

#SPJ11

Thanks for taking the time to read Ted and Lisa are selling their home and have signed a listing agreement Is Steven a client or customer Steven visits Ted and Lisa s. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!

Rewritten by : Barada