Anton and Barbie

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Anton and Barbie

by harsh.champ » Fri Feb 19, 2010 2:09 pm
Anton: I sold my house on an internet site last year and was happy with the price. I got a speedy sale and the cost of advertising was insignificant. I would advise you to avoid real estate agents.

Barbie: It is in the interest of the real estate agent to get me the best price for my property because he gets a commission based on the selling price. Therefore, when selling my house I will certainly use an agent rather than trying to sell the house by word of mouth, or by advertising in newspapers or on the internet.

Barbie's could strengthen her position by pointing out all of the following except

A. Houses of comparable value often obtain a lower price when sold on the internet
B. Very few houses are sold on the internet at the moment an so a valid comparison is difficult
C. The agent's service includes many add-on benefits in terms of legal fees, surveyor's reports and advice that are not available on internet sites
D. Some buyers pay the agent to find them a cheap house
E. The agent's commission is usually less than the difference between the internet price and the higher price the agent obtains for you
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by amazonviper » Fri Feb 19, 2010 11:09 pm
A. Houses of comparable value often obtain a lower price when sold on the internet
Supports her
B. Very few houses are sold on the internet at the moment an so a valid comparison is difficult
Supports her
C. The agent's service includes many add-on benefits in terms of legal fees, surveyor's reports and advice that are not available on internet sites
Supports her
D. Some buyers pay the agent to find them a cheap house
She cannot use this since agents might not try to sell the house for a higher price since they are getting commision from the buyers as well.
E. The agent's commission is usually less than the difference between the internet price and the higher price the agent obtains for you
Supports her.

OA please
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by komal » Sat Feb 20, 2010 8:20 pm
harsh.champ wrote:Anton: I sold my house on an internet site last year and was happy with the price. I got a speedy sale and the cost of advertising was insignificant. I would advise you to avoid real estate agents.

Barbie: It is in the interest of the real estate agent to get me the best price for my property because he gets a commission based on the selling price. Therefore, when selling my house I will certainly use an agent rather than trying to sell the house by word of mouth, or by advertising in newspapers or on the internet.

Barbie's could strengthen her position by pointing out all of the following except

Barbie says : agent is better .... internet is not better

4 answer choices will support what barbie says


A. Houses of comparable value often obtain a lower price when sold on the internet
Incorrect : Says internet is not better.

B. Very few houses are sold on the internet at the moment an so a valid comparison is difficult
Incorrect : Implies that agent is better

C. The agent's service includes many add-on benefits in terms of legal fees, surveyor's reports and advice that are not available on internet sites
Incorrect : Says Agent is better

D. Some buyers pay the agent to find them a cheap house
Correct : Implies that agent is NOT BETTER.

E. The agent's commission is usually less than the difference between the internet price and the higher price the agent obtains for you
Incorrect : Suggests that agent is better
Hope this helps : )