California Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

Start Multiple Choice Practice Test
Start Flash Cards

Practice this question and more.

In a negotiation, if Seller B counters Buyer A’s offer with a higher price, who is the offeror?

  1. Buyer A

  2. Seller B

  3. Both Buyer A and Seller B

  4. Neither

The correct answer is: Seller B

In a negotiation, the offeror is the person who initiates the offer or makes the first proposal. In this situation, Seller B is the offeror because they have countered Buyer A's initial offer with a higher price. Buyer A is simply responding to the offer, and therefore is not the offeror. Option C is incorrect because although both parties are involved in the negotiation, only one can be the offeror. Option D is incorrect because there has to be an offeror in a negotiation.

More Questions Like This