Dubai Real Estate Regulatory Agency (RERA) Broker Practice Exam Prep - Practice Test

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What are the options a seller has in response to a buyer's offer?

Counteroffer, defer, accept, reject

Accept, reject, counteroffer, ignore

A seller's options in response to a buyer's offer include accepting the offer, rejecting it, making a counteroffer, or ignoring the offer completely.

Accepting the offer signifies that the seller agrees to the terms as presented. Rejecting an offer indicates that the seller does not agree with the terms and wishes to pursue other opportunities. A counteroffer allows the seller to propose different terms, giving them leverage to negotiate aspects of the deal like price, contingencies, or closing dates. Ignoring an offer means the seller does not respond, potentially leaving the deal open for a limited time while considering other offers or conducting further evaluation.

Considering these aspects, the correct choice reflects all four potential responses accurately: acceptance, rejection, a counteroffer, and the option to simply ignore the initial offer.

Accept, negotiate, refuse, respond later

Revise, allow, reject, accept

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