Question: 2 0 . The property was listed for $ 1 0 0 , 0 0 0 and the buyer wrote an offer of $ 9

20.The property was listed for $100,000 and the buyer wrote an offer of $90,000. The seller countered $95,000 and the licensee called the buyer on the phone and was informed that $95,000 was acceptable. Do the parties have a binding purchase agreement?
Yes, a meeting of the minds has been achieved.
No, the buyer had to offer exactly as listed to sell
No, the buyer must accept the counteroffer in writing
Yes, so long as the sellers counteroffer is in writing

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