Question 1 & Explain Answer Please

You are a broker with a large company. The company's relocation department has given you a referral for someone who is selling a home in another state and moving to your area. Your first contact with him is by phone. You discuss agency and fax documents for him to sign. The prospective buyer Indicates he has $500,000 to purchase a property, and he would like to have enough land to raise horses.

You locate a 25-acre site with a 3-bedroom brick house, The prospective buyer likes the property. He has a few concerns, but would like to move forward with an offer.

Inspection of a dump site on the property indicates the clean-up will cost approximately $30,000, which you believe to be somewhat highly priced. The prospective buyer accepts the cost and wants to close. Which one of the following is most appropriate?

A - Tell him the estimate of cost for the dump site is unrealistic.

B - Support the buyer's choice for purchase without question.

C - Be sure the offer includes acknowledgment of all disclosures,

D - Document that you advised against making an offer.

E - Recommend a second estimate from another vendor.

F - Recommend that the seller pay for the cleanup.

Question 2

An offer was presented to a seller and the seller countered the offer. Before the counteroffer was accepted, a second, more favorable offer was presented to the seller. Before the seller can accept the better offer, she must

A - inform the broker of her intent to accept the second offer.

B - withdraw the counteroffer before it is accepted.

C - notify the second offeror that she can accept that offer only as a back-up.

D - work through the terms of the first offer.