Question

What is the MOST likely reason a business owner would hire a real estate broker for a real estate transaction?

(1 point)
Responses

the broker’s costs to the business are moderate

the broker’s costs to the business are moderate

the broker’s market data on sales and leasing

the broker’s market data on sales and leasing

the broker’s specialized knowledge of the product line

the broker’s specialized knowledge of the product line

the broker’s relationship with the trade associations

Answer 1

The MOST likely reason a business owner would hire a real estate broker for a real estate transaction is **the broker’s market data on sales and leasing**. Brokers have access to current market data, trends, and insights that can help the business owner make informed decisions regarding pricing, terms, and the overall strategy for the real estate transaction.