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(Solved): A seller wants to sell a cabin he owns in a rural area near a lake. A friend hears about it and asks ...



A seller wants to sell a cabin he owns in a rural area near a lake. A friend hears about it and asks the seller for directions so he can go and look at the property. The buyer follows the directions to a property that he believes to be the seller’s cabin, and decides that he would like to purchase it. A broker is asked to write up the contract and buyer and seller agree to the terms and sign it. The purchase agreement contains an inspection contingency. The buyer is paying cash, so there is no need for an appraisal or loan contingency, but the buyer orders an appraisal anyway for his own information. The broker attends the inspection on behalf of the byer and meets with the parties to go over the inspection report, which includes several broken windows and apparent wind damage to the roof. The buyer is now concerned that there are vandals in the area because he did not notice any broken windows when he saw the property. The broker, however, thinks the damage appeared to be long standing, with leaves and dirt on the floor near the broken windows and cobwebs in the opening. What should the broker do now?



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As a broker in this situation, it is important to communicate effectively with both the buyer and seller to ensure a fair and tra
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