Real Estate Math
A Missouri property's listing price is $325,000. The buyer offers $310,000. The offer-to-list ratio is approximately:
A93.8%
B95.4%✓ Correct
C96.6%
D98%
Explanation
Offer-to-list ratio = $310,000 / $325,000 = 0.9538 = approximately 95.4%. Using the values given ($325,000, $310,000), apply the appropriate formula.. The correct answer is 95.4%.. This is a common calculation on the Missouri real estate exam.
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