Real Estate Math
A Virginia property has an asking price of $485,000. The buyer offers $465,000 and the seller counters at $475,000. The buyer accepts the counter. What is the sale price?
A$465,000
B$475,000✓ Correct
C$480,000
D$485,000
Explanation
The buyer accepted the seller's counteroffer of $475,000. The contract is ratified at $475,000.
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