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Textbook Site for:
Personal Finance , Eighth Edition
E. Thomas Garman, Virginia Polytech Institute and State University
Raymond E. Forgue, University of Kentucky
Money Matters Continuing Cases
Chapter 9: The Housing Expenditure



Case 1. Victor and Maria Hernandez Learn about Real Estate Agents

Victor and Maria have been thinking about selling their home and buying a house with more yard space so that they can indulge their interest in gardening. Before they make such a decision, they want to explore the market to see what might be available and in what price ranges. They will then list their house with a real estate agent and begin searching in earnest for a new home.

Directions: Fill in the fields below to submit your solution to this case.

1. What services could a real estate agent provide for the couple, and what types of agents would represent them as they sell their current home?


2. A friend has advised them that they really need a buyer's agent for the purchase of the new home. Explain to the Hernandezes the difference between buyer's and seller's agents.


   


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