Although a home is listed for $170,000, the owner has told the licensee that she would accept any offer over $167,000. The licensee shows the home to a prospect, who says, "Will the owner take $168,000?" The licensee should reply in which of the following ways?

This response implies a willingness to negotiate the price down to $168,000, which contradicts the owner's directive to consider only offers above $167,000. The licensee should not suggest that the property might sell below the listed price without following the owner's instructions.

This statement inaccurately assumes the owner's willingness to accept an offer lower than the specified threshold of $167,000. It misrepresents the owner's position and could lead to misunderstandings about the negotiation process.

While acknowledging that the offer is below the listed price, this response does not address the immediate situation effectively. It also introduces speculation about future price changes, which is irrelevant to the current transaction and could mislead the prospect.