Final answer:
The timely completion of paperwork is not a frequent cause of conflicts in the real estate profession; it actually reduces disputes. Real estate conflict often stems from valuation discrepancies, miscommunication, and the non-disclosure of facts.
Step-by-step explanation:
The option not considered a frequent cause of conflicts and disputes in the real estate profession is D) Timely completion of paperwork. Discrepancies in property valuation (Option A), miscommunication between parties (Option B), and non-disclosure of material facts (Option C) are commonly known causes of disputes. Conversely, timely completion of paperwork usually helps in reducing conflicts by ensuring that all parties are on the same page and that agreements are upheld.
Regarding the review question about difficulties in agreeing on a price due to imperfect information, both buyer and seller may have different perceptions of the property's value, which can arise from limited, inaccurate, or unevenly distributed information about the property or market conditions. This imperfect information can lead to misplaced expectations and difficult negotiations, ultimately undermining mutual agreement.