Why Did Jesus Ask the Rich Young Ruler to Sell Everything?

The account of the rich young ruler appears in Matthew 19, Mark 10 and Luke 18. A wealthy young man asks Jesus what he must do to inherit eternal life and says he has kept the commandments from his youth. Jesus tells him to sell his possessions, give to the poor and follow Him. The man leaves sorrowful because he has great wealth. How should Christians understand this teaching? If Jesus asked him to obey the commandments and follow Him, why was His death for sin still necessary?

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