What action should an agent take if their client receives multiple offers on a listed property?

What action should an agent take if their client receives multiple offers on a listed property?

• A. Immediately inform all potential buyers
• B. Present offers to the seller without bias
• C. Ask the sellers to disclose the details of the highest offer
• D. Choose the offer they believe is best and present that one first

Answer: (B)

When a client receives multiple offers on a listed property, the agent's primary responsibility is to present all offers to the seller without bias. This means ensuring that the seller has all pertinent information regarding each offer so they can make an informed decision. Presenting offers in a neutral manner helps maintain transparency, builds trust between the agent and the seller, and adheres to the ethical obligations of the agent. By presenting all offers, the agent enables the seller to evaluate all options, including price, terms, contingencies, and closing timelines. This is crucial because it allows the seller to weigh each offer against their own priorities and financial goals. Additionally, agents have a legal duty to be fair and impartial, which is upheld by providing a complete overview of all offers rather than singling out or favoring one over the others.

When a client receives multiple offers on a listed property, the agent's primary responsibility is to present all offers to the seller without bias. This means ensuring that the seller has all pertinent information regarding each offer so they can make an informed decision. Presenting offers in a neutral manner helps maintain transparency, builds trust between the agent and the seller, and adheres to the ethical obligations of the agent.

By presenting all offers, the agent enables the seller to evaluate all options, including price, terms, contingencies, and closing timelines. This is crucial because it allows the seller to weigh each offer against their own priorities and financial goals. Additionally, agents have a legal duty to be fair and impartial, which is upheld by providing a complete overview of all offers rather than singling out or favoring one over the others.