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Property MarketingQLDHARD

A Queensland agent receives multiple offers on a listed property. Under best practice and legal requirements, the agent should:

Correct Answer

B) Present all offers to the seller promptly and let the seller decide which to accept

An agent has a fiduciary duty to their principal (the seller) and must present all genuine offers promptly. The decision to accept or reject any offer rests solely with the seller, regardless of the offer amount.

Answer Options
A
Accept the highest offer on the seller's behalf without notifying the seller of other offers
B
Present all offers to the seller promptly and let the seller decide which to accept
C
Only present offers that meet the listed price
D
Negotiate exclusively with the first buyer who made an offer

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Related Topics & Key Terms

Key Terms:

fiduciary dutypresent all offersseller's decision
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