A Queensland agent receives multiple offers on a listed property. Under best practice and legal requirements, the agent should:
Correct Answer
B) Present every offer to the seller promptly and let the seller decide
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.
Why This Is the Correct Answer
The agent acts for the seller, so every genuine offer must be passed on promptly and the choice of which to accept, counter or reject belongs to the seller.
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