A WA agent receives multiple offers on a property. What is the agent's legal obligation regarding the presentation of these offers to the vendor?
Correct Answer
D) Present every offer to the vendor as soon as practicable after receiving it.
Under the Real Estate and Business Agents Act 1978 (WA) and the Code of Conduct, an agent must present all written offers to the vendor as soon as practicable. Withholding or failing to present an offer is a breach of the agent's statutory and fiduciary duties.
Why This Is the Correct Answer
The vendor, not the agent, decides which offer to accept. A WA agent must therefore pass every offer to the vendor as soon as practicable, so the vendor can weigh price and conditions together.
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