A listing agent receives multiple purchase offers on a property. Which offers must the agent present to the seller?
Correct Answer
B) All offers received, regardless of price or terms
A listing agent has a fiduciary duty to present all offers to the seller promptly and in a timely manner, regardless of price, terms, or the buyer's financing status. Withholding or filtering offers without the seller's prior written authorization is a violation of the agent's duty of loyalty and obedience under Maine real estate law.
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