A real estate agent is obligated to communicate any offer to the principal:
Correct Answer
A) unless the offer is patently frivolous or the agent is acting on written instructions of their seller.
Agents must present all offers to the principal promptly, regardless of amount or terms.
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Previous Question
A prospective buyer gave their broker a personal check for $1,000 payable to the seller along with an offer to buy the property. The buyer told the broker the check was not to be cashed until the end of the month. Which of the following is correct?
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A real estate broker is subject to disciplinary action from the Department of Real Estate (DRE) if they: