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Practice Of Real EstateBroker DutiesEASY

A West Virginia broker receives multiple offers. The broker should:

Correct Answer

B) Present all offers promptly to the seller

A broker must present all offers to the seller promptly. The seller has the right to see and consider every offer, regardless of amount or terms. Filtering or withholding offers violates the agent's fiduciary duty.

Answer Options
A
Present only the highest offer
B
Present all offers promptly to the seller
C
Accept the best offer on behalf of the seller
D
Present offers only after the open house ends

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Related Topics & Key Terms

Related Topics:

seller-rightsbackup-offersfiduciary-duty

Key Terms:

all offerspromptlyseller decidesno filteringduty
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