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Authorized Relationships DisclosuresSingle_agentHARD

Single agent Rodriguez represents buyer Adams in Tallahassee. Adams asks Rodriguez to submit an offer $20,000 below asking price on a property Rodriguez knows has multiple offers at full price. What should Rodriguez do?

Correct Answer

D) Submit the offer as requested and advise Adams of the market conditions

Correct: D - Submit the offer as requested and advise Adams of the market conditions. Rodriguez must follow Adams' lawful instructions while providing professional advice about market conditions, balancing obedience with the duty to exercise reasonable care and skill. Why not A: This option is incorrect because "Withdraw from the representation" does not match the rule tested by the question. The correct answer is "Submit the offer as requested and advise Adams of the market conditions". Rodriguez must follow Adams' lawful instructions while providing professional advice about market conditions, balancing obedience with the duty to exercise reasonable care and skill. Why not B: This option is incorrect because "Increase the offer amount without Adams' consent" does not match the rule tested by the question. The correct answer is "Submit the offer as requested and advise Adams of the market conditions". Rodriguez must follow Adams' lawful instructions while providing professional advice about market conditions, balancing obedience with the duty to exercise reasonable care and skill. Why not C: This option is incorrect because "Refuse to submit the low offer" does not match the rule tested by the question. The correct answer is "Submit the offer as requested and advise Adams of the market conditions". Rodriguez must follow Adams' lawful instructions while providing professional advice about market conditions, balancing obedience with the duty to exercise reasonable care and skill.

Answer Options
A
Withdraw from the representation
B
Increase the offer amount without Adams' consent
C
Refuse to submit the low offer
D
Submit the offer as requested and advise Adams of the market conditions

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Related Topics & Key Terms

Key Terms:

single_agentobediencereasonable_caremarket_advice
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