When a listing agent receives multiple offers on a property, what is their primary duty to the seller?
Correct Answer
B) Present all offers promptly to the seller for their consideration
A listing agent owes a fiduciary duty to the seller and must present all offers promptly. Withholding, filtering, or delaying offers would be a breach of that duty. Alaska real estate regulations require licensees to present all written offers to the seller in a timely manner.
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