Agency & LawQuestion 41 of 120
An agent must present to the seller:
a.Only offers at or above the list price
b.All written offers received, even low ones, unless the seller instructs otherwise in writing
c.Only offers from pre-approved buyers
d.Only the highest offer received
Explanation
The duty of disclosure and diligence generally requires presenting all written offers to the seller promptly so the seller can decide. A seller may waive this in writing, but the agent cannot unilaterally screen out offers.
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