Agency
An Alaska listing agent who believes a buyer's offer is too low may:
AReject the offer without presenting it to the seller
BPresent the offer to the seller along with the agent's professional opinion✓ Correct
CCounter the offer on the seller's behalf without authorization
DIgnore the offer if it is not in the seller's best interest
Explanation
A listing agent must present all written offers to the seller, regardless of the agent's personal opinion of the offer. The agent may share their professional assessment of the offer's merits while presenting it, but the decision to accept, reject, or counter is solely the seller's.
Related Alaska Agency Questions
- In Alaska, an agent who has 'apparent authority' is acting on authority that:
- If a seller's agent inadvertently creates an implied agency relationship with a buyer by extensively advising them, the most significant risk is:
- Which type of agency is created when an agent acts on behalf of a principal without explicit authorization, but the principal later approves the action?
- In Alaska, an agent's duty to 'account' means the agent must:
- A listing agent discovers structural damage to the foundation that the seller has not disclosed. The agent's obligation is to:
- An agency relationship is most commonly created by:
- An agent who represents neither the buyer nor the seller but facilitates the transaction is known as a:
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