Agency
An agent who allows their personal opinion of the buyer's offer to prevent them from presenting it to the seller is guilty of:
AGood judgment in the seller's interest
BBreach of the duty to present all offers promptly✓ Correct
CLegitimate exercise of professional discretion
DDual agency
Explanation
The agent's duty is to present all offers promptly to the client. Filtering or withholding offers based on personal opinion is a serious breach of fiduciary duty. The decision to accept, counter, or reject belongs solely to the principal.
Related Arkansas Agency Questions
- In an in-house transaction where the same brokerage represents both buyer and seller, the broker may avoid dual agency by using:
- In Arkansas, what must occur before a broker can represent both the buyer and seller in the same transaction?
- A cooperating broker who finds a buyer for a listed property typically earns compensation through:
- An agent who gives a buyer advice about negotiating a lower price for a seller's property (without representing the buyer) is potentially creating:
- The duty of obedience in an agency relationship requires the agent to:
- Puffing in real estate is best described as:
- An Arkansas real estate agent's E&O (errors and omissions) insurance covers:
- A seller's agent represents the seller but has no client relationship with the buyer. What duties does the agent owe to the buyer?
Practice More Arkansas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arkansas Quiz →