Agency
A Colorado broker who represents a buyer in making offers on multiple properties simultaneously should:
AA. Make separate offers without telling each seller about the others
BB. Discuss with the buyer the ethical and practical implications — including how to handle multiple accepted offers — and ensure the buyer understands their obligations under each contract✓ Correct
CC. Advise the buyer to only make one offer at a time to avoid legal issues
DD. Submit all offers simultaneously without disclosing to any seller
Explanation
Submitting offers on multiple properties is not inherently unethical, but the broker should counsel the buyer about the risks: if more than one offer is accepted, the buyer could be bound to multiple contracts simultaneously. The buyer must understand their legal obligations and the potential consequences (losing earnest money on one or more contracts).
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