Agency
A Connecticut listing agent receives two simultaneous offers. One offer is from a buyer whose loan pre-approval is for a lower amount; the other is a higher cash offer. The listing agent should:
APresent only the higher cash offer to the seller
BPresent both offers to the seller simultaneously and let the seller decide which to accept, counter, or reject✓ Correct
CWait for a third offer before presenting any
DAdvise the seller to reject both and relist at a higher price
Explanation
A listing agent must present all offers promptly to the seller. When multiple offers are received, best practice and ethical duty require presenting them simultaneously so the seller can make an informed decision—not cherry-picking which offers to present.
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