Illinois License Law
An Illinois real estate broker must present all written offers to purchase to the seller:
AOnly if the offer meets the listing price
BPromptly, unless the seller has given written instructions to the contrary✓ Correct
COnly during normal business hours
DAfter first screening them with the managing broker
Explanation
Illinois law and REALTOR® ethics require brokers to present all written offers to the seller promptly, regardless of how low the offer is or whether another offer is already pending. A seller may give written instructions limiting the presentation of certain types of offers (e.g., no offers below a certain price), but absent such instructions, all offers must be presented. Failure to present offers is a violation of fiduciary duty and license law.
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