Agency
Iowa allows a seller to instruct their listing agent in writing not to present offers below a specified price. This instruction:
AIs illegal under Iowa fair housing law
BIs permitted and relieves the agent of the duty to present non-qualifying offers✓ Correct
CMust be filed with the IREC to be valid
DAutomatically voids the listing agreement
Explanation
Iowa law and IREC rules allow a seller to give their listing broker written instructions not to present offers below a specified price threshold. Such written instructions relieve the broker of the normal duty to present all written offers.
Related Iowa Agency Questions
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