Agency
A Maine listing agent is required to present all offers including those that are:
AOnly those above 90% of listing price
BAll written offers regardless of price, terms, or contingencies✓ Correct
COnly cash offers without contingencies
DOnly offers with pre-approval letters
Explanation
Maine listing agents must present all written offers to the seller regardless of price, terms, or contingencies. The seller has the right to decide whether to accept, reject, or counter any offer.
Related Maine Agency Questions
- When a Maine real estate agent represents both the buyer and seller in the same transaction as a dual agent, the agent must:
- Under Maine law, a real estate agent 'facilitating' a transaction (as a transaction broker) is different from a 'dual agent' primarily because:
- A Maine real estate agent who is a seller's agent and presents a lowball offer must:
- A Maine listing agent who is showing their own listing to a buyer without buyer representation should advise the buyer that:
- Under Maine law, 'apparent authority' of a real estate agent arises when:
- A Maine buyer's agent learns from the listing agent that the property is the subject of pending litigation (a boundary dispute). The buyer's agent must:
- A Maine real estate company practices designated agency with an internal information barrier policy that prevents designated agents from sharing client confidential information. This practice is known as:
- Under Maine's agency disclosure requirements, a listing agent who works with a buyer must clarify their agency relationship because:
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