Agency
A Maine listing agent receives two simultaneous offers on a property. The agent must:
APresent only the higher offer to save time
BPresent all offers to the seller promptly and allow the seller to decide how to proceed✓ Correct
CWait 24 hours before presenting either offer
DCombine the offers into one for the seller
Explanation
A listing agent must present all written offers to the seller promptly. The seller has the right to decide whether to accept, reject, or counter any offer — that decision belongs to the seller, not the agent.
Related Maine Agency Questions
- Under Maine law, when a buyer's agent receives an offer of subagency from a listing broker, accepting the offer means the agent:
- A Maine real estate agent who, without authorization, promises a seller that the property will sell within 30 days has exceeded their authority. This is an example of:
- A Maine licensee who represents a seller must disclose to all buyers:
- In Maine, which of the following is a common reason for terminating an agency relationship?
- When a Maine real estate agent represents only one party but provides services to both buyer and seller, this is called:
- Maine requires that buyer brokerage agreements include:
- In Maine, the agency disclosure law requires the Consumer Information Statement to be provided in what language?
- A Maine listing agent who discovers their seller has not disclosed a known roof leak should:
Practice More Maine Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Maine Quiz →