Agency
What is a Nevada listing agent's duty to the seller when a buyer's agent makes a low offer?
AThe listing agent can reject the offer without telling the seller
BThe listing agent must present all offers to the seller promptly, regardless of price, and provide any relevant market information to help the seller evaluate the offer✓ Correct
CThe listing agent must counter at the listed price
DThe listing agent should discourage the seller from countering to save time
Explanation
A Nevada listing agent's fiduciary duty to the seller requires presenting all offers promptly and completely, regardless of price. The agent must provide information to help the seller make an informed decision — including market analysis of comparable sales — but cannot unilaterally decide which offers the seller sees.
Related Nevada Agency Questions
- What is the Nevada Agency Disclosure that must be provided to clients, and when must it be given?
- What is a broker's liability for an agent's fraudulent acts in Nevada?
- What is a net listing in Nevada and why is it controversial?
- A Nevada licensee who acts as a property manager for a landlord is the landlord's:
- What is 'termination of agency' and what events can end an agency relationship in Nevada?
- What is a Nevada seller's agent required to disclose to a buyer about a property?
- What is 'apparent authority' in a Nevada real estate agency context?
- A seller's agent has a duty to disclose to a buyer which of the following?
Practice More Nevada Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nevada Quiz →