Agency
What is a Nevada listing broker's obligation regarding offers received after a buyer's offer is already accepted?
AAll subsequent offers must be rejected
BThe listing agent must continue to present all bona fide offers to the seller, even after a contract is accepted, unless the seller instructs otherwise — the seller may accept a backup offer✓ Correct
COffers received after acceptance can be ignored
DSubsequent offers automatically become backup offers without the seller's involvement
Explanation
Unless the seller specifically instructs the agent to stop presenting offers, Nevada listing agents must continue to submit all offers to the seller after a contract is signed. The seller may accept a backup offer on the same or different terms if the primary contract fails.
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