Agency
A New Mexico listing broker receives an offer below the asking price. The broker must:
AReject the offer on behalf of the seller
BPresent the offer to the seller promptly✓ Correct
CHold the offer until a better one arrives
DAdvise the buyer to increase the offer before presenting
Explanation
A listing broker has a duty to present all offers to the seller promptly, regardless of price. Withholding or delaying an offer violates the agent's fiduciary duty to the seller.
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