Agency
In New Mexico, a seller's agent is obligated to present offers even after the seller has accepted another offer if:
AThe subsequent offer is higher
BThe original contract has not yet closed and the seller specifically instructs the agent to present all subsequent offers✓ Correct
CNever—once a contract is accepted, no further offers need be presented
DOnly if the subsequent offer is all-cash
Explanation
Once a contract is accepted, the seller is legally bound. However, agents may present subsequent offers as backups if the seller instructs them to, giving the seller information to make informed decisions if the primary deal falls through.
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