Agency
In NC, a listing agent who fails to present all offers to the seller, selectively withholding low offers, violates the duty of:
AConfidentiality
BLoyalty and obedience — all offers must be presented unless the seller instructs otherwise✓ Correct
CAccounting
DFair dealing with third parties
Explanation
A listing agent must present all offers to the seller promptly unless the seller has specifically instructed otherwise in writing. Withholding offers violates the duties of loyalty and obedience.
Related North Carolina Agency Questions
- When a NC buyer's agent presents an offer on behalf of their buyer, they are fulfilling which fiduciary duty?
- Which agency relationship is created when a North Carolina broker shows a buyer a property that the broker also has listed for the seller?
- When must a North Carolina licensee provide the 'Working with Real Estate Agents' brochure to a prospective buyer?
- Which NC disclosure form must sellers of most residential property complete?
- The 'Working with Real Estate Agents' brochure in North Carolina explains:
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- A NC buyer's agent who also works part-time as a home inspector must disclose this dual role to buyer clients because:
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