Agency
An Oklahoma seller's agent who receives two offers simultaneously must:
APresent only the highest offer to the seller
BPresent all offers to the seller unless the seller has directed otherwise✓ Correct
CPresent offers in the order received only
DReject all offers below the listing price
Explanation
An Oklahoma seller's agent has a duty to present all offers to the seller promptly unless the seller has given specific written instructions about which offers to present. The seller, not the agent, decides which offers to consider.
Related Oklahoma Agency Questions
- Oklahoma's OREC agency disclosure requirement is intended primarily to ensure:
- An Oklahoma buyer's agent who earns a commission from the seller's proceeds is:
- An Oklahoma licensee who represents a buyer in purchasing a business that includes real estate must:
- An Oklahoma buyer's agent who helps the buyer negotiate price reductions based on inspection findings is:
- Oklahoma's real estate license law imposes a duty of accounting on licensees. This means the licensee must:
- Oklahoma's brokerage disclosure requirements are triggered:
- An Oklahoma buyer's agent who fails to present a counter offer to their buyer in a timely manner may be guilty of:
- An Oklahoma property manager acts as which type of agent for the property owner?
Practice More Oklahoma Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oklahoma Quiz →