Agency
If an Oregon seller instructs their agent to reject all offers below $500,000, and the agent receives a $485,000 offer, the agent should:
ADiscard the offer since it is below the stated minimum
BPresent the offer to the seller and inform them of the instruction to reject below $500,000✓ Correct
CSubmit a counter-offer directly without consulting the seller
DTell the buyer to resubmit at $500,000
Explanation
Even if a seller has instructed their agent not to present offers below a certain amount, the agent has a duty to present all written offers. The agent should present the $485,000 offer and remind the seller of their instruction. The seller can then decide whether to follow their own instruction or reconsider.
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