Contracts
A seller receives two offers simultaneously. The seller wants to let both buyers know there are multiple offers. The seller's agent should:
ADisclose both offer prices to each buyer
BNotify both buyers that multiple offers exist without disclosing the terms of the competing offer✓ Correct
CAutomatically accept the highest offer
DReturn both offers and ask for best and final offers only after obtaining seller approval
Explanation
The seller's agent may disclose the existence of multiple offers with the seller's permission, but cannot disclose the specific terms (price, conditions) of one buyer's offer to the other buyer without both parties' consent.
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