Agency
A Utah seller's listing agent who receives a full-price offer must:
AWait 24 hours before presenting it to the seller
BPresent the offer to the seller promptly, regardless of the agent's opinion of the offer✓ Correct
COnly present offers from buyers with mortgage pre-approvals
DPresent it only after the due diligence period has been discussed with the seller
Explanation
An agent has a fiduciary duty to present all offers promptly to the seller. Even if the agent thinks a different offer is better, or the offer has conditions the agent considers unfavorable, the seller has the right to evaluate all offers and make their own decision.
Related Utah Agency Questions
- The fiduciary duty of confidentiality in a Utah agency relationship means the agent must:
- When a Utah listing agent discovers that a buyer is represented by another agent at the same brokerage, the situation creates:
- A Utah agent who is buying a property they intend to flip for profit must disclose to the seller that:
- An exclusive right-to-sell listing in Utah means the listing broker earns a commission:
- In Utah, a limited agent (dual agent) must:
- Utah's agency disclosure law requires that the disclosure form be provided by:
- A Utah agent's duty of disclosure extends to:
- A buyer's agent in Utah owes which of the following duties to the seller?
Practice More Utah Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Utah Quiz →