Agency
In Utah, a listing agent who receives a low offer should:
AReject it without presenting it to the seller
BPresent it promptly to the seller and let the seller decide✓ Correct
CCounter it themselves without consulting the seller
DPresent it only if the buyer provides proof of financing first
Explanation
Regardless of the agent's personal opinion of an offer's merit, all written offers must be presented promptly to the seller. The seller, not the agent, has the right to decide whether to accept, reject, or counter.
Related Utah Agency Questions
- An open listing agreement in Utah allows:
- Subagency in Utah real estate means that:
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- In Utah, the agency disclosure form must be provided:
- A Utah real estate licensee acting as a buyer's agent signs a buyer representation agreement. This agreement:
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- An agent who continues to act on behalf of a client after the listing agreement has expired is acting:
- Under a Utah buyer representation agreement, the buyer's agent owes the buyer the duty of:
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