Agency
When a Vermont listing broker receives an offer significantly below the asking price, the broker must:
AReject it without presenting it to the seller
BPresent it to the seller promptly✓ Correct
CCounter the offer on the seller's behalf without consultation
DHold the offer until a better one arrives
Explanation
A listing agent has a duty to present all offers to the seller promptly, regardless of price. Failure to present an offer is a breach of fiduciary duty and a violation of Vermont license law.
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