Agency
A Virginia licensee representing a seller receives an offer that is well below the listing price. The licensee's duty is to:
AReject the offer without presenting it to the seller
BPresent the offer promptly to the seller, regardless of the price✓ Correct
CInform the buyer the offer will be rejected
DCounter the offer on the seller's behalf without consultation
Explanation
A Virginia agent has a duty to present all offers promptly to the seller, including low offers. The seller has the right to make all decisions about accepting, rejecting, or countering any offer.
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