Alberta Real Estate Licensing Exam Practice · Question
If a real estate professional receives multiple offers on a property, what is their primary obligation to the seller?
Real estate professionals have a duty to present all offers to their client promptly and objectively, allowing the client to make an informed decision.
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Question: If a real estate professional receives multiple offers on a property, what is their primary obligation to the seller?
Answer options: ✅ Present all offers to the seller in the order they were received.
- Present only the highest offer to avoid overwhelming the seller.
- Recommend the best offer to the seller based on their expertise.
- Disclose the terms of all offers to all interested buyers.
Correct answer: Present all offers to the seller in the order they were received.
Explanation: Real estate professionals have a duty to present all offers to their client promptly and objectively, allowing the client to make an informed decision.
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