Alberta Real Estate Licensing Exam Practice · Question
A buyer makes an offer on a property, and the seller counters. The buyer then makes another offer, lower than their initial offer. Is the seller obligated to consider the new, lower offer?
Real estate professionals are obligated to present all offers to their client, regardless of their perceived value, unless instructed otherwise in writing.
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Question: A buyer makes an offer on a property, and the seller counters. The buyer then makes another offer, lower than their initial offer. Is the seller obligated to consider the new, lower offer?
Answer options: ✅ Yes, all offers must be presented and considered
- No, the seller can ignore offers that are lower than previous ones
- Only if the buyer retracts the counter-offer first
- Only if the seller's real estate professional advises them to
Correct answer: Yes, all offers must be presented and considered
Explanation: Real estate professionals are obligated to present all offers to their client, regardless of their perceived value, unless instructed otherwise in writing.
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