Alberta Real Estate Licensing Exam Practice · Question
A real estate professional receives an offer on their listing but concurrently receives a higher offer. What is their immediate obligation?
All offers must be presented to the client in a timely manner. If multiple offers are received, they should generally be presented together for the seller's rev
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Question: A real estate professional receives an offer on their listing but concurrently receives a higher offer. What is their immediate obligation?
Answer options:
- Present only the highest offer to the seller
- Present both offers to the seller sequentially, starting with the first received ✅ Present both offers simultaneously to the seller for consideration
- Advise the lower offer buyer to increase their offer
Correct answer: Present both offers simultaneously to the seller for consideration
Explanation: All offers must be presented to the client in a timely manner. If multiple offers are received, they should generally be presented together for the seller's review.
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