Difficulty: Easy

Average Score: 100%

The listing broker has multiple offers but seller wants only cash. The broker must present:

Rationale

All offers to the seller.

The listing broker is obligated to present all offers to the seller, including those that do not meet the seller's specific criteria, such as the requirement for cash. This duty ensures that the seller is fully informed of all potential options before making a decision.

A (the highest cash offer to the seller.) YOUR ANSWER

While presenting the highest cash offer may seem advantageous, the broker must still disclose all offers to the seller. The seller retains the right to consider all options, not just the highest cash offer, and may choose a different offer based on other factors than just price.

B (the highest offer to the seller.) YOUR ANSWER

Similar to the previous choice, presenting only the highest offer does not fulfill the broker's duty to inform the seller of all offers received. The seller may prioritize other factors beyond just the highest monetary value, such as closing timelines or contingencies.

C (only cash offers to the seller.) YOUR ANSWER

Restricting the presentation to only cash offers limits the seller's options and does not align with the broker's responsibility to disclose all potential offers. The seller may still find value in non-cash offers that could be more favorable in other respects.

D (all offers to the seller.) CORRECT

The broker must present all offers to ensure the seller can make a fully informed decision. This includes offers that may not meet the seller’s cash-only preference, allowing the seller to weigh all possibilities.

Conclusion

In real estate transactions, the listing broker's duty is to present all offers to the seller, ensuring they are informed and can choose the best option for their needs. Limiting the presentation to only cash offers or the highest offer undermines this responsibility and restricts the seller's potential choices, which could lead to a less favorable decision.

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