You have been seeking a buyer for a client's property and have submitted two offers that are near list price, advising your client to accept the higher one. A third prospective buyer brings an offer that is several thousand dollars lower than either of the others, and asks you to present it to your client also. Must you present this offer,
and why or why not?
A. You need not present the offer because it would not be in your client's best interest to accept it over either of the others and you are obliged to serve your client's
best interest.
B. You need not present the offer because your client has two good offers in hand, and has told you he finds both acceptable and will accept one of them before
they expire.
C. You must present the offer because failure to do so would breach your fiduciary duty to the prospective buyer.
D.You must present the offer because you must present all offers tendered, even disadvantageous ones.
You have been seeking a buyer for a client's property and have submitted two offers that are near list price, advising your client to accept the higher one. A third prospective buyer brings an offer that is several thousand dollars lower than either of the others, and asks you to present it to your client also. Must you present this offer,
and why or why not?
A. You need not present the offer because it would not be in your client's best interest to accept it over either of the others and you are obliged to serve your client's
best interest.
B. You need not present the offer because your client has two good offers in hand, and has told you he finds both acceptable and will accept one of them before
they expire.
C. You must present the offer because failure to do so would breach your fiduciary duty to the prospective buyer.
D.You must present the offer because you must present all offers tendered, even disadvantageous ones.