What should a licensee do if they receive multiple offers on a property?

When a licensee receives multiple offers on a property, it is essential to present all offers to the seller for consideration. This practice is rooted in fiduciary duties, which require the agent to act in the best interest of their client, the seller. By presenting all offers, the licensee ensures that the seller has complete information to make an informed decision, allowing them to weigh the pros and cons of each offer, including price, terms, and contingencies.

This approach not only maintains transparency in the transaction but also promotes fairness among potential buyers. It enables the seller to decide which offer aligns best with their personal circumstances, whether that's seeking the highest price, the quickest closing, or the least number of contingencies. Overall, presenting all offers enhances the seller's ability to make the most strategic choice regarding their property.