70. A broker tells a seller that an offer is “ridiculously low’ and urges rejection without presenting it. This is
Answer: C
This is a violation of fiduciary duty.
When a broker advises a seller to reject an offer without presenting it, this behavior constitutes a violation of the broker's fiduciary duty to the client, which includes the obligation to present all offers honestly and fairly.
A) proper evaluation
While a broker may provide evaluations of offers, failing to present an offer, regardless of its perceived value, does not equate to a proper evaluation. The broker's duty requires them to present all offers to the seller for consideration.
B) legal if broker dislikes the price
It is not legal for a broker to disregard an offer simply because they dislike the price. Brokers must act in the best interest of their clients and present all offers, regardless of personal opinions about them.
C) violation of fiduciary duty
This option is correct because brokers are legally and ethically obligated to present all offers to their clients. By urging the rejection of an offer without presentation, the broker is failing to uphold their fiduciary responsibilities.
D) permissible under MLS rules
This action is not permissible under MLS rules, as these rules typically require brokers to present all offers to their clients. The broker's conduct in this scenario goes against the ethical standards expected in real estate transactions.
Conclusion
The broker's behavior is a clear violation of fiduciary duty, as it undermines the seller's right to consider all offers. Other options fail to recognize the fundamental responsibilities brokers have towards their clients, emphasizing the importance of transparency and fairness in real estate dealings.