9. Before presenting a counteroffer from a seller to a buyer, an Illinois licensee encounters another potential buyer. This second person asks the licensee to write an offer on the same property at a price lower than the first buyer's offer. The licensee should make appropriate disclosures and
Answer: B
The licensee should write the offer as requested and present it to the seller.
In this scenario, the licensee is obligated to write the offer from the second potential buyer and present it to the seller. This action ensures that the seller is aware of all offers on the property, which is a fundamental responsibility of the licensee in real estate transactions.
A) tell the second potential buyer the property is sold.
This option is incorrect because the property is not sold; there is an active counteroffer from the seller. Informing the second potential buyer that the property is sold would be misleading and not in line with the licensee's duty to present all offers to the seller.
B) write the offer as requested and present it to the seller.
This option is correct as it aligns with the licensee's duty to act in the best interest of both buyers and the seller. By writing and presenting the second offer, the licensee ensures that the seller has the opportunity to consider all potential offers before making a decision.
C) refuse to write the offer for less than the seller's counteroffer.
Refusing to write the offer would not be appropriate, as it disregards the licensee's obligation to submit all offers to the seller. The seller has the right to consider any offer, regardless of whether it is lower than an existing counteroffer.
D) write the offer only after presenting the seller's counteroffer to the first buyer.
This option is incorrect because it delays the process unnecessarily. The licensee should not withhold writing the second offer; both offers should be presented to the seller simultaneously, allowing them to make informed decisions.
Conclusion
The correct answer is B, as it reflects the licensee's responsibility to facilitate communication between buyers and sellers. Options A, C, and D either mislead or limit the seller's options, whereas writing the offer for the second potential buyer ensures transparency and upholds ethical standards in real estate practice.