59. The listing broker has been presented with multiple offers. The seller would accept only a cash offer on the home. The broker must present:
Answer: D
All offers must be presented to the seller.
In this scenario, the listing broker is required to present all offers to the seller, even if the seller has indicated a preference for only cash offers. This ensures that the seller is fully informed of all available options.
A) The highest cash offer to the seller.
This option is incorrect because the broker is not limited to presenting only the highest cash offer. The seller's preference for cash does not negate the need to present all offers, allowing the seller to make a fully informed decision.
B) The highest offer to the seller.
This choice is also incorrect. Similar to option A, presenting only the highest offer disregards the obligation of the broker to present all offers received, regardless of their type.
C) Only cash offers to the seller.
While the seller would only accept cash offers, the broker must still present all offers received. This option fails to acknowledge the requirement for complete transparency regarding all offers.
D) All offers to the seller.
This is the correct option as it aligns with the ethical obligation of the listing broker to present every offer received to the seller, allowing them to make the most informed decision based on their preferences.
Conclusion
The correct answer is D as the listing broker has a duty to present all offers to the seller, ensuring they are informed of every possibility before making a decision. Options A, B, and C do not fulfill this obligation, as they limit the seller's ability to evaluate all potential offers comprehensively.