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

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When an agent receives multiple offers on a property, the appropriate action is to present all offers to the seller at the same time. This ensures transparency and allows the seller to make an informed decision based on all available options. Presenting all offers enables the seller to evaluate each one in relation to their goals, whether that involves price, contingencies, or closing timelines.

This approach fosters a fair environment for all buyers and helps avoid potential conflicts or claims of favoritism, which could arise if only one offer is highlighted or prioritized. Moreover, it encourages the seller to engage in negotiations, which can lead to better outcomes overall, including the possibility of counteroffers.

The other options may not serve the best interests of the seller or the ethical standards of the real estate profession. Accepting the best offer immediately without considering others overlooks potential opportunities for better terms or prices. Choosing based on personal appeal can compromise the seller's best interests. Waiting for a higher offer could result in lost opportunities, as buyers may withdraw offers or shift their interest elsewhere.

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