What is the responsibility of a seller's agent regarding multiple offers?

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The responsibility of a seller's agent regarding multiple offers is to present all offers to the seller promptly and honestly. This means that the agent has an ethical obligation to ensure that the seller is fully informed about all potential offers on the property. By doing so, the seller can make a well-informed decision on which offer to accept. This duty underscores the agent's role in representing the best interests of the seller while maintaining transparency in the transaction process.

Presenting all offers allows the seller to weigh their options and choose the offer that best fits their needs and financial goals. It also helps to uphold fairness in the process, as filtering offers or choosing one without the seller's input could lead to negative consequences, including potential legal issues or loss of trust.

Ethics in real estate practice mandate that agents act in good faith, which includes not withholding information from clients. Hence, the agent's role is to act as a facilitator, providing all the necessary details so the seller can make an empowered decision.

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