Listing Agent is Required to Submit All Offers Received
FACTS:
The seller told the listing agent that he did not want to accept any offers from investors.
ISSUE:
Must the listing agent present offers from investors in spite of the seller’s instruction?
ANSWER:
See discussion.
DISCUSSION:
The seller indicated that he would not accept any offers from investors. However, he did not instruct the listing agent not to present offers from investors. Thus, the listing agent is required to present all offers. See AAC R4-28-802 (B).