Agent Guidelines w/ offers - Answer✔️✔️-A listing broker or agent is
required to respond in writing that an offer was submitted if the
cooperating broker who submitted the offer so requests
The listing broker or agent must respond in the affirmative unless the seller
has provided written notification waiving the obligation to have the offer
presented
Agent has to present all offers all the way throughout the contract, up to
closing
Creation of a counter offer - Answer✔️✔️-Any change in an offer, no matter
how small creates a counter offer
Counter offer must be accepted and communicated to the other party to
create a contract
Proper use of From 340-T: NCAR Response to Buyer's Offer
A valid contract is formed when a contract is signed, delivered and
communicated - Answer✔️✔️-"Communicating an offer or an acceptance to
a principal's agent is the same as communicating directly to the principal"
Beware Dual Agency is Communication is IMMEDIATE - Answer✔️✔️-
When a dual agent has been informed that the seller has accepted an offer
is already considered communicated to the buyer
Methods of communicating acceptance: - Answer✔️✔️-Oral
Personal delivery
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