10.34 Failure to Submit Offers In A Timely Manner

Company policy is to always submit offers in a timely manner. A licensee must present all written offers to the owner of a property prior to the closing of a sale on the property. Two possible exceptions to this rule exist:

1. If the seller has an accepted offer on the property and specifically states that he does not want to see any future offers.

2. If the written offer is clearly frivolous, it does not have to be presented.

The best practice is to present all offers and let the seller decide what is to be considered or not. If the seller only wishes to see offers above a certain price, the Associate must obtain this in writing.

As a general rule, Associates must present all written offers to the owner of a property prior to the closing of a sale on the property.