# 10.37 Disclosure of Existence of Other Offers

**Company policy is to disclose the existence of offers on a property and any unresolved contingencies.** Under this standard a licensee is required to disclose the existence of offers on a property in response to inquiries from a buyer or a cooperating licensee (with the seller’s approval). Where such disclosure is authorized, **the licensee must also disclose whether the offers were obtained by the listing licensee, another licensee in the listing firm, or by a cooperating licensee**. Standard of Practice 3-6 REALTOR® Code of Ethics also requires that, upon inquiry, a licensee must disclose whether accepted offers have unresolved contingencies. A licensee is required to disclose the existence of offers on a property and any unresolved contingencies in response to inquiries from a potential buyer or cooperating licensee.