Hawaii Pre-Licensing National Practice Exam 2025 – Your Complete Prep Guide

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What must a listing agent do upon receiving an offer from a buyer?

Present the offer to the seller promptly

Upon receiving an offer from a buyer, the listing agent has a fiduciary duty to present the offer to the seller promptly. This obligation is rooted in the agent's role as a representative of the seller, ensuring that the seller is fully informed of all offers made on their property. Timely communication is crucial in real estate transactions, as delays could result in missed opportunities or adverse market conditions.

The listing agent must present the offer even if they think it might be low or unacceptable; it is not their place to make judgments about the offer's value. Instead, they facilitate communication between the buyer and the seller, allowing the seller to decide how to respond, which may include acceptance, rejection, or negotiation. This duty to present all offers upholds the principle of loyalty to the seller and ensures transparency in the transaction process.

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Negotiate on behalf of the seller immediately

Reject the offer if it seems low

Inform the buyer about the market estimate

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