Virginia State Real Estate Exam Practice Question
A broker tells a seller that an offer is ‘ridiculously low' and urges rejection without presenting it. This is
Correct Answer: C
Rationale: In this scenario, the broker's actions constitute a violation of fiduciary duty. Brokers are obligated to act in the best interests of their clients, which includes presenting all offers, regardless of their perceived value. By dismissing the offer without presenting it, the broker fails to fulfill this duty.
Option A, "proper evaluation," is incorrect as the broker's subjective judgment does not replace the responsibility to present all offers. Option B, "legal if broker dislikes the price," is misleading; personal feelings about an offer do not exempt a broker from their obligations. Option D, "permissible under MLS rules," is also incorrect, as MLS rules emphasize transparency and the necessity of presenting all offers to clients.
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