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An agent who receives an unreasonable offer on their principal's property should generally

a) Counteroffer immediately
b) Accept the offer
c) Reject the offer outright
d) Present it to the principal for consideration

User Rbm
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1 Answer

3 votes

Final answer:

An agent should present an unreasonable offer on their principal's property to the principal for consideration, maintaining transparency and fulfilling their fiduciary duty.

Step-by-step explanation:

When an agent receives an unreasonable offer on their principal's property, the most professional and responsible action is generally to present it to the principal for consideration (d). Despite the offer being considered unreasonable, the agent holds a fiduciary duty to the principal to present all offers, unless previously directed otherwise by the principal. This approach maintains transparency in the agent-principal relationship and ensures the principal is fully informed before making any decisions regarding their property.

An outright rejection (c) of the offer without the principal's consent might breach this duty, while accepting the offer (b) does not respect the client's rights to make the final decision. Counteroffering (a) immediately without principal's intervention may not align with the principal's best interests or negotiating strategy.

Therefore, it's important that the agent communicates effectively with their principal, presenting the offer and providing their professional opinion on why it is unreasonable, and then following the principal's instructions on how to proceed.

User Nzifnab
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