Final answer:
Landlords have the right to decline offers on their property even if it is within 5% of the listing price, as they may consider factors beyond just price.
Step-by-step explanation:
Yes, a landlord can decline an offer even if it's within 5% of the listing agreement price. The decision to accept an offer on a property is ultimately up to the property owner or landlord, not strictly determined by how close the offer is to the listing price. There may be various factors that contribute to a landlord's decision, including the prospective tenant's creditworthiness, rental history, and the terms of the lease being proposed. It is important to understand that real estate transactions involve negotiation, and being within a certain percentage of the asking price does not guarantee acceptance.