Final answer:
In an exclusive listing agreement with Discount Broker B, the minimum services they must provide typically include advertising the property, accepting and presenting offers on behalf of the seller, and answering questions about the offers. The correct answer is likely option d), assuming it aligns with state requirements and the specific terms of the listing agreement.
Step-by-step explanation:
When Seller S enters into an exclusive listing agreement with Discount Broker B, Broker B must provide a minimum level of service as required by law, which may vary by state. In general, these services often include the duties to help market the property and fulfill specific contractual obligations in the agreement. While the exact services will be dictated by the agreement and state law, at minimum, Broker B would typically need to:
- Advertise the property, to help attract potential buyers.
- Accept offers on behalf of the seller and present them promptly.
- Answer questions about the offers, providing sellers with the necessary information to make informed decisions.
Assisting with making counteroffers, attending the closing, or providing other services are also common but might not be mandated as minimum services. Therefore, the most accurate answer from the choices provided is likely option d) Accept offers on behalf of the seller, assist with making counteroffers and answer questions about the offers, assuming the broker fulfills their fiduciary duties and acts in accordance with the listing agreement.