A listing agent must present offers to his or her client without delay. What does "without delay" mean?

Prepare for the Kentucky Reciprocity Test. Hone your skills with multiple choice questions and detailed explanations. Master the content and ace your exam!

When it is stated that a listing agent must present offers "without delay," it indicates that the agent should bring any received offers to their client as soon as possible. This requirement is rooted in the obligation agents have to act in the best interest of their clients, ensuring that clients are promptly informed of potential opportunities. Presenting offers immediately allows clients to make timely decisions regarding the property, which is crucial in a fast-paced real estate market.

The other options do not accurately capture the essence of "without delay." While a specific timeframe like within 24 hours or at the end of the business day provides limits that may not adequately account for the urgency often involved in real estate transactions, focusing on "as soon as possible" aligns with the duty of the agent to prioritize their client's needs and facilitate timely communication. Therefore, understanding this phrase as an imperative for immediate action reinforces the agent's role in supporting and advocating for their clients.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy