Legal Q&A | Are listing agents required to present verbal offers to their clients?
QUESTION: I have a property listed for sale. A buyer’s agent arranged a showing of the property a few days ago. The agent just called and told me that her client is out of town but that he has authorized her to make a verbal offer. She explained the terms of the offer including the price, the due diligence fee, the earnest money deposit, and the proposed closing date. She also told me that she expects to present her client’s signed offer within a few days. I know that a verbal offer is not enforceable. Do I still have an obligation to present it to my client?
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