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Aren't Realtors required to present all offers before a contract is signed?

I wanted to make a cash offer on a vacant, foreclosed home.  The Realtor brushed me off, saying the house was under contract.  Her assistant told me that wasn't actually correct - the contract had fallen through, and the Realtor was ready to present 2 backup offers. Because there is no contract, isn't she legally obligated to present my offer?
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May 29 2012 - Hartland
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Answers (3)

When a Realtor is representing a seller, getting the seller the most favorable deal is the goal. Price is important of course, but other factors figure in. Closing cost and when to close. Many other things need to be discussed with seller and the seller given the choice once all is explained.



Good Luck!
James Callas - Realtor® 
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May 29 2012
Agents are required to submit all offers to the seller. However - they're not obligated to prepare a written offer on your behalf, nor are they obligated to hold up proceedings while waiting for you to prepare a written offer.

If the offer is not written . . . well, I have a feeling that it might take a judge to decide on that. As a practical matter, if the seller and agent say, "We're looking at offers at 2pm Tuesday," and your offer is only on the tip of your tongue, they're going to work with what they've got on paper - and if one goes away, they'll probably work with the other ones.

All the best,
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May 29 2012
They are supposed to present all offers to seller if it is a mulitple offer situation.  Or take back up offers. 
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May 29 2012
 
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Aren't Realtors required to present all offers before a contract is signed?
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May 29 2012 | 3 answers
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