Colorado Sales License Practice Test 2026 – Your All-in-One Guide to Passing the Exam!

Question: 1 / 400

When should a broker present offers to their client?

At the end of the day

As soon as practical, regardless of the offer's terms

A broker is obligated to present all offers to their client as soon as is practical, irrespective of the terms of those offers. This duty aligns with the fiduciary responsibility that brokers have towards their clients, which includes acting in their best interests and keeping them fully informed about potential transactions.

Presenting offers promptly allows the client to make informed decisions based on the latest information available. Delaying the presentation of offers could prevent the client from fully assessing their options or capitalizing on opportunities that may arise from those offers. It is essential for brokers to maintain transparency and open communication with their clients, ensuring they have all relevant information readily available to make sound business decisions.

This approach also fosters trust in the broker-client relationship and complies with legal and ethical requirements in real estate transactions.

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Only if the offer meets a minimum price

When all buyers have submitted their offers

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