What must a broker do when receiving multiple offers on a property?

Prepare for the Georgia Real Estate License Test. Use flashcards and multiple choice questions to enhance your understanding of the laws and rules. Get exam-ready with detailed explanations and hints!

When a broker receives multiple offers on a property, the correct action is to present all signed offers to the seller. This practice ensures that the seller has a complete understanding of their options, allowing them to make an informed decision based on all available offers rather than just focusing on a single one.

Presenting all signed offers is not only a best practice in terms of ethics and professionalism but is also in line with the broker's fiduciary duty to the seller. This duty requires the broker to act in the best interest of the seller, which includes providing all relevant information regarding the offers. By doing so, the seller can evaluate each offer based on its merits, terms, and potential risks, thereby maximizing their chances of achieving the best possible outcome in their transaction.

The other options involve selective presentation of offers, which may lead to ethical concerns and potentially violate real estate regulations. A broker must ensure transparency and fairness in their dealings, aligning with the legal obligations set forth in Georgia real estate laws.

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