Multiple Offers and when to disclose

• Standard of Practice 1-15
REALTORS® in response to inquiries from buyers or cooperating brokers shall, with the sellers’
approval, disclose the existence of offers on the property. Where disclosure is authorized,
REALTORS® shall also disclose, if asked, whether offers were obtained by the listing licensee,
another licensee in the listing firm, or by a cooperating broker. (Adopted 1/03, Amended 1/09)

Before you panic get the facts

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