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

In Georgia, when a broker receives multiple offers on a property, the correct course of action is to disclose all offers to the sellers. This approach is essential for ensuring that the seller can make an informed decision regarding which offer to accept. By presenting all potential offers, the broker allows the seller to compare the terms, prices, and contingencies presented in each proposal.

It is a fundamental responsibility of the broker to facilitate the seller's decision-making process, allowing them to weigh their options fully and consider factors beyond just the offered price. Full disclosure aligns with ethical practices and legal obligations in real estate, promoting transparency in transactions.

Other options, such as negotiating only the highest offer or ignoring lower offers, do not align with the best practices and fiduciary responsibilities that brokers owe to their clients. Selecting which offer to present first without considering all options could also lead to potential conflicts of interest and dissatisfaction from the seller who may feel one offer was unfairly prioritized.