2 CEU Credits

This course is designed to provide assistance to registrants involved in multiple offer situations. Both sides of a transaction will be examined. Whether a registrant is a seller representative or a buyer representative, certain obligations and guidelines exist that will affect their role and behaviour. Registrant’s professional lives are governed by laws, codes of ethics and local real estate board’s rules and regulations and all of them have a say in how registrants should conduct themselves in a multiple offer situation.

The purchase of real estate is typically the single biggest investment that people will make in their lifetimes. Naturally, a certain amount of stress is involved in the decision making process. Competing for a home against other buyers can magnify that stress level many times over. It is important that consumers make rational, informed decisions in such situations with the help of skilled, knowledgeable and ethical real estate professionals.

By the end of the course you will be able to:

• Explain the multiple offer process to your sellers and buyers.
• Recognize your obligations in a multiple offer situation under agency law and the codes of ethics.
• Make your buyer’s offer more attractive in a multiple offer situation.
• Identify conflicts in a multiple representation/multiple offer situation.
• Understand ethics and MLS^® violations in multiple offer situations.