What does Texas law require when a licensee receives multiple offers for a property?

Texas law mandates that when a real estate licensee receives multiple offers for a property, all offers must be presented to the seller. This requirement ensures that the seller has the opportunity to consider each offer fully, allowing for a transparent and informed decision-making process. Presenting all offers promotes fairness in transactions and adheres to the ethical standards set for real estate professionals.

This practice also empowers the seller to weigh the benefits and conditions of each offer, potentially negotiating better terms or identifying the most suitable buyer for their property. By presenting all offers, the licensee fulfills their fiduciary duty to act in the best interests of their client, ensuring that no opportunities are overlooked and that the seller's needs are thoroughly addressed.