Posted by Carmen_FL on February 23, 2000 at 20:13:55:
if the owner SPECIFICALLY told them not to. Legally they are not obligated to present these offers.
Most realtors, for CYA reasons, get these specs in writing (e.g. “Seller hereby advises Realtor that he does not wish to have offers under $80,000 presented until further written notice. Signed, Joe Blow, Seller”), and then present the offers anyway! Sometimes it’s as informal as a phone call, and mentioned among other things, and if the buyer is being a total pest, Realtors will usually say “I know you told me you didn’t want to see any offers below $80,000, but some clown sent one in for $72,000 and is giving me a hard time. Would you mind signing this marked ‘refused’?” Once in a while, they are shocked when the owner goes “Hmmmm… $72K, huh? Tell you what, why don’t you send me the contract so I can look at it?” but usually the seller who sets out conditions is not particularly motivated to sell that particular house except under his own terms anyway.
The Realtor CANNOT make decisions for the seller if no specifications are mentioned, however - e.g. Realtor thinks to himself “Hmm, the owner has been trying to sell this house for 6 months, and I know he’s getting desperate, but I don’t think he’s desperate enought to take $72K, so I won’t bother him with this lowball offer”. THAT could get a Realtor in trouble.