What action is required if a listing agent receives an offer to purchase?

When a listing agent receives an offer to purchase, the essential action is to review the offer with the seller. This step is crucial because the listing agent acts as a representative of the seller's interests. The review process allows the seller to understand the terms and conditions of the offer, including the price, contingencies, and any other pertinent details that will influence their decision.

This discussion ensures that the seller is fully informed of their options, which may include accepting the offer, making a counteroffer, or rejecting it based on their selling strategy and market conditions. Engaging in this review allows the seller to make an informed decision that aligns with their goals and expectations in the transaction process.