- (a) All offers received on a specific property shall promptly be presented to the seller by the listing firm or other licensee designated by an authorized representative of the listing firm.
(b)
- (1) Every offer received must be signed by the licensee who receives it and by that licensee's supervising broker.
- (2) Every acceptance must be signed by the listing licensee and that licensee’s supervising broker.
(3)
- (A) It is desirable for the supervising brokers of the selling licensee and listing licensee to review and sign each real estate contract before it is submitted to the seller, although that is not always possible.
- (B) However, such supervising brokers shall review and sign the real estate contract as soon as possible after it is received and, in all cases, prior to closing.