I would agree with those that all offers, even those coming after a signed offer has been accepted should find their way into the owner's hands. There could be unsatisfied contingencied on the initial contract that may cause the deal to collapse. It sure would be nice for both the buyer and the agent if there was another buyer "on deck" waiting.
The legal/regulatory obligation may vary from state to state. The link to the Arizona Department of Real Estate is below in case you want to explore this with the regulators.
But what does not change between states is the Code of Ethics and Standards of Practice of the National Association of RealtorsÂ®. All RealtorsÂ® agree to abide by this code, but not all agents are realtorsÂ®. You should check.
Basically Article 1-7 of the code states that RealtorsÂ® shall submit all offers and counter-offers until closing unless the seller has waived this obligation in writing.
I can only speak for myself when I say that is a conversation I have ahead of time during my buyer consultation to discuss what the buyer can expect and how he/she wants to handle multiple offers and offers being received after we are under contract.
The nice thing about getting "other offers" is they can be in a backup position if your initial offer fails to complete the transaction.
Hope that helps.
Keller Williams Sonoran Living
You cannot cancel the offer you already accepted unless the Buyer breaches the contract (normally you must give them 3 days notice to cure a breach under a standard AZ contract)
I would suggest that you entertain all offers and counter as a Backup Offer assuming the first offer might fall through. This way you have a fall back position.
Mark Lindabury ABR, GRI
Russ Lyon Sothby's International Realty
That is an excellent question. In the absence of any specific instructions from you to your agent, an agent does NOT have any duty or obligation to present offers once you have accepted and signed a contract. However, if you have instructed your agent to continue presenting offers, then he must follow your instructions. If he has not followed your instructions, he or she may be in violation of NAR's Code of Ethics as well as Arizona statute.
A good agent will always marketing a property, even when under contract, and will encourage submission of backup offers.