Where a broker enters into a listing agreement with a seller, the broker cannot comply with the seller's request not to present offers which are less than the seller's listing price without violating the provisions of the Transaction and Single-Party Brokers statutes and the Oklahoma Real Estate Commission's administrative rules, which require a broker to present all bona fide offers to the seller. 59 O.S. 2001, Â§Â§ 858-353(4)(a), 858-354(B)(4)(a); OAC 605:10-17-4(10)-(11)."
The following is directly from the OREC...
"605:10-17-4. Prohibited dealings
Within the meaning of subsection 8 of Section 858-312 of the â€œCode,â€ untrustworthy, improper, fraudulent
or dishonest dealing shall include, but not be limited to, the following: (11 ) Failure to submit all bona fide offers to an owner when such offers are received prior to the seller
accepting an offer in writing.
â€œBona fide offerâ€ means an offer in writing."
You can request a GFE, but it's not required to submit an offer, and can not be used as a reason not to present an offer.
As my little disclaimer I'm not an attorney and do not specialize in Real Estate Law, this is information found on the internet from previous cases and directly from the Oklahoma Real Estate Commission.
I prefer to work with Realtors who are honest. If she would have simply explained that she needed it to work up an expense sheet for the borrower, I could appreciate that!! I just find it disturbing that some people aren't strong enough to be upfront and honest.