What is required from a listing broker if a cooperating broker requests confirmation of an offer submission?

In the context of real estate transactions, the listing broker holds a fiduciary responsibility to communicate effectively and promptly regarding transaction-related matters, including the submission of offers. When a cooperating broker requests confirmation that an offer has been submitted to the seller, the listing broker is required to respond in writing. This written confirmation serves to provide formal acknowledgment of the offer's status, ensuring transparency and accountability throughout the transaction process.

Providing written confirmation also helps maintain professionalism and fosters a positive relationship between brokers. It clearly documents the communication regarding the offer, which can be important for all parties involved, including the buyer, seller, and respective brokers. Ensuring that all communications are documented can prevent misunderstandings and verify compliance with disclosure laws and practices in real estate.