What is the exam-ready answer?
| Official syllabus topic | Real Estate Practice in Georgia: Sales Contracts; Listings and Agency |
|---|---|
| Official PSI group | Real Estate Practice in Georgia |
| Published group count | 21 of the 52 Georgia questions |
| Exam portion | Georgia salesperson supplement |
| Source edition | PSI Georgia Candidate Information Bulletin dated July 1, 2026 |
The Rule
PSI publishes 16, 21, and 15 items for the three Georgia groups. It does not publish a guaranteed subtopic count. The statute, current GREC rule, contract, or other cited primary authority controls each lesson.
The lesson
Georgia questions reward the Georgia rule. A national rule that sounds right can still be the wrong answer when the question names a Georgia statute, document, role or procedure.
Timely presentation
The 2024 BRRETA amendment makes presentation duties explicit even when the client is already under a sales contract.
Seeking offers
A broker is not necessarily required to seek new offers while property or buyer is under contract unless the engagement requires it.
Counteroffer
A counter changes terms and ordinarily ends the offeree's power to accept the original offer. The new offer must be accepted and communicated as required.
Multiple offers
The client chooses the lawful response. The broker presents accurately, protects confidential information, follows instructions, and avoids promising a ranking or outcome.
Decision rule
Georgia rule and national contrast
Worked Georgia example
Scenario. A listing broker receives a higher offer after the seller signed a contract and withholds it because the property is pending.
Reason it through. The broker may not be required to seek the offer, but an offer actually received must be timely presented to the seller under current Section 10-6A-5.
Answer. Present the offer and let the seller obtain advice about existing contractual obligations.
Common exam traps
- Equating presentation with acceptance
- Withholding later offers
- Confusing seeking with presenting
- Revealing another offer's confidential terms without authority
Original practice questions with detailed explanations
These are original instructional questions mapped to the July 1, 2026 PSI outline. They are not copied from PSI or a live examination. Choose an answer before opening the explanation.
Question 1A listing broker receives a higher written offer after the seller has signed a contract with another buyer. The listing engagement does not require seeking backup offers. What must the broker do?
- A. Withhold it, because the property is already under contract.
- B. Return it, since the broker has no duty to seek offers now.
- C. Hold it and present it only if the current contract fails.
- D. Present it to the seller promptly, despite the contract.
Show answer and explanation →
Answer: D. Present it to the seller promptly, despite the contract.
BRRETA requires a seller's broker to timely present all offers to and from the seller, even while the property is under contract. The engagement only affects whether the broker must seek new offers. The second choice is the classic mix-up between seeking offers and presenting them.
Question 2A buyer offers $310,000. The seller counters at $320,000, and the buyer rejects the counter. The seller then says, "Fine, I accept your $310,000 offer." Nothing in the documents kept the original offer open. Is there a contract?
- A. No, the counteroffer ended the seller's power to accept it.
- B. Yes, because the original offer stayed open until its deadline.
- C. Yes, because the seller agreed to a price the buyer offered.
- D. No, because a counter needs approval from both brokers first.
Show answer and explanation →
Answer: A. No, the counteroffer ended the seller's power to accept it.
A counteroffer rejects the original offer unless the documents say otherwise. Once the seller countered, the $310,000 offer was gone, so the seller's later acceptance is only a new offer the buyer may accept or refuse. The deadline answer looks plausible, but a deadline limits an offer's life and does not survive a rejection.
Question 3Three offers arrive on a listing. Another buyer's agent asks the listing broker to reveal the prices in the other offers, and the seller has not authorized sharing them. What should the listing broker do?
- A. Accept the strongest offer for the seller to save time.
- B. Present all three and keep their terms confidential.
- C. Tell the asking agent the top price so that buyer can beat it.
- D. Present only the strongest offer and skip the weaker ones.
Show answer and explanation →
Answer: B. Present all three and keep their terms confidential.
The seller chooses how to respond to multiple offers, and the broker must present every offer and follow the seller's lawful instructions about what to share. Without the seller's permission, other buyers' terms stay private. Presenting only the strongest offer looks plausible, but it takes a decision that belongs to the seller.
Ready to move on?
You are ready for the next lesson when all of these are true.
- Explain Georgia Offers, Counteroffers, Multiple Offers, and Presentation in one clear answer without notes.
- Separate Timely presentation from Seeking offers using a fresh example.
- Apply the decision rule to a new fact pattern and name the fact that controls the result.
- State the Georgia-specific point or explain why the national rule applies unchanged.
- Answer every practice question and explain the rule each rejected option misapplies.
- Revisit this topic later in mixed practice without category labels.
Recommended next lesson
Continue with Georgia Earnest Money: Receipt, Deposit, Dispute, and Disbursement. Once an offer is accepted, the earnest money lesson follows the buyer's deposit into the broker's trust account and through the grounds on which the broker may later pay it out.
Return to the Real Estate Practice in Georgia hub for the complete official branch and the full lesson list for this Georgia group.