What should an agent do upon receiving accepted offers on listings?

The correct action for an agent upon receiving accepted offers on listings is to handle the earnest money as soon as possible. This is crucial because earnest money serves as a good faith deposit from the buyer, demonstrating their commitment to purchase the property. Promptly managing this deposit is essential to ensure that the transaction moves forward smoothly and secures the buyer's interest in the property.

In addition, handling earnest money correctly involves following specific legal and ethical guidelines, including depositing the funds into the appropriate escrow account. Delaying this process could lead to complications or misunderstandings between the parties involved in the transaction. Therefore, ensuring that the earnest money is addressed promptly fosters trust and solidifies the progress of the real estate transaction.