What must listing brokers do before the seller accepts an offer?

Before a seller accepts an offer, it is essential for listing brokers to provide the estimated property tax levy. This information is critical as it helps the seller understand the ongoing financial obligations associated with the property. Property taxes can significantly impact a buyer's affordability and budget, and understanding these taxes is necessary for making an informed decision.

Providing the estimated property tax levy ensures transparency in the real estate transaction process. It helps prevent any surprises for the seller regarding potential costs and equips them with all the necessary information before accepting an offer. This practice also aligns with the expectation that brokers act in the best interests of their clients by giving them a complete picture of the financial aspects related to the property.

The other options—performing a home inspection, contacting previous owners, and verifying the buyer's creditworthiness—are not standard prerequisites for the seller before accepting an offer. While these steps may play a role later in the transaction process or in negotiations, the provision of property tax estimates directly affects the seller's acceptance of an offer and is considered a crucial part of the listing broker's duties.