What must a broker provide to a buyer who submits an offer?

A broker is required to provide a written confirmation of receipt of an offer to a buyer. This practice ensures that the buyer has official documentation that their offer has been received and acknowledged by the broker. This written confirmation can serve as an important record for both the broker and the buyer, clarifying that the offer is under consideration and establishing a timeline for any potential responses.

Providing a verbal confirmation may not suffice, as it lacks the formality and documentation that can be necessary in real estate transactions. Similarly, merely responding within a specific timeframe, such as 24 hours, does not fulfill the requirement to acknowledge the offer in writing. While giving a copy of the offer to the buyer might be helpful, it is not mandated as part of the acceptance process in the context presented here. Therefore, the most accurate and responsible action by the broker is to ensure a written confirmation is provided.