According to the Real Estate Agents Act, when must an agent present a written offer?

The requirement for an agent to present a written offer "as soon as practicable" signifies that the agent must act with due diligence and urgency once they receive an offer. This standard emphasizes the importance of timely communication in real estate transactions, ensuring that all parties involved in the sale are kept informed without unnecessary delays.

This approach aligns with the professional obligations of real estate agents to facilitate transactions effectively and uphold the best interests of their clients. By requiring agents to act "as soon as practicable," the regulation accommodates various circumstances that might affect the timing, while still stressing the need for prompt action.

In contrast, the other options suggest more rigid timelines that do not necessarily account for unique situations that may arise. For instance, stipulating a strict 24-hour window or requiring presentation before the end of the business day could potentially lead to impractical scenarios. Additionally, limiting the presentation of offers to business hours does not consider the need for flexibility in communication that can occur outside of standard operating hours. Ultimately, the phrasing "as soon as practicable" allows for a necessary balance of urgency and consideration for circumstances surrounding each real estate transaction.