Are Realtors required to present offer?

[Michael Shadow]

Is there a Realtor "law" that requires a listing agent to submit any offer to the seller? If there is could you tell me exactly where it is in the Realtor "rules"?

I'm asking the question because I submitted an offer and the listing agent laughed at it and said I will not present any offer that is under $X. The agent told my agent "bring me back an offer that is over that amount and I will submit it."

So now I'm really getting ticked at agents that won't submit offers because "they" think it's too low and won't let the property owner decide if it's to low or not.

Thanks,

-Michael