Agency
A listing agent in Alaska has a duty to disclose to the seller all EXCEPT:
AAll offers received on the property
BInformation about the buyer's financial qualifications
CConfidential information about the buyer's negotiating strategy that the buyer shared with their own agent✓ Correct
DMaterial facts about the property
Explanation
The listing agent owes the seller full disclosure of relevant information, including all offers and material facts. However, information that is confidential to the buyer (such as their maximum price) and was shared with the buyer's own agent may not need to be disclosed to the seller without the buyer's consent.
Related Alaska Agency Questions
- In Alaska, a real estate agent acting as a 'facilitator' (non-agent) primarily differs from an agent because the facilitator:
- An Alaska real estate agent who acts beyond the scope of their authorized duties without the principal's consent may create liability for:
- When a buyer's agent receives a counteroffer from the seller, the agent's duty is to:
- In Alaska, a seller's agent owes which of the following duties to an unrepresented buyer?
- The fiduciary duty of 'obedience' requires the agent to follow all client instructions EXCEPT:
- Subagency occurs when:
- Which type of agency is created when an agent acts on behalf of a principal without explicit authorization, but the principal later approves the action?
- Ostensible (apparent) agency in real estate most commonly arises when:
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