Agency
A listing agent tells potential buyers that the seller 'is highly motivated and needs to sell quickly.' This statement is:
AGood salesmanship and appropriate
BA violation of fiduciary duty to the seller✓ Correct
CRequired under California disclosure law
DPermissible only if the seller is in foreclosure
Explanation
Disclosing the seller's motivation without authorization is a breach of the agent's fiduciary duty of confidentiality to the seller. This information could be used by buyers to offer less than the asking price.
Related California Agency Questions
- What is 'agency by estoppel'?
- What disclosure must be made when a real estate licensee wishes to purchase property for themselves that they have listed?
- An agent who secretly purchases a listing from their own seller without disclosure has violated which fiduciary duty?
- Under California law, which document is used to confirm the agency relationship in a residential real estate transaction?
- A real estate agent must disclose their agency relationship to all parties:
- Under California law, if a listing agent also represents the buyer in the same transaction without proper disclosure and consent, the listing agent has committed:
- What is 'designated agency'?
- What is 'informed consent' in the context of California dual agency?
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →