Agency
An agent overhears their buyer-client say they would pay up to $550,000 for a home listed at $525,000. In a dual agency situation, what should the agent do with this information?
AShare it with the seller to get the best deal for both parties
BKeep it confidential and not disclose it to the seller✓ Correct
CInclude it in the offer to show the buyer is serious
DReport it to the DRE as required
Explanation
Even in a dual agency, the agent cannot share a buyer's confidential negotiating information with the seller. A dual agent must maintain confidentiality for both parties regarding price limits and motivation.
Related California Agency Questions
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