Agency
A Colorado broker who represents the buyer in a transaction learns the seller has received another offer. The broker should:
AKeep this confidential and not tell the buyer
BAdvise the buyer that competing offers exist if the information has been disclosed✓ Correct
CWithdraw the buyer's offer to avoid competition
DContact the other buyer to coordinate
Explanation
If a broker learns that competing offers exist (which the seller may or may not disclose), the buyer's agent should share this information with the buyer. The buyer needs to know about competition to make informed decisions about their offer terms.
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