Agency
A Colorado seller's agent has a duty of loyalty to the seller. Which of the following actions would violate this duty?
ADisclosing the property's adverse material facts to the buyer
BPresenting all offers to the seller promptly
CSecretly purchasing the property through a third party below market value✓ Correct
DAdvising the seller on reasonable pricing
Explanation
A seller's agent who secretly purchases the property below market value through a third party is violating the duty of loyalty by putting their own financial interests above the seller's interests. This could also constitute fraud.
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