Agency
Under Colorado law, a buyer's agent who learns the seller is in financial distress and may accept less than asking price must:
AImmediately disclose this to the buyer to help negotiate a lower price✓ Correct
BKeep this information confidential as it is not an adverse material fact about the property
CDisclose it to both parties simultaneously
DWithdraw from the transaction to avoid a conflict of interest
Explanation
A buyer's agent has a fiduciary duty of loyalty to the buyer, which includes sharing information that may help the buyer negotiate a better deal, such as the seller's financial distress. This is not an adverse material fact about the property but rather relevant negotiating information for the buyer's benefit.
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