Agency
Which of the following BEST describes a buyer's agent's duty regarding the purchase price?
AAdvise the buyer to offer the listing price
BHelp the buyer negotiate the most favorable terms possible consistent with their objectives✓ Correct
CDisclose the buyer's maximum budget to the seller
DRecommend the buyer not make an offer
Explanation
A buyer's agent has a fiduciary duty of loyalty to help the buyer negotiate the best possible terms. Disclosing the buyer's maximum budget or advising acceptance of listing price would breach this duty.
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