Agency
What is a 'seller's agent' primary obligation in Delaware under the listing agreement?
ATo achieve the highest possible sale price in the shortest time regardless of market conditions
BTo represent the seller's interests, including marketing the property, presenting all offers, disclosing material facts about the market, and negotiating in the seller's best interest — within the law and ethical standards✓ Correct
CTo advertise the property on all available platforms at no cost
DTo guarantee the property will sell within the listing period
Explanation
A seller's agent owes fiduciary duties to the seller: loyalty (act in seller's best interest), confidentiality (protect seller's negotiating position), disclosure (keep seller informed), obedience (follow lawful instructions), and reasonable care. The agent must market the property effectively, present all offers, and negotiate on the seller's behalf.
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