Agency
A Florida real estate licensee is showing a property to a buyer customer (no buyer representation agreement). The buyer asks the licensee, 'How low do you think the seller will go?' The licensee should:
AProvide their best estimate based on market analysis
BDecline to speculate about the seller's bottom line and remind the buyer they represent the seller (or are a transaction broker)✓ Correct
CShare the seller's disclosed minimum price since it was told to the agent
DRefuse to answer and terminate the showing
Explanation
A listing agent (or transaction broker without buyer representation) owes confidentiality to the seller regarding the seller's minimum price and motivation. They cannot speculate or share the seller's bottom line.
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