Agency
A Hawaii seller's agent learns the seller will accept $50,000 less than the listing price. Must the agent disclose this to the buyer?
AA. Yes, all facts must be shared with all parties
BB. No, this is confidential seller information protected by fiduciary duty✓ Correct
CC. Yes, but only if the buyer asks directly
DD. Only if the seller is in foreclosure
Explanation
The agent's fiduciary duty of confidentiality requires protecting the seller's negotiating position. Disclosing the seller's minimum acceptable price would breach this duty.
Related Hawaii Agency Questions
- In Hawaii, an agent who is a 'single agent' represents:
- In a Hawaii in-house transaction where both buyer and seller are clients of the same brokerage, the brokerage must obtain:
- What is a 'commission split' between a listing broker and buyer's broker in Hawaii?
- Under Hawaii agency law, the duty of 'obedience' requires an agent to:
- A Hawaii salesperson working for Broker A shows a listing that Broker A has listed. In this case, the salesperson is acting as:
- What is 'apparent authority' in real estate agency and what risk does it create?
- In Hawaii, which type of listing gives the broker a commission even if the seller finds their own buyer?
- In Hawaii, a 'cooperating broker' in a transaction is typically:
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →