Agency
In Hawaii, a buyer's agent negotiating a purchase price owes the buyer:
AA. A duty to achieve the highest possible price for the benefit of the commission
BB. The duty to negotiate in the buyer's best interest, seeking the lowest reasonable price and best terms✓ Correct
CC. A duty to advise the buyer to accept any reasonable offer above market value
DD. The duty to prioritize the seller's need for a quick sale
Explanation
A buyer's agent owes fiduciary duties to the buyer, including negotiating in the buyer's best interest for the best price and terms, not in the interest of maximizing commission.
Related Hawaii Agency Questions
- What is a 'buyer representation agreement' exclusive clause and what does it mean for Hawaii buyers?
- What does 'reasonable care and diligence' require of a Hawaii listing agent?
- In Hawaii, what is the term for a licensee who works with a buyer without entering into a formal buyer representation agreement?
- 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 'ratification' of an agent's unauthorized act in Hawaii real estate?
- In Hawaii, dual agency occurs when a licensee represents:
- In Hawaii, an agent who fails to present an offer to the seller because they personally believe it is too low is:
- A Hawaii real estate broker who receives a fee for referring a client to a mortgage company must:
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →