Agency
Which of the following actions by a listing agent would be a breach of fiduciary duty to the seller?
APresenting all offers, including low offers, to the seller
BDisclosing the seller's financial urgency to sell to a prospective buyer without seller permission✓ Correct
CAdvising the seller to make reasonable repairs before listing
DMarketing the property on multiple listing services
Explanation
A listing agent owes fiduciary duties to the seller, including the duty of confidentiality—protecting the seller's confidential information. Disclosing the seller's financial urgency (such as impending foreclosure or divorce) to a buyer without the seller's permission is a serious breach of fiduciary duty that could harm the seller's negotiating position.
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