Agency
An agent for a buyer who wants to purchase a property well below market value is ethically required to:
ATell the seller that the buyer will pay more
BKeep the buyer's strategy confidential and advocate for the lowest possible price for the buyer✓ Correct
CRefuse to present any offer below market value
DDisclose the buyer's maximum price to the listing agent
Explanation
A buyer's agent owes loyalty and confidentiality to the buyer. The agent should keep the buyer's negotiating strategy and maximum price confidential while advocating for the buyer's interests — even if the buyer wants to offer well below the asking or market value.
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