Agency
In Iowa, a buyer's agent who learns the buyer's maximum budget should:
AShare it with the seller's agent to facilitate negotiation
BKeep it confidential to protect the buyer's negotiating position✓ Correct
CDisclose it only if the buyer gives written permission
DNotify the IREC
Explanation
A buyer's agent owes confidentiality to the buyer. The buyer's maximum budget is sensitive financial information that, if disclosed, could weaken the buyer's negotiating position.
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