Agency
In Iowa, when a seller's agent is contacted by a buyer asking for information about the seller's asking price flexibility, the agent should:
AShare the seller's minimum acceptable price to close quickly
BTell the buyer the agent represents the seller and cannot disclose confidential pricing strategy✓ Correct
CRefer the buyer to the seller directly
DProvide a broad price range as a courtesy
Explanation
A seller's agent must protect the seller's confidential negotiating information. Disclosing the seller's minimum price would breach the agent's duty of confidentiality to their client.
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