Agency
A Minnesota buyer tells their agent they have been pre-approved up to $400,000 but want to start their search at $350,000. The agent shows only homes priced below $350,000. Is this appropriate?
AYes, the agent is following the buyer's instructions✓ Correct
BNo, the agent should show all homes up to $400,000 to help the buyer make an informed decision
CYes, since the lower end of the budget is more realistic
DNo, agents must always show homes at the maximum approval amount
Explanation
The agent is appropriately following the buyer's stated instructions. Buyers have the right to direct their housing search, including setting the price range they want to explore. If the buyer specifically says they want to start at $350,000, the agent should respect that instruction. The agent can offer professional advice about the market and the buyer's options, but must ultimately follow lawful client instructions.
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