Agency
A Mississippi real estate agent represents a buyer who makes an offer on a property in which the agent personally has a financial interest. The agent must:
AWithdraw from the transaction
BDisclose the financial interest to the buyer in writing before the buyer submits the offer✓ Correct
COnly disclose after the offer is accepted
DHave the broker sign the offer instead
Explanation
When an agent has a personal interest in a property being purchased by their client, full written disclosure must be made before the client takes action. The conflict of interest must be transparent so the client can make an informed decision.
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