Agency
A Nevada buyer's agent inadvertently learns from the listing agent that the seller is in financial distress and must sell quickly. The buyer's agent should:
AKeep this confidential to avoid liability
BDisclose this information to the buyer client, as it is material to negotiations✓ Correct
CReport the listing agent to NRED for disclosing confidential information
DIgnore the information to maintain professional relationships
Explanation
A buyer's agent has a fiduciary duty to share all material information with their buyer client, including seller motivation if known. This information is highly material to the buyer's negotiating strategy.
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