Agency
A NH buyer tells their agent that they are willing to pay up to $420,000 for a property listed at $395,000. The agent should:
AImmediately disclose this to the listing agent to facilitate a sale
BKeep this information confidential and help the buyer make a strategic offer at or below the list price✓ Correct
CRequire the buyer to make an offer at their maximum amount
DShare this with the listing agent only if the seller accepts a lower offer
Explanation
The buyer's maximum budget is confidential information—part of their negotiating position. The buyer's agent must keep this information confidential and use it to help the buyer negotiate the best possible price, not disclose it to the other side.
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