Agency
A NH buyer's agent who advises their client to make a lower offer because the agent believes the seller will accept it is exercising:
AUnauthorized negotiating authority
BTheir duty of skill and diligence on behalf of the buyer✓ Correct
CDual agency without disclosure
DA violation of the duty of obedience
Explanation
Advising a buyer on offer strategy (including when to offer below list price) is exactly what a buyer's agent is supposed to do — it is an exercise of skill and diligence in serving the buyer's best interests.
Related New Hampshire Agency Questions
- A NH real estate agent shows a buyer a property and the buyer makes an offer. The seller accepts. The agent then tells the seller the buyer would have paid more. This violates the agent's duty of:
- A NH real estate agent who represents a buyer in an area where the agent personally owns investment properties must:
- A NH real estate agent's primary obligation when representing a seller is to:
- In NH, an 'implied agency' can be created when:
- A NH broker who is the designated agent for the seller in a transaction where their brokerage firm also represents the buyer has arranged:
- Under NH agency law, the duty of 'obedience' requires a real estate agent to:
- A NH real estate agent who acts as a 'subagent' of the seller owes their primary fiduciary duties to:
- What is sub-agency in a real estate transaction?
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