Agency
A NH buyer's agent who negotiates a repair credit on behalf of the buyer after a home inspection is exercising the duty of:
ADisclosure
BDiligence and skill in representing the buyer's interests✓ Correct
CConfidentiality
DAccounting
Explanation
Negotiating favorable terms after a home inspection — such as repair credits or price reductions — is part of the agent's duty of diligence and skill in actively representing the buyer's interests.
Related New Hampshire Agency Questions
- In NH, a transaction broker (non-agent facilitator) owes which of the following to both buyer and seller?
- When a NH agent acts outside the scope of their authority (e.g., agreeing to extend the closing date without client authorization), the resulting action is:
- In a NH buyer's agent scenario, when the buyer asks the agent 'What's the lowest amount the seller will accept?', the agent should respond:
- An agent who represents neither the buyer nor the seller but assists both parties in completing a transaction is called a:
- A NH buyer's agent who receives a referral fee from a home inspector for recommending the inspector to clients must:
- NH law requires real estate licensees to disclose agency relationships to all parties in a transaction. When must this disclosure first occur?
- A NH listing agent who receives a very low offer on a property should:
- A NH buyer's agent and their client have a dispute about which property to offer on. Who has the final decision?
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