Agency
In New Mexico, a buyer's agent who learns that the seller recently made a large reduction in asking price should:
AKeep this information confidential as it benefits the seller
BShare this information with the buyer as it may affect their offer strategy✓ Correct
CReport it to the NMREC
DAsk the seller's agent to explain the reduction before telling the buyer
Explanation
A price reduction is market information relevant to the buyer's offer strategy. A buyer's agent should share this information to help the buyer make an informed decision—it fulfills the disclosure duty.
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