Agency
An Oklahoma buyer's agent who knows the seller is financially distressed and desperate to sell should:
AInform all other agents in the MLS so they can bring buyers
BUse this knowledge to the buyer client's advantage in negotiations, as it is information that helps the buyer make a sound decision and negotiate effectively✓ Correct
CReport the information to OREC
DWithhold the information from the buyer to protect the seller
Explanation
A buyer's agent has a fiduciary duty to use information advantageous to the buyer. Knowing the seller is financially distressed is exactly the kind of information that can inform the buyer's negotiation strategy. The agent should share it with their buyer client.
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