Agency
An Oregon real estate broker represents a buyer. The buyer instructs the broker not to disclose to any seller that the buyer is a cash buyer. Should the broker follow this instruction?
AYes — confidentiality of financing details is part of buyer representation✓ Correct
BNo — all financing information must always be disclosed
CYes, unless the broker believes it would harm the seller
DNo — brokers must disclose all material facts about the buyer regardless
Explanation
A buyer's financing capability (specifically whether they are a cash buyer) is the buyer's confidential information. The buyer's agent may properly keep this confidential as part of their duty of confidentiality and loyalty to the buyer.
Related Oregon Agency Questions
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