Agency
A seller's agent learns that their client is in financial distress and must sell quickly. What must the agent do with this information when the buyer asks?
ADisclose it because all material facts must be shared
BKeep it confidential as it relates to the seller's bargaining position✓ Correct
CShare it with the buyer's agent as a professional courtesy
DFile a disclosure form with PREC
Explanation
A seller's agent owes confidentiality to the seller regarding motivation and bargaining position. Financial distress that influences negotiating position is confidential client information, not a material fact about the property itself.
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