Agency
A Rhode Island buyer signs a buyer representation agreement with an agent. The agent's duties include all of the following EXCEPT:
ASearching for properties that meet the buyer's criteria
BDisclosing the buyer's maximum purchase price to the seller to get a better deal✓ Correct
CPresenting all offers and counteroffers promptly
DAdvising the buyer on market conditions
Explanation
An agent representing the buyer has a duty of confidentiality to the buyer. Disclosing the buyer's maximum price to the seller would be a serious breach of fiduciary duty. All other options are proper duties of a buyer's agent.
Related Rhode Island Agency Questions
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