Agency
A Rhode Island buyer's agent is showing properties. The buyer mentions they have a maximum budget of $450,000 but would like to start lower. The agent should:
ATell the listing agents the buyer's maximum to facilitate negotiations
BKeep the buyer's maximum confidential as part of their fiduciary duty of confidentiality✓ Correct
CSuggest the buyer lower their expectations
DInclude the buyer's maximum in all offers
Explanation
The buyer's maximum budget is confidential information. Disclosing it to listing agents or sellers would undermine the buyer's negotiating position and breach the agent's duty of confidentiality.
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