Agency
Which of the following actions by a South Carolina buyer's agent would be a breach of fiduciary duty?
ADisclosing a material property defect to the buyer
BTelling the seller that the buyer will accept a higher price✓ Correct
CSubmitting the buyer's offer as instructed
DRecommending a home inspection
Explanation
Disclosing the buyer's willingness to pay more than their offer price to the seller (or seller's agent) is a breach of the buyer's agent's duty of confidentiality and loyalty.
Related South Carolina Agency Questions
- In South Carolina, an agent owes which of the following duties to all parties in a transaction, regardless of who they represent?
- In South Carolina, a subagent owes fiduciary duties to:
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- In South Carolina, a licensee who provides false information on their license application may face:
- In South Carolina, a licensee who acts as a buyer's agent and receives compensation from the listing broker via the MLS cooperative compensation:
- In South Carolina, a real estate licensee acting as a transaction broker:
- In South Carolina, a real estate agent who promises a seller they will achieve a specific price as a condition of being awarded the listing is:
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