Agency
In Tennessee, an agent who represents the seller should tell the buyer's agent that the seller's asking price is 'firm.' This statement is an example of:
AA material misrepresentation
BAdvocacy for the seller's negotiating position✓ Correct
CPuffery
DUndisclosed dual agency
Explanation
A seller's agent legitimately advocates for the seller in negotiations, including communicating that the price is firm. This is not a misrepresentation as long as the agent does not make false statements of fact.
Related Tennessee Agency Questions
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