Agency
Under Wisconsin law, a buyer's agent who learns the seller will accept less than the listing price should:
AImmediately disclose this to the buyer to help secure the lowest possible price✓ Correct
BKeep this information confidential as it belongs to the seller
CReport it to the listing broker only
DDisclose it only if the buyer asks directly
Explanation
A buyer's agent owes the buyer loyalty and must disclose information that serves the buyer's interests, including the seller's willingness to accept less than the asking price if that information is known.
Related Wisconsin Agency Questions
- A Wisconsin buyer's agent owes which of the following duties to the buyer client?
- Under Wisconsin law, which of the following terminates a listing agreement?
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