In a complex multiple representation scenario, Agent A represents the seller, Agent B represents the buyer, but both agents work for the same brokerage. The buyer wants to submit an offer $20,000 below asking price. How should this confidential information be handled?
Correct Answer
C) Agent B must maintain confidentiality and not share this information with Agent A
Even when agents work for the same brokerage in a multiple representation situation, each agent must maintain confidentiality for their respective clients. Agent B cannot share the buyer's confidential negotiating strategy with Agent A, as this would breach their fiduciary duty to the buyer.
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