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Az Agency DisclosuresSeller_agent_azHARD

At a brokerage meeting in Buckeye, a seller asks the listing broker for pricing advice and market strategy before putting the home on the market. Which outcome best matches current Arizona practice?

Correct Answer

D) providing pricing and marketing advice is part of the seller-agent role, but it must be done honestly and competently

Under Arizona agency practice; listing obligations, providing pricing and marketing advice is part of the seller-agent role, but it must be done honestly and competently.

Answer Options
A
a seller's agent may never discuss price strategy with the seller
B
pricing advice may be invented without any market basis because it is opinion
C
pricing advice belongs only to the county assessor under current Arizona law
D
providing pricing and marketing advice is part of the seller-agent role, but it must be done honestly and competently

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Related Topics & Key Terms

Key Terms:

arizona_specificseller_agentpricingseller_agent_azaz_agency_and_disclosures

Related Concepts

A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.

A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.

The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.

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