Broker Taylor is a single agent for buyer Johnson. Johnson wants to make an offer on a property, but Taylor knows from market analysis that similar properties have sold for $20,000 less than the asking price. What should Taylor do?
Correct Answer
D) Share the market analysis and suggest Johnson consider a lower offer
As Johnson's single agent, Taylor has a duty to provide professional advice and market knowledge to help his client make informed decisions. Sharing relevant market data serves the client's best interests. Option A doesn't serve the client's financial interests. Option C fails to provide the professional guidance expected. Option D bypasses the client's decision-making authority.
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