A New York licensee is acting as a dual agent and receives simultaneous offers on the listed property from two different buyers, both of whom the agent also represents. Which obligation is most specifically implicated by the dual agency relationship in this situation?
Correct Answer
C) The agent must present all offers to the seller without disclosing either buyer's confidential negotiating information to the other party
A dual agent must present every offer to the seller while shielding each represented buyer's confidential negotiating information from the other parties. That dual obligation — full presentation plus heightened confidentiality between competing principals — is precisely the tension a dual agency creates.
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