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Buyer's agent Kelly represents buyer Alex under a signed buyer agency agreement. Alex asks Kelly to find out why the seller is moving. Under Ohio agency law, what should Kelly do?

Correct Answer

D) Ask the listing agent about the seller's motivation and share any information obtained with Alex

Under Ohio agency law, Kelly's fiduciary duty to Alex includes gathering information that could benefit Alex's negotiating position. Asking the listing agent about the seller's motivation is proper, and any information obtained must be shared with Alex.

Answer Options
A
Refuse the request because investigating the seller's motivation is unethical
B
Tell Alex that seller motivations are never disclosed in Ohio transactions
C
Contact the seller directly to ask, bypassing the listing agent
D
Ask the listing agent about the seller's motivation and share any information obtained with Alex

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Related Topics & Key Terms

Key Terms:

buyer_agentseller_motivationfiduciary_dutyinformation_gatheringORC_4735
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