BREA Broker Exam Practice Questions - Bahamas Real Estate Broker Licensing Examination (BREA) Exam

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A broker is acting as the seller's agent. The buyer asks the broker for advice on lowering the price. What does the broker's fiduciary duty of loyalty require?

The broker must give the buyer the best negotiating advice available The broker must act in the seller's best interests and must not undermine the seller's negotiating position The broker owes equal loyalty to both parties at all times The broker may switch loyalty to whichever party offers a higher commission

Correct Answer:

The broker must act in the seller's best interests and must not undermine the seller's negotiating position

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