Rachel Finnegan is a broker who specializes in selling small homes. She has a listing for a small home with a list price of $90,000. When a prospective buyer comes through the house, he tells Rachel he is interested but the $90,000 is too high of a price. Rachel tells him, "Look, these people are desperate. They need to move, like tomorrow. They'll take whatever you offer." Rachel:
A) Is just acting as a dual agent.
B) Cannot control offers and has done nothing wrong.
C) Has breached her fiduciary duty to her client sellers with this disclosure.
D) Has acted in the best interests of the sellers.
Correct Answer:
Verified
Q95: Joan Kingman is listing the Schubach Farm
Q96: Jim Todd is selling his condominium in
Q97: Rod Webster is a licensed real estate
Q98: Anna Donner listed her property with ABC
Q99: Patty Heinz was the listing agent for
Q101: Rachel Finnegan is a broker who specializes
Q102: Which of the following does a broker
Q103: A broker who buys a client's property
Q104: What percentage of home buyers believe that
Q105: Jane Wyman is a real estate agent
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents