While hosting an open house, Liza speaks with prospective buyers. They're interested in the house, but think the listing price i

Question

2 years ago

9

While hosting an open house, Liza speaks with prospective buyers. They're interested in the house, but think the listing price i

s a little high. They ask her what other incentives they could include in their offer to get the seller to come down on their price. If Liza helps them, what duty may she be breaching?

English

1 answer:

nevsk [136] · Answer 1 · 2023-09-29T02:55:46+03:00

Answer:

<u>Fiduciary</u>

Explanation:

Remember, Liza is acting as a real estate agent here. Therefore, the fiduciary duty rule applies to her. This duty mandates that Liza acts in the best interest of her clients always.

However, if Liza helps them, she may be breaching the fiduciary duty to her client, because the owner would receive lesser income.