Christian Coppieters

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Rainmaker
3,070,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

No contradiction - when representing a Seller must disclose (to the Seller) the willingness of the Buyer to pay more, and when representing a Buyer must disclose (to the Buyer) the willingness of the Seller to accept lesss...

Feb 23, 2017 04:07 AM
Rainmaker
3,384,790
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Here is the thing, it depends on who you are representing. If the seller, then you must tell the seller if the buyer has stated they will go higher, if you work for the buyer, then you must tell them if the seller will go lower.

Feb 23, 2017 06:00 AM
Rainmaker
612,606
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

If you have a fiduciary to the seller, you must disclose everything that you know about the buyer.( willingness to pay more etc,)

If you are representing the buyer, you must disclose everything to the buyer that you can learn about the seller.

IF however you are a dual agent you offer certain fiduciary duties to both parties.

IF however you are a transaction broker, you have NO fiduciary duties to either party however there are things that you cannot disclose to either party. ( like  how high or low they want to go)

Regardless of who you are representing, you MUST disclose to all parties any material facts that may effect the property.

I think you may be misreading what it says...

Eve

Feb 23, 2017 05:02 AM
Rainmaker
2,155,202
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

This question again?????????

Feb 23, 2017 06:14 AM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Christian Coppieters Tony and Suzanne Marriott, Associate Brokers have this one.

Feb 23, 2017 05:50 AM
Rainmaker
5,580,884
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Does your instructor teach you anything...or is it a paycheck for him... Tony and Suzanne Marriott, Associate Brokers nailed this one....but I left my hammer in the truck....

Feb 23, 2017 05:02 AM
Rainmaker
2,012,718
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Tony and Suzanne Marriott, Associate Brokers got the answer - you have to focus on which party to the transaction you are representing as to where your responsibility flows

Feb 23, 2017 05:00 AM
Rainmaker
945,841
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

It's your job to keep your client from leaving money on the table while representing them in a transaction.
So you may not let another party know that your client is willing to pay more--or take less--than what has been offered in writing.

However, if you come across that same knowledge where another party is concerned that you do not represent . . . you must inform your client of what you know.

It is a balancing act!

Feb 23, 2017 04:59 AM
Rainmaker
4,352,493
Richard Weeks
Dallas, TX
REALTOR®, Broker

Tony and Suzanne gave you the right answer

Feb 23, 2017 04:38 AM
Ambassador
5,754,403
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

keep in mind Who your client is.

Apr 16, 2017 08:43 PM
Rainmaker
1,430,521
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thanks for the unique question!!!

You have to work in your client's best interest.  If the other agent tells you their client is willing to pay more/accept less, you should let your client know that.

Feb 24, 2017 10:22 AM
Rainmaker
7,038,403
Roy Kelley
Retired - Gaithersburg, MD

You have received some good advice. Talk with your broker when you have concerns.

Feb 24, 2017 06:01 AM
Ambassador
4,316,215
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Christian Coppieters - very nice and detailed explanation from Mike & Eve Alexander.

Feb 23, 2017 09:59 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I think that you need to re-read the information

Feb 23, 2017 08:46 PM
Ambassador
4,553,992
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

What Scott Godzyk said!

Feb 23, 2017 08:43 PM
Ambassador
2,608,648
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

It depends upon who my fiduciary is with.

See what Mike & Eve Alexander said for more.

Feb 23, 2017 05:55 PM
Ambassador
3,984,948
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Who do you work for?

Feb 23, 2017 04:07 PM
Rainmaker
1,358,111
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I keep strategy secrets for my clients. I do not cover for fraud nor illegal nor unethical acts. But, whomever I'm in contract with is who I protect.

Feb 23, 2017 01:24 PM
Rainmaker
4,388,243
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Some really good answers below because there is no contraction..it all depends on who you are representing.

Feb 23, 2017 12:01 PM
Rainmaker
609,240
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Our code of ethics forbids we disclose confidential financial information to the other side - including ability to go higher if representing a buyer or lower if representing a seller.  Any known material facts of the property must be disclosed to the other side. I am unsure of what you are reading which is causing that confusion.

Feb 23, 2017 11:19 AM
Rainmaker
945,623
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Christian Coppieters Tony and Suzanne Marriott, Associate Brokers are on top of this

Feb 23, 2017 09:27 AM
Rainmaker
808,903
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Tony and Suzanne & Scott explained it. It has to do with who you represent and what information you know about the other party that you must disclose to the person/party you represent.

Feb 23, 2017 09:16 AM
Rainmaker
864,358
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Glad to see you got your question answered. Curious as to why you don't pose the question to your instructor? That is why he or she is getting paid. Good luck on your studies.

Feb 23, 2017 08:35 AM
Rainmaker
849,472
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

The provision must be for situations, where the buyer or seller gave explicit permission to the agent to do so and the agent is still being cagey, hoping to get a higher commission. The confidentiality pertains to when your clients disclose something to you only, as their agent, without meaning for it to be announced to others.

Feb 23, 2017 07:54 AM
Ambassador
3,987,010
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Don't get confused by reading and trying to understand what National Association of Realtors has to stay. That is for those that pass the test and become licensees that further become Realtors. Focus on your pre-license materials and what they say about agency.

Feb 23, 2017 07:16 AM
Ambassador
4,744,012
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

The disclosure depends on who you are representing, the buyer vs. the seller, as others have said.

Feb 23, 2017 07:10 AM
Rainmaker
2,691,488
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Remember the basic rule: Everything is negotiable in Real Estate

Feb 23, 2017 07:03 AM
Rainmaker
5,767,466
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Christian,

It has been answered.  A

Feb 23, 2017 06:31 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

You have your answers from others already.

Feb 23, 2017 06:20 AM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Others have answered.

Feb 23, 2017 05:47 AM
Rainmaker
2,054,799
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

You might be relating this to a DUAL Agent

Feb 23, 2017 04:57 AM
Ambassador
1,616,454
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

great contect to review with your broker

Feb 23, 2017 04:52 AM
Rainmaker
146,758
Julie Larson Realtor® Sarasota FL 941-284-9826
White Sands Realty Group FL | 941-284-9826 | Serving Sarasota, Manatee & Charlotte Counties - Sarasota, FL
When you're thinking of moving...ThinkSuncoast.com

Christian Coppieters, the document you provided is referring to single agency relationships where you have a fiduciary responsibility to your principal. 

In Florida, by default, Realtors are transaction agents unless they disclose they are working as a single agency relationship. 

Feb 23, 2017 03:31 AM
Rainmaker
4,492,665
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I have no idea what you are referring to... I've never seen such language in a disclosure form. Your duty is to protect the confidentiality of your client. It's possible the wording refers to the fact that you must relay all counter-offers once negotiation process has begun.

Feb 23, 2017 02:40 AM