California Real Estate Practice Exam

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Master the California Real Estate Exam with our comprehensive practice quiz. Get expert tips, detailed content review, and insider strategies to pass on your first try.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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If a buyer's agent knows the buyer is urgently looking to purchase to enroll children in school, what should the agent do with this information?

Use it to negotiate a lower price
Share it with the seller to expedite the sale
Keep the information confidential
Advise the buyer to consider other properties

The correct answer is: Keep the information confidential

The buyer's agent should keep this information confidential to respect the buyer's privacy and agency duties. Sharing this information with the seller could potentially harm the buyer's negotiation power or result in a rushed or unfavorable decision. Using it to negotiate a lower price also goes against the agent's fiduciary duty to act in the best interest of their client. Advising the buyer to consider other properties is also not necessary as the urgency to enroll children in school may be a temporary factor and does not reflect the overall suitability of the property.