When a broker represents only a buyer in a transaction, which of the following duties would a buyer broker owe the seller?

Study for the Arizona Real Estate Exam. Boost your knowledge with flashcards and multiple choice questions with explanations. Be exam-ready with our comprehensive review!

In a scenario where a broker represents only a buyer in a transaction, the primary duty owed to the seller is honesty. This obligation means that the broker must truthfully disclose relevant information and avoid making any false representations to the seller. While the broker's fiduciary duties, such as loyalty and confidentiality, primarily focus on the buyer, the seller is still entitled to a level of transparency in dealings. Honesty is key to maintaining ethical standards and trust in real estate transactions, ensuring that the seller has a clear understanding of the situation without being misled.

The other duties are primarily related to the broker's obligations to the buyer. Loyalty involves prioritizing the buyer's interests, accountability pertains to managing and reporting the buyer's funds and interests, and confidentiality means keeping the buyer's information private. In a buyer-only agency relationship, these duties do not extend to the seller. Thus, the seller may expect honesty from the buyer's broker, but the broker's duties of loyalty, accountability, and confidentiality are owed exclusively to the buyer.

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