When representing a seller, which of the following is a TRUE statement regarding the duties...

Alicensee has a fiduciary duty to keep the seller’s pricing strategy confidential.

49 Pa. Code § 35.292 (Duties of Licensees Generally)states thata licensee must maintain confidentiality of information that could harm their client’s negotiating position, including the minimum price the seller would accept.

Confidentiality extends beyond the duration of the listing agreementunless the seller gives explicit permission to disclose information.

Why the other answers are incorrect:

Option A (Confidentiality Ends After Listing):Confidentiality continueseven after the contract ends.

Option B (Not Disclosing Another Offer):In multiple-offer situations, disclosure may be required based on seller instructions.

Option D (Commission Disclosure):The broker’s commission arrangement isnot requiredto be disclosed to the public.