Question: Expert Q&A Done A broker has a long term listing with his principal with a price that had been fully researched at the time of

Expert Q&A Done A broker has a long term listing
Expert Q&A Done A broker has a long term listing with his principal with a price that had been fully researched at the time of listing a year ago. He has just been informed that property adjacent to his principal's property has been rezoned. This means that the principal's property is likely to increase significantly in value. The broker informs one of his investors, who buys the property at full price. This makes the seller happy after such a lengthy listing. Under the common law of agency the broker: a. Should have kept the news of the zoning change a secret b. Did not provide full disclosure to his principal as required C. Has served his principal well by securing full price for his property d. Appears to have fulfilled all of his agency duties to his clients

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