Can a transaction broker disclose that the seller might accept a lower price than the asking price?

In real estate, a transaction broker serves as a neutral facilitator in a transaction, representing neither the buyer nor the seller. In this role, the transaction broker has a duty to maintain confidentiality regarding the seller's information, including their willingness to negotiate lower prices than the listed amount.

When a seller conveys that they may accept a lower price than what is officially advertised, this information can significantly impact the negotiation process. If disclosed, it could put the seller at a disadvantage, as it suggests flexibility in their asking price, potentially empowering buyers to make lower offers than they might have otherwise.

The relationship and duties established in the brokerage agreement emphasize the importance of confidentiality to protect the interests of the seller. Thus, disclosing the seller's price flexibility would compromise that confidentiality and confidentiality obligations. As such, this approach aligns with ethical practices in real estate transactions and ensures fairness in dealings.