If a single agent transitions to a transaction broker role, what should they not disclose?

When a single agent transitions to a transaction broker role, one of the key responsibilities is to maintain impartiality and neutrality in the transaction. As a transaction broker, the agent cannot represent either party in a fiduciary capacity and must act as a facilitator of the transaction.

The correct answer highlights that the transaction broker should not disclose information learned while acting as a single agent due to the confidentiality obligations associated with that previous role. This information could include sensitive details that could impact the parties' negotiations or strategies in the transaction. Preserving such confidentiality is crucial to maintaining trust and protecting the interests of the parties involved, particularly in terms of their negotiating positions and personal motivations.

In this scenario, the other options can be disclosed under a transaction broker relationship. Market conditions can generally be shared as they are considered public knowledge and beneficial for both parties. Seller's motivations, if not specifically tied to confidential information learned by the agent while acting as a single agent, may also be discussed as part of the negotiation process. Potential buyer interest is another area where disclosure can occur, as it serves to inform all parties of the competitive landscape without breaching confidentiality.