What can a buyer, exclusively represented by a licensed broker, expect from their agent under Indiana agency law?

Under Indiana agency law, it is expected that a licensed broker representing a buyer exclusively may share the seller’s motivation for selling. This aspect of representation is part of the broker’s fiduciary duties and ethical responsibilities. The broker is obligated to act in the best interest of their client, which includes providing relevant information that could affect the decision-making process of the buyer.

The seller's motivation can be a strategic piece of information that the buyer can use to their advantage during negotiations. Understanding why the seller is selling—such as for a quick sale, financial distress, or other personal reasons—can influence the buyer's approach and negotiation strategy.

In contrast, the other options involve misconceptions about the roles and responsibilities of a broker. While a broker can provide guidance and support through the negotiation process, it is important to note that they do not provide legal advice, which is a separate field that requires a licensed attorney. Handling all negotiations is part of the broker's role; however, they must still follow the buyer's instructions and preferences, which may not mean taking full control of all aspects of negotiation. Lastly, brokers cannot guarantee the lowest price since real estate transactions are influenced by various market conditions and dynamics beyond the broker's control. Hence, while representation does provide valuable