No contradiction - when representing a Seller must disclose (to the Seller) the willingness of the Buyer to pay more, and when representing a Buyer must disclose (to the Buyer) the willingness of the Seller to accept lesss...

Here is the thing, it depends on who you are representing. If the seller, then you must tell the seller if the buyer has stated they will go higher, if you work for the buyer, then you must tell them if the seller will go lower.

If you have a fiduciary to the seller, you must disclose everything that you know about the buyer.( willingness to pay more etc,)

If you are representing the buyer, you must disclose everything to the buyer that you can learn about the seller.

IF however you are a dual agent you offer certain fiduciary duties to both parties.

IF however you are a transaction broker, you have NO fiduciary duties to either party however there are things that you cannot disclose to either party. ( like  how high or low they want to go)

Regardless of who you are representing, you MUST disclose to all parties any material facts that may effect the property.

I think you may be misreading what it says...

Eve

This question again?????????

Christian Coppieters Tony and Suzanne Marriott, Associate Brokers have this one.

Does your instructor teach you anything...or is it a paycheck for him... Tony and Suzanne Marriott, Associate Brokers nailed this one....but I left my hammer in the truck....

Tony and Suzanne Marriott, Associate Brokers got the answer - you have to focus on which party to the transaction you are representing as to where your responsibility flows

It's your job to keep your client from leaving money on the table while representing them in a transaction.
So you may not let another party know that your client is willing to pay more--or take less--than what has been offered in writing.

However, if you come across that same knowledge where another party is concerned that you do not represent . . . you must inform your client of what you know.

It is a balancing act!

Tony and Suzanne gave you the right answer

keep in mind Who your client is.

Thanks for the unique question!!!

You have to work in your client's best interest.  If the other agent tells you their client is willing to pay more/accept less, you should let your client know that.

You have received some good advice. Talk with your broker when you have concerns.

Christian Coppieters - very nice and detailed explanation from Mike & Eve Alexander.

I think that you need to re-read the information

What Scott Godzyk said!

It depends upon who my fiduciary is with.

See what Mike & Eve Alexander said for more.

Who do you work for?

I keep strategy secrets for my clients. I do not cover for fraud nor illegal nor unethical acts. But, whomever I'm in contract with is who I protect.

Some really good answers below because there is no contraction..it all depends on who you are representing.

Our code of ethics forbids we disclose confidential financial information to the other side - including ability to go higher if representing a buyer or lower if representing a seller.  Any known material facts of the property must be disclosed to the other side. I am unsure of what you are reading which is causing that confusion.

Christian Coppieters Tony and Suzanne Marriott, Associate Brokers are on top of this

Tony and Suzanne & Scott explained it. It has to do with who you represent and what information you know about the other party that you must disclose to the person/party you represent.

Glad to see you got your question answered. Curious as to why you don't pose the question to your instructor? That is why he or she is getting paid. Good luck on your studies.

The provision must be for situations, where the buyer or seller gave explicit permission to the agent to do so and the agent is still being cagey, hoping to get a higher commission. The confidentiality pertains to when your clients disclose something to you only, as their agent, without meaning for it to be announced to others.

Don't get confused by reading and trying to understand what National Association of Realtors has to stay. That is for those that pass the test and become licensees that further become Realtors. Focus on your pre-license materials and what they say about agency.

The disclosure depends on who you are representing, the buyer vs. the seller, as others have said.

Remember the basic rule: Everything is negotiable in Real Estate

Christian,

It has been answered.  A

Others have answered.

You might be relating this to a DUAL Agent

great contect to review with your broker

Christian Coppieters, the document you provided is referring to single agency relationships where you have a fiduciary responsibility to your principal. 

In Florida, by default, Realtors are transaction agents unless they disclose they are working as a single agency relationship. 

I have no idea what you are referring to... I've never seen such language in a disclosure form. Your duty is to protect the confidentiality of your client. It's possible the wording refers to the fact that you must relay all counter-offers once negotiation process has begun.