Maya, a designated agent for a seller, is about to present an offer on 111 Pine Street, Kelowna. The buyer's designated agent, Raj, informs Maya that the buyer is willing to increase their offer by $15,000 if the seller pays for a complete roof replacement, which is a major expense. What is Maya's ethical duty to her seller client regarding the roof replacement request?

Question: Maya, a designated agent for a seller, is about to present an offer on 111 Pine Street, Kelowna. The buyer's designated agent, Raj, informs Maya that the buyer is willing to increase their offer by $15,000 if the seller pays for a complete roof replacement, which is a major expense. What is Maya's ethical duty to her seller client regarding the roof replacement request?

Answer options: ✅ Maya must present the offer and the buyer's proposal to increase it with the condition, and advise her client on the potential net financial impact of the roof replacement.

• Maya should advise the seller to reject the offer outright as the roof replacement is an unreasonable demand from the buyer, making the deal unfavourable.
• Maya must inform Raj that the seller is unlikely to agree to such a condition without disclosing why.
• Maya should suggest to her seller that they counter-offer with a lower price increase from the buyer and offer to repair only part of the roof.

Correct answer: Maya must present the offer and the buyer's proposal to increase it with the condition, and advise her client on the potential net financial impact of the roof replacement.

Explanation: Maya's fiduciary duty of full disclosure and professional advice requires her to present all offers and material terms to her client. She must also provide professional advice regarding the financial implications and options related to the buyer's condition.