Considering an agency relationship where a brokerage represents both a seller and a buyer in the same transaction, what information is a designated representative generally prohibited from disclosing to their client, even if known?

Question: Considering an agency relationship where a brokerage represents both a seller and a buyer in the same transaction, what information is a designated representative generally prohibited from disclosing to their client, even if known?

Answer options:

• The asking price of the property.
• The property's address and basic features. ✅ Confidential information about the other client's motivation or personal finances.
• The date of the closing.

Correct answer: Confidential information about the other client's motivation or personal finances.

Explanation: In designated representation, while the brokerage acts for both parties, the individual designated representatives owe their primary loyalty and confidentiality to their respective clients. This means a designated representative must not disclose confidential information about their client to the other designated representative or their client, without express consent, to protect the client's bargaining position. This aligns with the duties under REBBA 2002.