A real estate broker is approached by Buyer A, whom they represent, and Buyer B, whom they also represent. Both buyers want to make an offer on the same property listed by another agency. What must the broker do?

Question: A real estate broker is approached by Buyer A, whom they represent, and Buyer B, whom they also represent. Both buyers want to make an offer on the same property listed by another agency. What must the broker do?

Answer options:

• Inform both Buyer A and Buyer B of the situation and, with their consent, continue to represent both while disclosing all offers transparently.
• Immediately cease to represent both Buyer A and Buyer B for this specific property to avoid a conflict of interest.
• Advise Buyer A to submit their offer first, then present Buyer B's offer if Buyer A's offer is rejected. ✅ Choose one buyer to represent and refer the other buyer to another broker for that specific property.

Correct answer: Choose one buyer to represent and refer the other buyer to another broker for that specific property.

Explanation: According to the Rules of professional conduct of brokers, a broker cannot represent two clients whose interests may conflict. In this scenario, the broker must refer one client to another broker for the specific property.