New real estate disclosure regulations require sellers and their agents to tell prospective buyers about any existing problems with the property. Previously, they were expected only to answer buyers' questions. The new regulation addressed the marketing ethical problem of

A. deceptive pricing tactics.

B. misleading advertising.

C. withholding information.

D. high-pressure sales techniques.

Question

Golden Graham

Business

2 September, 20:32

New real estate disclosure regulations require sellers and their agents to tell prospective buyers about any existing problems with the property. Previously, they were expected only to answer buyers' questions. The new regulation addressed the marketing ethical problem of

A. deceptive pricing tactics.

B. misleading advertising.

C. withholding information.

D. high-pressure sales techniques.

+2

Answers (2)

Know the Answer?

Anna Arias · Answer 1

Answer: (C) Withholding information

Explanation:

The withholding information is one of the type of holding information in which we easily hold the various types of data or information deliberately in order to showing more power as compared to others.

According to the question, the agent of the real estate are withholding the data or information from the buyers and the various types of new regulations are addressing to the specific withholding information ethical problem in the market.

Therefore, Option (C) is correct.

Martha Walls · Answer 2

The correct answer is C. withholding information.

Earlier the real estate agent could withhold information from buyer unless the buyer explicitly asked for it. But now, keeping in mind the benefit of the buyer regulations have changed against withholding information. It has become a mandate now to disclose existing problems of the property with the buyer so that they can make a well informed decision from their end.