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What is the breach and name the legislation

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Reference no: EM132835915

You are conducting an open inspection of a property on the market for $530k when a visitor approaches you and asks whether an offer of $495k will buy the property. You advise them that the vendor has already turned down offers above $495k (even though she hasn't) and therefore the $495k would not be enough. A few minutes later, the same visitor approaches you and asks you if $510k will buy the house.

Please answer ALL of the following

Part 1: Have you breached any legislation? If so, what is the breach and name the legislation have you breached?

Part 2: Have you breached any ethical requirements? If so, which ethical requirements have you breached?

Part 3: How would you respond to the visitor's second approach of $510k?

Reference no: EM132835915

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