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What might be ethical or unethical in negotiations

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Reference no: EM132376177

You are the real estate broker for one of your firm's top clients. He has enlisted your firm to list his very desirable, but very old, mansion. In fact, it's considered a historic treasure throughout the community. A potential buyer loves the location and believes that the mansion should be torn down to make way for a new drugstore development. Your client's only request is that the mansion remains intact for the community to enjoy for many years to come.

I almost forgot to mention (as did the seller to you and the firm) that the house actually sits on the old city dump with who knows what buried beneath. One more thing, the county government has approached your firm with a potential full purchase price offer if the seller agrees to clear the lot for the new county offices (neither the seller nor the buyer have any knowledge of this inquiry).

What might be ethical or unethical in negotiations with the seller, buyer, and county regarding the potential purchase of the mansion.

Reference no: EM132376177

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