Home Buyer Wants Their Agent To Withhold a Material Fact

A buyer’s agent must communicate inability of home buyer to sell their existing home

A home buyer has to sell their existing home in order to complete the purchase.

The buyer gets word that the person purchasing their existing home has terminated their offer.

The home buyer does not want their real estate agent to inform the seller of the termination. Can the real estate agent withhold this information?

No.

Real estate agents are duty bound to communicate material facts to the other party.

There is ample guidance that establishes the inability of either party to complete the transaction is a material fact, and the inability to obtain a loan or a buyer’s inability to close on a home without selling a currently owned home are specifically mentioned.