Refusing to disclose the selling price of a listing to a neighbor is considered:

Study for the New Mexico Real Estate Exam. Use flashcards and multiple-choice questions, each with hints and explanations. Prepare effectively for your exam!

The handling of selling prices in real estate transactions can vary significantly depending on the regulations of the specific state. In a non-disclosure state, it is generally appropriate for agents to withhold the selling prices of listings from individuals who are not directly involved in the transaction, which includes neighbors. Non-disclosure allows sellers to have some level of privacy regarding their financial dealings, and real estate agents in these states are often allowed to respect that confidentiality without any legal repercussions.

In New Mexico, while transparency is often encouraged, individual agents may still have the discretion to choose whether to disclose specific financial details, including selling prices, especially to uninvolved parties. Thus, refusing to disclose such information to a neighbor aligns with the norms and laws in a non-disclosure context.

Other options might point to ethical considerations or regulatory violations, but these typically reference situations in which transparency and disclosure are mandated or expected, which is not the case in a non-disclosure circumstance. Therefore, recognizing the framework of a non-disclosure state accurately leads to the conclusion that refusing to disclose the selling price is appropriate under those conditions.

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