What must a real estate professional do if they believe a seller’s property has significant issues?

A real estate professional has an ethical and legal responsibility to disclose any known significant issues with a seller’s property to potential buyers. Failure to do so can lead to serious consequences, including legal liabilities for misrepresentation or fraud. By disclosing these issues, the professional ensures that buyers have all the necessary information to make informed decisions about the property. This transparency is crucial in maintaining trust in the real estate transaction process and upholding professional standards.

Addressing significant issues does not mean attempting to conceal them or merely fixing them before selling, as these actions could mislead buyers. Reducing the property price without full disclosure isn't an appropriate response either, as it might not effectively address the concerns buyers have regarding the property's condition. Therefore, the correct path is to disclose these significant issues, fostering an honest and open negotiation environment.