Final answer:
A broker must disclose all of the above to their principal, which includes the broker's opinion of value, how the commission is being split with other brokers, and if the broker is receiving an additional commission from another party.
Step-by-step explanation:
A broker must disclose all of the above to their principal. This includes the broker's opinion of value, how the commission is being split with other brokers, and if the broker is receiving an additional commission from another party.
Firstly, a broker's opinion of value is necessary to inform the principal about the potential price or market value of the property being dealt with. This can help the principal make informed decisions.
Secondly, disclosing how the commission is being split with other brokers is important to ensure transparency and avoid conflicts of interest. This can help build trust with the principal and ensure fairness in the transaction.
Lastly, if the broker is receiving an additional commission from another party, it is crucial to disclose this information to avoid any potential conflicts of interest or unethical practices.