Final answer:
The most correct statement is that the broker is acting unethically because they are not disclosing their relationship with the buyer or their intent to resell for a profit, which violates real estate ethics and potential disclosure requirements.
Step-by-step explanation:
In the scenario presented, a broker has an exclusive authorization and right to sell a listing but is considering using a relative to purchase the property for personal gain. The correctness of the broker's actions can be assessed through the lens of real estate ethics and laws governing such transactions. While the broker is technically within their rights to buy the property, there are ethical considerations and requirements that must be addressed.
First and foremost, real estate professionals are bound by a code of ethics which demands fair dealing with all parties and disclosure of any potential conflicts of interest. In this case, the broker's failure to disclose their personal relationship with the buyer and their intention to profit from an immediate resale would be unethical, as it potentially deprives the seller of making an informed decision or receiving the best possible offer.
Therefore, the most accurate statement concerning the broker's conduct is: Option 1: The broker is acting unethically. In addition to ethical considerations, disclosure requirements may mandate the broker to inform the seller of their relationship with the buyer and any other relevant information that could influence the seller's decisions.