Final answer:
If an agent reveals that the seller will take less money for the property, it is an example of asymmetric information where the seller has more knowledge than the buyer regarding the selling price.
Step-by-step explanation:
In this scenario, if an agent reveals to a buyer that the seller will take much less money for the property, it is an example of asymmetric information where the seller has more information than the buyer regarding the selling price. Asymmetric information occurs when one party in a transaction has more knowledge or information compared to the other party. In this case, the agent is providing information that can potentially benefit the buyer, as they can negotiate a lower price for the property.