A seller contacts a broker to list his property for $100,000. The broker knows that the zoning laws have changed in that area and the property is now worth close to $150,000. The broker does not inform the seller of this fact and buys the property himself. Is this legal? Yes. The broker bought the property for the full asking price. Yes. The broker did not rolist the property after he purchased it No. The broker is prohibited from buying property he has listed No. The broker is obligated to inform the seller of the zoning changes and increase in value