Imagine you’re preparing an exclusive buyer representation agreement with a client and need to explain the options available for agency relationship. which of these is accurate?

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25-07-2022
Business

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Imagine you’re preparing an exclusive buyer representation agreement with a client and need to explain the options available for agency relationship. which of these is accurate?

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okpalawalter8 okpalawalter8 · Answer 1 · 2022-07-29T17:12:05+02:00

Imagine you’re preparing an exclusive buyer representation agreement with a client and need to explain the options available for an agency relationship. If we find a property you like that is by my broker, I may need to act as a dual agent

This is further explained below.

What is a broker?

Generally, Within the banking and financial sectors, brokers are responsible for managing a variety of commercial transactions, including investments, real estate, and insurance policies. Brokers facilitate communication between various parties, establish and develop connections, manage sales, and carry out other administrative and operational responsibilities.

In conclusion, Imagine that you are working with a client to prepare an exclusive buyer representation agreement and that you need to discuss the many alternatives that are available for agency relationships. In the event that we locate a home that you like and it is listed by my broker, it is possible that I will need to operate as a dual agent.