Broker A has a listing agreement with the seller.Broker B has found a buyer for the property, but he is not the buyer's broker.Assuming that both brokers are subject to an MLS agreement:

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Quizplus · Accepted Answer

Broker B is not the buyer's broker and therefore is not representing the buyer. In this situation, Broker B would typically be considered a subagent of the seller and owe a duty to the seller to disclose material facts about the property. However, in some states, Broker B might also have a duty to disclose to the buyer that he is not acting as the buyer's agent. Additionally, Broker B might owe a duty to disclose material facts about the property's value to the buyer, even though he is not acting as the buyer's agent. Therefore, all of the above choices are correct.

Broker a Has a Listing Agreement with the Seller