A couple makes an appointment with a broker to look at homes. He has not met them previously. They decide to make an offer on one of his listings and they all return to the real estate office to write up the offer. The broker should
A) keep quiet and hope it is a good offer.
B) tell the buyer about the dual agency after writing the offer.
C) tell the buyer about the dual agency before writing the offer.
D) write the offer.
Correct Answer:
Verified
Q28: Two sellers lead a buyer to believe
Q29: A dual agency
A) is unlawful.
B) is legal
Q30: Dual agency results when
A) a broker represents
Q31: An investor hires a broker to buy
Q32: A salesperson who worked as an agent
Q34: In most states, the maximum amount a
Q35: Agents who are authorized to bind their
Q36: It might constitute commingling if a buyer's
Q37: A listing agent is bound by his
Q38: When an agent's authority arises from custom
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