Question
Use the following data to answer Questions #15 and #16 ABC Realty is representing a seller in the sale of a property. A buyer saw
Use the following data to answer Questions #15 and #16 ABC Realty is representing a seller in the sale of a property. A buyer saw ABC Realty's "For Sale" sign on the lawn of the property. The buyer called a salesperson at XYZ Real Estate and indicated a desire to see the property. The buyer indicates that he has read about buyer representation and would like the salesperson to be his agent. The salesperson explains that XYZ Realty has an agency policy of representing sellers exclusively, but the buyer shouldn't worry because he will do everything a buyer's agent would do anyway. 15. When the salesperson takes the buyer to the property, what will XYZ Realty's agency relationship be in this transaction? A. Single agency - buyer representation B. Single agency - seller representation C. Undisclosed dual agent D. Disclosed dual agent 16. What was the salespersons relationship with ABC Realty? A. Agent B. Client C. Subagent D. Finder
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