POST 301 - Section 4 - Broker
Relationships and Responsibilities
Bob and Mary both work for XYZ Realty. Mary is working with a buyer under an
oral buyer agency agreement that authorizes dual agency. Bob’s seller-client has
NOT authorized dual agency in Bob’s written listing agreement. Mary may:
Show the property because the buyer has orally consented to dual agency.
Show the buyer the property if the seller orally consents to dual agency.
Not show the property without the sellers’ written consent to dual agency.
Not show the property without both principals’ written consent to dual agency.
Show the buyer the property if the seller orally consents to dual agency.
As long as the buyer agency agreement remains oral, the sellers’ consent to dual
agency may be oral, even if not authorized in the written listing agreement. See
REC Rule A.0104(d). (LO: Explain the difference between traditional dual agency
and designated dual agency, what inquiries should be made and procedures
followed under Commission rules to practice designated dual agency, and what
the only prohibited pairing is)
Mary Smith is broker-in-charge of Smith Realty, which has several affiliated
agents. Mary is actively involved in listing and selling properties. Sue Long, a
provisional broker with Smith Realty, has a buyer client who has expressed an
interest in one of Mary's listings. Which of the following is permissible in this
situation?
Mary and Sue may act as dual agents.
Mary and Sue may act as designated dual agents.
Relationships and Responsibilities
Bob and Mary both work for XYZ Realty. Mary is working with a buyer under an
oral buyer agency agreement that authorizes dual agency. Bob’s seller-client has
NOT authorized dual agency in Bob’s written listing agreement. Mary may:
Show the property because the buyer has orally consented to dual agency.
Show the buyer the property if the seller orally consents to dual agency.
Not show the property without the sellers’ written consent to dual agency.
Not show the property without both principals’ written consent to dual agency.
Show the buyer the property if the seller orally consents to dual agency.
As long as the buyer agency agreement remains oral, the sellers’ consent to dual
agency may be oral, even if not authorized in the written listing agreement. See
REC Rule A.0104(d). (LO: Explain the difference between traditional dual agency
and designated dual agency, what inquiries should be made and procedures
followed under Commission rules to practice designated dual agency, and what
the only prohibited pairing is)
Mary Smith is broker-in-charge of Smith Realty, which has several affiliated
agents. Mary is actively involved in listing and selling properties. Sue Long, a
provisional broker with Smith Realty, has a buyer client who has expressed an
interest in one of Mary's listings. Which of the following is permissible in this
situation?
Mary and Sue may act as dual agents.
Mary and Sue may act as designated dual agents.
