A California listing agent receives a request from a buyer's agent to show the property. The listing agent does not respond for two weeks, during which another buyer makes an offer that the seller accepts. Under California law, has the listing agent breached a duty?
Correct Answer
A) Yes, the delay may breach the duty of reasonable care and diligence
Two weeks of no reply to a showing request is not diligence, and the duty of care runs to the seller whose property went unshown. Other choices: cooperation with other agents is a separate question from the duty owed to one's own client; that another offer closed does not undo the lost opportunity; and MLS rules may add a deadline but the duty of care does not depend on one.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An arrangement where a brokerage assigns separate agents within the firm to represent the buyer and seller in the same transaction, allowing each client to have dedicated representation.
A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
More Laws Of Agency Fiduciary Duties Questions
Under California law, the agency disclosure requirements apply to which types of property?
Under California law, when must a buyer's agent give the agency disclosure form to the buyer?
A broker who fails to promptly disclose their dual agency status is subject to:
A broker’s fiduciary obligation to protect a seller’s confidential information continues:
A broker has an exclusive agency listing on a property. If the owner sells the property, the broker is entitled to:
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