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Authorized Relationships DisclosuresSingle_agentMEDIUM

Broker Davis is a single agent for buyer Thompson. Thompson mentions he's also looking at properties with another agent, Wilson, who is showing him properties as a transaction broker. Thompson asks Davis not to tell Wilson about their single agency relationship. How should Davis respond?

Correct Answer

B) Explain that agency relationships should be disclosed to other licensees

While Davis should respect Thompson's confidentiality, agency relationships should generally be disclosed to other licensees involved in transactions to ensure proper representation and avoid conflicts. Davis should explain the importance of transparency in professional relationships. Option A could lead to complications. Option C is unnecessarily restrictive. Option D violates Thompson's confidentiality.

Answer Options
A
Agree to keep the relationship confidential as requested
B
Explain that agency relationships should be disclosed to other licensees
C
Suggest Thompson choose only one agent to avoid confusion
D
Contact Wilson directly to discuss Thompson's representation

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Related Topics & Key Terms

Key Terms:

single_agentprofessional_disclosuremultiple_agents
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