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Ga Agency BrretaBrreta_brokerage_relationshipsHARD

A buyer has signed an Exclusive Buyer Brokerage Agreement with ABC Realty. The buyer wants to purchase a property listed by another agent within ABC Realty. ABC Realty's company policy assigns separate agents to represent each party in in-house transactions. Under BRRETA, what brokerage relationship exists in this situation?

Correct Answer

B) Designated agency with separate agents representing each party

Under BRRETA (O.C.G.A. § 10-6A-12), when a brokerage firm represents both the buyer and seller in the same transaction, the firm may use designated agency, where the broker assigns separate licensees to represent each party independently. When the firm's policy establishes designated agency for in-house transactions, each designated agent owes full client-level duties to their respective party, avoiding the conflicts inherent in dual agency.

Answer Options
A
Dual agency requiring written consent from both parties
B
Designated agency with separate agents representing each party
C
Transaction brokerage since it is an in-house transaction
D
Single agency with the buyer's agent representing only the buyer

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Related Topics & Key Terms

Key Terms:

BRRETAdesignated_agencyin_house_transactionbuyer_representation

Related Concepts

A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.

A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.

A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.

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