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Ga Agency BrretaBrreta_brokerage_relationshipsMEDIUM

Seller Davis has an exclusive listing agreement with broker Kim. Buyer Lopez approaches Kim directly about purchasing Davis's property. Kim decides to represent Lopez as well without using designated agency. Which of the following would NOT be required under BRRETA?

Correct Answer

D) Having Lopez sign a separate listing agreement with the brokerage

A buyer client would sign a buyer brokerage agreement, not a listing agreement, which is for sellers. Options A, B, and D are all required under BRRETA when establishing dual agency - written consent from both parties, proper disclosures, and notification of the dual agency relationship.

Answer Options
A
Disclosing the dual agency relationship to both parties before proceeding
B
Obtaining written consent from both Davis and Lopez for dual agency
C
Providing the Brokerage Relationships in Real Estate Transactions disclosure
D
Having Lopez sign a separate listing agreement with the brokerage

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Related Topics & Key Terms

Key Terms:

BRRETAdual_agencywritten_consentbuyer_agreements

Related Concepts

The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.

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.

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