Avery Ward signs an exclusive buyer-representation agreement with Jamie Cruz before touring homes. In that relationship, what type of agent is Jamie Cruz?
Correct Answer
B) Buyer's agent
Buyer's agent is correct because the facts match a licensee who represents the buyer in locating and negotiating the purchase of property. That is the best description of the relationship, right, or legal concept tested here.
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Previous Question
Avery Ward signs a listing agreement with Jamie Cruz. In the resulting sale, whose interests does the listing brokerage primarily represent?
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A cooperating broker works through the listing broker to assist in selling the property and, in a jurisdiction that recognizes the role, represents the seller rather than the buyer. What is the cooperating broker called?