A real estate team consists of a team leader (licensed broker) and three licensed sales agents. A buyer contacts one of the team agents about a listing held by another team agent. What agency concern arises in this situation?
Correct Answer
C) An in-house or designated agency issue may arise because one team agent represents the seller while another represents the buyer within the same brokerage
When agents on the same team or within the same brokerage represent opposing parties in a transaction, an in-house transaction occurs. This may create a dual agency situation or require designated agency, depending on the jurisdiction's laws.
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