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Sales Associate Derek in Norman, Oklahoma is working with buyer Sandra to find a home. Derek has not signed a written buyer representation agreement with Sandra, but he has been showing her properties and providing advice for three weeks. Under Oklahoma agency law, which statement most accurately describes Derek's agency status with Sandra?

Correct Answer

C) Derek may have created an implied agency relationship with Sandra through his conduct, even without a written agreement.

Under Oklahoma agency law, agency relationships can be created by implication through the conduct of the parties, even without a written agreement. When a licensee consistently provides advice, guidance, and advocacy to a buyer over an extended period, an implied agency may be found to exist. Oklahoma law does not require a written agreement as the exclusive method of creating a buyer agency relationship, though a written agreement is strongly recommended to clarify the relationship.

Answer Options
A
Derek is automatically Sandra's buyer's agent because he has been showing her properties for more than two weeks.
B
Derek is acting as a subagent of the listing brokers for each property he shows Sandra.
C
Derek may have created an implied agency relationship with Sandra through his conduct, even without a written agreement.
D
Derek cannot have any agency relationship with Sandra until a written buyer representation agreement is signed.

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Related Topics & Key Terms

Key Terms:

implied_agencybuyer_agencyagency_creationoklahoma_agency_law
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