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AgencyDesignated_agencyMEDIUM

Vermont allows designated agency, which means:

Correct Answer

B) Separate agents within the same brokerage represent buyer and seller independently

Designated agency allows a broker to appoint separate agents within the same brokerage to represent the buyer and seller independently in the same transaction, providing each party with their own advocate.

Answer Options
A
The broker designates one agent for all clients
B
Separate agents within the same brokerage represent buyer and seller independently
C
The state designates which agent handles each transaction
D
Only the broker can negotiate offers

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Related Topics & Key Terms

Related Topics:

dual-agency-comparisoninformation-barriersfull-advocacy

Key Terms:

designated agencyseparate agentsfull advocacysame firmVT
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