Under Washington's statutory agency framework (RCW 18.86), broker David represents seller Patricia in the sale of her Tacoma home. A buyer, Kevin, approaches David directly without his own agent. Kevin asks David to help him draft an offer. In this situation, what is David's agency relationship with Kevin?
Correct Answer
C) David may act as a seller's agent assisting Kevin as an unrepresented customer, with proper disclosure
Under RCW 18.86, a licensee representing a seller may provide assistance to an unrepresented buyer (customer) without creating an agency relationship with that buyer, as long as the licensee properly discloses the agency relationship. David owes Kevin good faith and honesty as a customer, but his fiduciary duties remain with Patricia as his client.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The legal requirement for real estate agents to inform all parties about who they represent in a transaction, typically provided at first substantive contact.
A legal relationship in which one person (the agent) is authorized to act on behalf of another person (the principal) in business transactions with third parties.
The legal ending of an agency relationship, which can occur through completion, expiration, mutual agreement, breach, death, incapacity, or bankruptcy of either party.
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