Under Washington's Law of Real Estate Agency (RCW 18.86), which of the following is NOT one of the five statutory duties that a seller's agent owes to the seller as a client?
Correct Answer
A) Guaranteed sale of the property within the listing period
Under RCW 18.86.040(1), the five statutory duties a seller's agent owes to the seller are: (a) loyalty, (b) disclosure, (c) confidentiality, (d) reasonable care, and (e) accounting. A guaranteed sale is not one of these duties, nor is it a legally enforceable obligation under Washington agency law. No broker can guarantee a sale, and promising one would likely constitute misrepresentation.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.
A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.
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