Agency
A buyer's agent in Alaska who shows the buyer a property listed by the same brokerage should:
ARefuse to show in-house listings to avoid any conflict
BDisclose the potential in-house dual agency situation and obtain consent before proceeding✓ Correct
CAutomatically become a dual agent without further disclosure
DWithdraw from representing the buyer
Explanation
When a buyer's agent's brokerage holds the listing for a property the buyer wants to see, a potential dual agency situation arises. The licensee must disclose this conflict and obtain informed written consent from both the buyer and the seller before proceeding, consistent with Alaska's dual agency consent requirement.
Related Alaska Agency Questions
- Under Alaska law, a listing agent is required to present all offers regardless of:
- Under Alaska law, when must a licensee provide the agency disclosure?
- In Alaska, if a real estate firm represents both the buyer and seller in the same transaction without designating separate agents, this is considered:
- Subagency occurs when:
- An agent's authority to bind a principal is limited to:
- A property manager acting as an agent for a landlord in Alaska owes the tenant:
- Which of the following BEST describes the duty of 'obedience' in an agency relationship?
- When a seller's broker represents the seller and the buyer is unrepresented, the broker owes the buyer:
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